Pengaruh Inflasi, Kebebasan Ekonomi Dan Perkembangan Sektor Industri Halal Terhadap Pertumbuhan Ekonomi Negara

Abstract

Umat muslim saat ini memiliki kesadaran yang lebih besar untuk mendapatan produk-produk yang halal baik barang maupun jasa. Optimalisasi perkembangan sektor industri halal bisa meningkat melalui peran keuangan Islam secara langsung untuk menghidupi sektor rill atau dengan membiayai industri halal untuk menciptakan produktivitas dalam pertumbuhan ekonomi. Tujuan penelitian pada penelitian ini adalah untuk mengetahui pengaruh variabel inflasi, kebebasan ekonomi dan perkembangan sektor industri halal terhadap pertumbuhan ekonomi di negara yang selalu menjadi 10 negara terbaik dalam State Global Islamic Economic Report 2014-2019. Metode yang di gunakan pada penelitian ini adalah metode Vector Auto Regression (VAR). Data yang digunakan dalam penelitian ini adalah data panel sekunder yang diperoleh dari berbagai sumber seperti World Bank untuk data inflasi dan pertumbuhan ekonomi, The Heritage Foundation untuk data kebebasan ekonomi, serta State Global Islamic Economic Report untuk data perkembangan sektor industri halal. Hasil dari penelitian ini menunjukan bahwa variabel perembangan sektor industri halal berpengaruh secara signifikan kepada pertumbuhan ekonomi. Untuk variabel inflasi dan kebebasan ekonomi berdasarkan hasil penelitian tidak berpengaruh secara signifikan terhadap pertumbuhan ekonomi. Implikasi dari penelitian ini diharapkan dapat bermanfaat untuk berbagai kalangan. Untuk regulator di 10 negara yang dijadikan sampel dapat menjadi salah satu referensi dalam menentukan kebijakan. Untuk akademisi diharapkan berguna untuk pengembangan ilmu pengetahuan. Dan untuk masyarakat umum sebagai tambahan informasi dan sarana literasi.

Influence of Economic Freedom, Macroeconomic Variables, and The Covid-19 Pandemic On Economic Growth

“…Based on the panel data model, no significant influence of economic freedom on economic growth was found. This finding is consistent with previous research by (Elina & Setyadharma, 2022;Quddus, 2022), which also indicated that economic freedom does not have a significant impact on economic growth. These results do not support endogenous economic growth theory, which implies that economic freedom may affect overall macroeconomic conditions but does not directly influence internal factors essential for long-term growth.…”

The INFLUENCE OF ECONOMIC FREEDOM, MACROECONOMIC VARIABLES, AND THE COVID-19 PANDEMIC ON ECONOMIC GROWTH

“…Based on the panel data model, no significant influence of economic freedom on economic growth was found. This finding is consistent with previous research by (Elina & Setyadharma, 2022;Quddus, 2022), which also indicated that economic freedom does not have a significant impact on economic growth. These results do not support endogenous economic growth theory, which implies that economic freedom may affect overall macroeconomic conditions but does not directly influence internal factors essential for long-term growth.…”

The Impact of the Halal Industry and Islamic Financial Assets on Indonesia's Economic Growth Using the Vector Autoregression (Var) Approach

“…In times of rising halal industry, Indonesia's economic growth will rise. This result is undoubtedly under research by Quddus (2022) who research that the Halal Industry positively influences economic growth. Therefore, the government needs to pay serious attention to macro instrument policies to support the increase in national economic growth (Quddus, 2022).…”

“…This result is undoubtedly under research by Quddus (2022) who research that the Halal Industry positively influences economic growth. Therefore, the government needs to pay serious attention to macro instrument policies to support the increase in national economic growth (Quddus, 2022). Meanwhile, Islamic Financial Assets do not affect economic growth.…”

“…Permana (2020) revealed that Islamic financial institutions have implications for economic growth in reducing poverty levels by increasing people's incomes and reducing poverty. The findings of Saestu (2023) and Fathoni (2022) revealed that three halal business sectors are believed to be more vulnerable to the Covid-19 pandemic to facilitate national economic recovery, namely halal finance, halal food industry, and halal fashion Quddus (2022) and was reinforced by Madjid and Hasan (2022).They found that lifestyles in the Islamic banking sector, halal tourism, and halal food positively affect Indonesia's economic growth. Charity (2017) found that developing Islamic finance can boost economic growth.…”