Determinan Pertumbuhan Ekonomi Negara Oki

Abstract

Pertumbuhan ekonomi suatu negara menjadi tujuan awal dari pencapaian yang diharapkan oleh berbagai negara di dunia begitu juga dengan negara Organisasi Konferensi Islam (OKI). Terdapat berbagai indikator yang digunakan untuk melihat pertumbuhan ekonomi dan salah satunya adalah peningkatan Gross Domestic Produk. GDP merupakan total keseluruhan nilai produksi barang atapun jasa yang berada dalam suatu negara salama satu tahun. Penelitian ini bertujuan untuk melihat apa saja faktor-faktor yang mempengaruhi pertumbuhan ekonomi negara oki dengan ekspor, inflasi, dan nilai tukar sebagai variabel independen dan GDP sebagai variabel dependen. Metode yang digunakan dalam penelitian ini adalah Panel Vector Error Correction Model (PVECM) meliputi lima negara yakni Indonesia, Brunei Darussalam, Sudan, Bahrain, dan Malaysia selama kurun waktu 1985-2017. Hasil menunjukkna bahwa variabel ekspor, inflasi, dan nilai tukar memiliki pengaruh yang signifikan dalam jangka panjang maupun jangka pendek terhadap GDP. Variabel GDP lebih dominan memberikan kontribusi sebesar 90%, ekspor memberikan kontribusi 6.1%, inflasi memberikan kontribusi 2.8%, dan variabel nilai tukar dengan kontribusi sebesar 0.02%.

Bank Credit and Economic Growth: Evidence from OIC Countries

“…There is a view that inflation has a negative influence on economic growth, which means that the higher the inflation rate, the weaker a country's economy. (Tamimah et al, 2019).…”

“…The Organization of Islamic Cooperation (OIC) plays a significant role in bringing together its member states to ensure and protect common interests in various fields, including economic, social, and political. The OIC is now the second-largest intergovernmental organization after the United Nations (UN) in terms of the number of members, involving 57 countries, the majority of whose populations follow the Islamic religion (Tamimah et al, 2019). The economic growth of OIC member countries increased as a result of the post-pandemic economic recovery.…”

Tourism Sector Development and Economic Growth in OIC Countries

“…Therefore, studies have investigated the relationship between inflation and economic growth of a country. There is a view that inflation has a negative influence on economic growth, meaning that the higher the inflation rate, the weaker a country's economy will be (Tamimah et al, 2019).…”

Gravity Model Analysis of Indonesia's Trade Role within OIC Economies

“…As the largest economy among the 57 member countries of the Organization of Islamic Cooperation (OIC), Indonesia's economic footprint surpasses notable economies such as Iran, Saudi Arabia, Turkey, Nigeria, and the United Arab Emirates, based on total Gross Domestic Product (GDP) (goodstats.id, 2022). Indonesia has held an active membership within the OIC since its inception in 1969, demonstrating a commitment to promoting economic cooperation and trade agreements among Islamic countries (Tamimah et al, 2019). In alignment with its New Economic Model (NEM), Indonesia has strategically expanded its export market to Middle Eastern countries in recent years, aiming to reduce dependency on traditional markets and explore new opportunities (Prihadyatama, 2022).…”