Did the policy responses influence credit and business cycle co-movement during the COVID-19 crisis? Evidence from Indonesia

Prabheesh, K.P.; Sasongko, Aryo; Indawan, Fiskara

doi:10.1016/j.eap.2023.02.007

Cited by 3 publications

(1 citation statement)

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“…Pada tahun 2022, pemasukan negara dari pajak mencapai Rp 1,7 triliun atau 85% tercapai dari target total penerimaan Negara (Prabheesh et al, 2023). Keberhasilan ini bisa diartikan karena adanya kombinasi antara pendapatan zakat, belanja pemerintah, dan utang pemerintah yang terintegrasi secara optimal dan tujuan pencapaian pertumbuhan ekonomi Indonesia.…”

Section: Pendahuluanunclassified

Zakat, Belanja Pemerintah, Utang Pemerintah, Dan Pertumbuhan Ekonomi Indonesia: Sebuah Analisis Kritis Melalui Literature Review

Syadali

2023

JIEI

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In the current era of globalization, economic growth is one of the main indicators in assessing the quality and development of a country. The purpose of this study is to examine more deeply the role of zakat, government spending, government debt, and Indonesia's economic growth with a research method using a literature review. The results of this study indicate that zakat, government spending, and government debt have an important role in Indonesia's economic growth. Strong synergy between the government, society, and the private sector in optimizing zakat potential and managing government spending and debt will create inclusive and sustainable economic growth in Indonesia. Through a critical literature review analysis, this research is expected to significantly contribute to science and public policy relevant to the Indonesian government and society to maintain and increase significant economic growth in the future.

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Section: Pendahuluanunclassified

Zakat, Belanja Pemerintah, Utang Pemerintah, Dan Pertumbuhan Ekonomi Indonesia: Sebuah Analisis Kritis Melalui Literature Review

Syadali

2023

JIEI

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Assessing the Impact of US Monetary Policy on Foreign Currency Debt and Credit Growth in Emerging Markets During the COVID-19 Pandemic”

Prabheesh,

Wickramarachchi,

Kumar

2024

Emerging Markets Finance and Trade

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Does digital transformation help mitigate firm innovation dilemma? A quasi-natural experiment based on the COVID-19 pandemic in China

Yang,

Zhu,

2024

CMS

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Purpose The purpose of this paper is to investigate the impact of the COVID-19 pandemic on company innovation, specifically centering on the quantity and quality of innovation. The paper aims to provide a comprehensive understanding of whether the epidemic inhibits innovation and the role of digital transformation in mitigating this negative impact. Design/methodology/approach The paper uses a quasi-experimental study of the COVID-19 pandemic and constructs a differential model to analyze the relationship between the epidemic and firm innovation in three dimensions: total, quantity and quality. The paper also uses a difference-in-difference-in-differences model to test whether digital transformation of firms mitigates the negative impact of the epidemic and its mechanism of action. Findings The results show that COVID-19 significantly reduced the overall level of firm innovation, primarily in terms of quantity rather than quality. Furthermore, this study finds that digital transformation plays a pivotal role in mitigating the pandemic’s adverse impact on innovation. By addressing financing constraints and countering demand insufficiency, digital transformation acts as a catalyst for preserving and fostering innovation during and after the pandemic. Originality/value This study extends the current research on the pandemic’s impact on firm innovation at the micro level. It offers valuable insights into strategies for fostering digital transformation among Chinese enterprises in the post-pandemic era.

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Did the policy responses influence credit and business cycle co-movement during the COVID-19 crisis? Evidence from Indonesia

Cited by 3 publications

References 51 publications

Zakat, Belanja Pemerintah, Utang Pemerintah, Dan Pertumbuhan Ekonomi Indonesia: Sebuah Analisis Kritis Melalui Literature Review

Zakat, Belanja Pemerintah, Utang Pemerintah, Dan Pertumbuhan Ekonomi Indonesia: Sebuah Analisis Kritis Melalui Literature Review

Assessing the Impact of US Monetary Policy on Foreign Currency Debt and Credit Growth in Emerging Markets During the COVID-19 Pandemic”

Does digital transformation help mitigate firm innovation dilemma? A quasi-natural experiment based on the COVID-19 pandemic in China

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