The Importance of Financial Liberalisation for Economic Growth: The Case of Indonesia

Gupta, Krisna

doi:10.1080/00074918.2020.1747596

Cited by 9 publications

(14 citation statements)

References 23 publications

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“…A developed financial system promotes economic growth in the long run (Puatwoe & Piabuo, 2017). The regulatory body should improve financial efficiency, which will help generate enough capital formation and investment in productive sectors (Ang, 2008;Gupta, 2021). Investors and investment managers make investment decisions.…”

Section: Introductionmentioning

confidence: 99%

Effect of Cognitive Biases on Investment Decision Making: A Case of Pokhara Valley, Nepal

Dhungana

Bhandari²,

Ojha

et al. 2022

QJMSS

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Background: Behavioral finance deals with the study of psychological influences on investors and financial markets. Investors commonly perform investment analysis through fundamental and technical analysis. The behavior of the investment market originates from the principles of psychological decision-making that explains the reasons behind buying and selling stocks. Objectives: This paper aims to examine the effect of cognitive biases on investment decisions in Pokhara Valley, Nepal. The effect of five cognitive biases, such as availability, anchoring, overconfidence, herd instinct, and regret aversion, is measured on rational investment decision-making. Methods: This study is based on primary data sources using non-probability (convenience method) sampling techniques. There are seven brokerage houses in Pokhara valley, and researchers selected 179 respondents involved in stock market investment. Both descriptive and inferential analyses were made to analyze the data. Results: The study discovers a link between irrationality in financial decision-making and availability, overconfidence, and herd instinct biases, but anchoring and regret aversion biases had no effect on irrational investment decisions. However, though all the biases have a positive relationship with an irrational investment decision, overconfidence bias has the highest impact. Regret aversion bias has the least impact on investment decisions in comparison to the other four biases. Conclusion: The investors and the policymakers should focus on finding the cognitive biases and various de-biasing methods to eradicate those biases throughout investment decision-making. The findings of this study have a number of implications for investors, brokers, and governments who aim to stimulate stock market investment.

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Section: Introductionmentioning

confidence: 99%

Effect of Cognitive Biases on Investment Decision Making: A Case of Pokhara Valley, Nepal

Dhungana

Bhandari²,

Ojha

et al. 2022

QJMSS

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“…Dengan kata lain, kecil kemungkinan bagi UMK untuk mengimpor secara langsung dari pasar internasional dengan harga yang lebih rendah. Mereka justru lebih memanfaatkan impor yang tersedia di pasar dengan harga yang ditawarkan oleh para importir utama (Gupta, 2021;Pane & Patunru, 2021). Agar ekonomi Indonesia tidak bergantung pada harga komoditas yang volatil dan untuk meningkatkan nilai tambah domestik pada industri F&B, impor input antara sebaiknya tidak dikurangi.…”

Section: Menghubungkan Kinerja Umk Dengan Impor Input Antara DI Sekto...unclassified

“…Perusahaanperusahaan kecil lebih kesulitan beradaptasi dengan volatilitas kebijakan perdagangan, sementara perusahaan-perusahaan besar lebih mampu menghadapi restriksi perdagangan. Gupta (2021) (Pesaran & Smith, 1995;Pesaran, Shin, & Smith, 2001) untuk mengevaluasi dampak impor input antara terhadap industri pangan yang diagregasi dari perusahaan-perusahaan berskala mikro dan kecil. Kami menggunakan total output industri, total nilai tambah industri, rerata nilai tambah per perusahaan, rerata nilai tambah per pekerja, dan rerata upah industri sebagai variabel dependen.…”

Section: Lampiranunclassified

Pentingnya Perdagangan bagi UMK di Sektor F&B Indonesia

Hasran¹,

Gupta²

2023

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“…However, in practice, the goals of equity and growth simultaneously cannot be easily achieved because of the scale of opportunity, the two goals are trade-offs because of the budgetary budget (Gadhok et al, 2020). Historically, it can also be seen that the performance of the Indonesian government in the past was able to increase its economic growth rapidly, even reaching a growth rate of 7% per year during the Old Order of President Soeharto (Gupta, 2020). This figure has earned Indonesia the nickname as the new "Asian Tiger" which is projected to be able to overtake other Asian countries such as South Korea, Japan and Singapore (Dayley, 2019).…”

Section: Introductionmentioning

confidence: 99%

Toward economic growth: Income distribution in the era of the COVID19 pandemic in east Kalimantan province

Syarif¹,

Suharto²,

Hasid³

et al. 2022

10.5267/j.ac

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The technological era is a dilemma in the economic growth of a region. The policy of economic development, at least, contains two main objectives to be achieved, namely growth and equity. These two goals are usually in conflict with each other. That is, if growth reaches a high level, then equity reaches a decline so that the conscious effort to create a balance is one of the goals of development. Growth to increase income per capita is an effort in progress to increase output (through the use of factors of production with or without technological change) continuously in the long run, which is always associated with population growth. Because with high output growth coupled with high population growth, the growth of output will become a new problem, so efforts to overcome unemployment are also a crucial part of development. Equitable distribution of fixed income is one of the critical issues faced by an economy. Doing a real business venture so that the rent is more evenly distributed is an essential responsibility of an economic system. The development of an economy will cause changes that are not always good due to the use of labor. This sometimes causes the number and level of unemployment to increase, along with population growth. Finally the paper considers whether there is any evidence of government expenditure, Private investment and poverty rates on Income distribution in East Kalimantan Province is Significantly influenced but Economic is not Growth.

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The Importance of Financial Liberalisation for Economic Growth: The Case of Indonesia

Cited by 9 publications

References 23 publications

Effect of Cognitive Biases on Investment Decision Making: A Case of Pokhara Valley, Nepal

Effect of Cognitive Biases on Investment Decision Making: A Case of Pokhara Valley, Nepal

Pentingnya Perdagangan bagi UMK di Sektor F&B Indonesia

Toward economic growth: Income distribution in the era of the COVID19 pandemic in east Kalimantan province

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