{"title":"北苏门答腊货币工具冲击对通货膨胀的影响:两阶段最小二乘法","authors":"Nelly Hutajulu, Fitrawaty Fitrawaty, M. Rahmadana","doi":"10.4108/eai.8-10-2018.2289252","DOIUrl":null,"url":null,"abstract":"The study explores the relationship among inflation and economic growth in North Sumatra. Two-Stage Least Square (2SLS) technique is used to analyze the impact of monetary instrument shock against inflation the period of 1994-2017. The result of research concludes that economic growth effect significantly to inflation in North Sumatra and positive direction. The amount of money in circulation, the money supply previous period a significant and negative effect against inflation in North Sumatra. interest rate of Bank Indonesia, unemployment is a significant and positive effect against inflation in North Sumatra. Inflation has no effect on against the economic growth of North Sumatra. The amount of money in circulation, a significant and positive effect toward economic growth in North Sumatra. While the money supply previous period does not affect economic growth in North Sumatra.","PeriodicalId":165604,"journal":{"name":"Proceedings of the Proceedings of the 1st International Conference on Economics, Management, Accounting and Business, ICEMAB 2018, 8-9 October 2018, Medan, North Sumatra, Indonesia","volume":"95 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Impact of Monetary Instrument Shock Against Inflation in North Sumatra: Two-Stage Least Square Method\",\"authors\":\"Nelly Hutajulu, Fitrawaty Fitrawaty, M. Rahmadana\",\"doi\":\"10.4108/eai.8-10-2018.2289252\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The study explores the relationship among inflation and economic growth in North Sumatra. Two-Stage Least Square (2SLS) technique is used to analyze the impact of monetary instrument shock against inflation the period of 1994-2017. The result of research concludes that economic growth effect significantly to inflation in North Sumatra and positive direction. The amount of money in circulation, the money supply previous period a significant and negative effect against inflation in North Sumatra. interest rate of Bank Indonesia, unemployment is a significant and positive effect against inflation in North Sumatra. Inflation has no effect on against the economic growth of North Sumatra. The amount of money in circulation, a significant and positive effect toward economic growth in North Sumatra. While the money supply previous period does not affect economic growth in North Sumatra.\",\"PeriodicalId\":165604,\"journal\":{\"name\":\"Proceedings of the Proceedings of the 1st International Conference on Economics, Management, Accounting and Business, ICEMAB 2018, 8-9 October 2018, Medan, North Sumatra, Indonesia\",\"volume\":\"95 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2019-11-07\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Proceedings of the Proceedings of the 1st International Conference on Economics, Management, Accounting and Business, ICEMAB 2018, 8-9 October 2018, Medan, North Sumatra, Indonesia\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.4108/eai.8-10-2018.2289252\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the Proceedings of the 1st International Conference on Economics, Management, Accounting and Business, ICEMAB 2018, 8-9 October 2018, Medan, North Sumatra, Indonesia","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4108/eai.8-10-2018.2289252","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Impact of Monetary Instrument Shock Against Inflation in North Sumatra: Two-Stage Least Square Method
The study explores the relationship among inflation and economic growth in North Sumatra. Two-Stage Least Square (2SLS) technique is used to analyze the impact of monetary instrument shock against inflation the period of 1994-2017. The result of research concludes that economic growth effect significantly to inflation in North Sumatra and positive direction. The amount of money in circulation, the money supply previous period a significant and negative effect against inflation in North Sumatra. interest rate of Bank Indonesia, unemployment is a significant and positive effect against inflation in North Sumatra. Inflation has no effect on against the economic growth of North Sumatra. The amount of money in circulation, a significant and positive effect toward economic growth in North Sumatra. While the money supply previous period does not affect economic growth in North Sumatra.