Ronaldo, Edwin (2016) PENGARUH INTERMEDIASI PERBANKAN TERHADAP PERTUMBUHAN EKONOMI INDONESIA. S1 thesis, UNIVERSITAS SULTAN AGENG TIRTAYASA.

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Abstract

This study aims to discuss the bank as a financial intermediary in increasing economic growth. Banking intermediation is banking as a means transmission of monetary policy, and as the investment intermediary. Variable banking intermediation in this study was measured through two variables, namely variable credit to Real GDP and third party funds to Real GDP.Variable credit to Real GDP indicate the progress of banks as intermediary institutions credit to finance consumption, investment, exports, and imports. Third party funds to Real GDP shows the absorption of excess funds from the public The higher the absorption of third party funds to Real GDP and bank lending, to indicates the more frequent the people use of financial services in order to show the development and depth of financial intermediation. Besides financial variables, control variables on economic growth that is used is the interest rate of Bank Indonesia. The data used is period 1 st quarter 2007 to 4 th quarter 2014. Data obtained from the publication of Bank Indonesia and the Central Statistic of the Republic of Indonesia. This study uses cointegration test approach Autoregressive Distributed Lag (ARDL) developed by Pesaran and Pesaran (1997), to prove their long-term effect among variables. In addition to seeing the relationship between variables among the variables in the long term, this study also estimates an error correction model (ECM) to see how quickly the economy back to a balanced state when there is a shock in the short term. The results obtained are there long-term relationship between variables. In the long-term and short-term a variable credit to Real GDP and third party funds to Real GDP and Bank Indonesia interest rates are positive and significant impact on economic growth in Indonesia. Keywords: Financial Intemediation, Banking Intermediation, Credit, Third Party Funds, Economic Growth, Financial Sector, Autoregressive Distributed Lag (ARDL), Error Correction Model (ECM).

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