Search for Articles:

Recently Downloaded: Paper ID: ART20175281, Total 28 Articles Downloaded Today





Financial Deepening and Implication for Financial Policy Coordination: The Case of Indonesia and Other Country in Asean (2000-2018)

Ajeng Faizah Nijma Ilma, Lukman Hakim, Siti Aisyah Tri Rahayu

Abstract: The main purpose of this research is to investigate the relation of trade openness, inflation, interest rate, exchange rate and HHI (Herfindahl-Hirschman Index) towards financial deepening such in ASEAN and to know how theoretical link between the independent variables and dependent variable. The measurement of financial deepening used in this study is the ratio of M2 / GDP of each country. The analysis uses panel data with random effect method to find the influence factor of financial deepening in ASEAN. The results showed that the variables of trade openness, inflation, foreign direct investment, interest rate and HHI have a significant effect on financial deepening. Key words: data panel, ASEAN, financial deepening, trade openness, inflation, interest rate, exchange rate, HHI

Keywords: data panel, ASEAN, financial deepening, trade openness, inflation, interest rate, exchange rate, HHI

Country: Indonesia, Subject Area: Economics

Pages: 459 - 463

Edition: Volume 8 Issue 3, March 2019

How to Cite this Article?

Ajeng Faizah Nijma Ilma, Lukman Hakim, Siti Aisyah Tri Rahayu, "Financial Deepening and Implication for Financial Policy Coordination: The Case of Indonesia and Other Country in Asean (2000-2018)", International Journal of Science and Research (IJSR), https://www.ijsr.net/archive/v8i3/ART20193499.pdf, Volume 8 Issue 3, March 2019, 459 - 463

Download PDF


Viewed 13 times.

Downloaded 7 times.