PENGARUH KETIDAKPASTIAN KEBIJAKAN EKONOMI AMERIKA SERIKAT, TIONGKOK, DAN JEPANG TERHADAP JAKARTA ISLAMIC INDEX

Authors

  • Maulidia Royhana Universitas Islam Negeri Syarif Hidayatullah Jakarta
  • Titi Dewi Warninda Universitas Islam Negeri Syarif Hidayatullah Jakarta

DOI:

https://doi.org/10.12928/fokus.v11i1.3735

Keywords:

United State EPU, Tiongkok EPU, Japan EPU, Jakarta Islamic Index, Error Correction Model

Abstract

This research aims to analyze the influence of United State Economic Policy Uncertainty, Tiongkok Economic Policy Uncertainty, and Japan Economic Policy Uncertainty on the Jakarta Islamic Index. This study used time-series data from January 2001 to December 2019 and Error Correction Model (ECM) to analyze the short-term and long-term effects of United State, Tiongkok and Japan Economic Policy Uncertainty on the Jakarta Islamic Index. The results of this research show that United State EPU and Tiongkok EPU have no short-term and long-term effect on Jakarta Islamic Index. Meanwhile, in the short-term, Japan EPU has a significant influence on the Jakarta Islamic Index but has no long-term influence.

Author Biography

Titi Dewi Warninda, Universitas Islam Negeri Syarif Hidayatullah Jakarta

Associate Professor (Lektor Kepala), Department of Management, Faculty of Economics and Business.

Research interest: Finance

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Published

2021-04-17

How to Cite

Royhana, M., & Warninda, T. D. (2021). PENGARUH KETIDAKPASTIAN KEBIJAKAN EKONOMI AMERIKA SERIKAT, TIONGKOK, DAN JEPANG TERHADAP JAKARTA ISLAMIC INDEX. Jurnal Fokus Manajemen Bisnis, 11(1), 95–110. https://doi.org/10.12928/fokus.v11i1.3735

Issue

Vol. 11 No. 1 (2021)

Section

Articles

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