Pengaruh Rasio Kecukupan Modal, Layanan Keuangan Inklusif, dan Pengembangan Pasar Modal Terhadap Pertumbuhan Ekonomi di Negara Berkembang

Abstract

This study aims to determine the influence of the capital adequacy ratio, inclusive financial services, and capital market development on economic growth in developing countries. The type of this research is associative with a quantitative approach. The data used in this study is secondary data related to the capital adequacy ratio, inclusive financial services, capital market development, and economic growth. The analysis technique used is panel data regression using EViews. The results of this study indicate that the capital adequacy ratio has no effect on economic growth in developing countries. Inclusive financial services have no effect on economic growth in developing countries. Capital market development has a positive and significant effect on economic growth in developing countries.