Turkish Economic Review https://journals.econsciences.com/index.php/TER <p><sup>TER (ISSN: 2149-0414) is published as four issues per year, March, June, September and December and all publication policies and processes are conducted according to the international standards. TER is an international, double-blind peer-reviewed, quarterly, open-access journal published by the Journals. TER accepts and publishes the research articles in the fields of economics, fiscal economics, applied economics, business economics, labour economics and econometrics etc. TER, without depending on any institution or organisation, is a non-profit journal that has an International Editorial Board specialists on their fields. TER is an open Access Journal. Papers which are inappropriate to its scientific purpose, scope and fields are kindly rejected. It strictly depends on the scientific principles, rules and ethical framework that are required to this qualification. <strong>Continuous Publication Model:</strong> Econsciences Journals is published under the continuous publication model. </sup></p> en-US <a href="http://creativecommons.org/licenses/by-nc/4.0/" rel="license"><img style="border-width: 0;" src="https://i.creativecommons.org/l/by-nc/4.0/88x31.png" alt="Creative Commons License" /></a><br />This article licensed under <a href="http://creativecommons.org/licenses/by-nc/4.0/" rel="license"> Creative Commons Attribution-NonCommercial license (4.0)</a> journals@econsciences.com (Editorial) journals@econsciences.com (Secretarial) Sat, 17 Jan 2026 00:00:00 +0000 OJS 3.3.0.14 http://blogs.law.harvard.edu/tech/rss 60 The influence of fiscal policy and monetary policy on the Indonesian Economy https://journals.econsciences.com/index.php/TER/article/view/2664 <p>This study aims to analyze the impact of taxes, the BI Rate, and inflation on GDP in Indonesia. Based on the regression analysis, it was found that taxes have a positive impact on GDP with a coefficient of 0.429, indicating that every 1 percent increase in taxes can increase GDP by 0.429 percent. This finding is consistent with Keynesian theory, which suggests that taxes can be used as a fiscal policy instrument to influence the economy. Meanwhile, the BI Rate has a negative impact on GDP with a coefficient of -0.011, indicating that every 1 percent increase in the interest rate can decrease GDP by 0.011 percent. This supports the monetary theory that higher interest rates tend to reduce investment and consumption, ultimately leading to a decrease in GDP. Inflation, on the other hand, does not show a significant impact on GDP in this study, with a significance value of 0.340, which is greater than 0.05. This finding contradicts classical economic theory, which regards inflation as a factor that hinders economic growth. This study provides an overview that appropriate fiscal and monetary policies can influence economic growth, while the impact of inflation on GDP is more complex and depends on other factors.</p> <p><strong>Keywords.</strong> Taxes, BI Rate, Inflation, GDP, Indonesian Economy</p> <p><strong>JEL.</strong> B25; G20; J71; N32; P16.</p> La TONDI Copyright (c) 2026 http://creativecommons.org/licenses/by-nc/4.0 https://journals.econsciences.com/index.php/TER/article/view/2664 Sat, 17 Jan 2026 00:00:00 +0000 In progress (Continuous Publication - March 2026) https://journals.econsciences.com/index.php/TER/article/view/2709 <p>In progress (Continuous Publication - March 2026)</p> EconSciences Library Copyright (c) 2026 http://creativecommons.org/licenses/by-nc/4.0 https://journals.econsciences.com/index.php/TER/article/view/2709 Sat, 17 Jan 2026 00:00:00 +0000