The Causality of Financial Inclusion and Economic Growth in Indonesia

Sustainable economic growth has become one of the goals concern for policymakers around world. Financial inclusion received significant attention in planning strong policies to achieve goals. This study aims analyze how fast response is due shocks financial depth, access, and stability 34 provinces Indonesia, 2014-2019. uses vector auto-regression (VAR) models Granger causality test main research questions. The results show that depth can promote growth, not vice versa. existence three variables responded differently growth.