scholarly journals Impact of the Economic Growth and Acquisition of Land to the Construction Cost Index in North Sumatra

2017 ◽  
Vol 180 ◽  
pp. 012004 ◽  
Author(s):  
H B Tarmizi ◽  
M Daulay ◽  
I Muda
Keyword(s):  
Economic Growth ◽  
Construction Cost ◽  
Cost Index ◽  
North Sumatra

scholarly journals Pengaruh Pertumbuhan Ekonomi, Pendapatan Asli Daerah Terhadap Alokasi Belanja Modal Dengan Dana Alokasi Umum Sebagai Variabel Pemoderasi Pada Kabupaten/ Kota Di Provinsi Di Sumatera Utara

2020 ◽  
Vol 4 (1) ◽  
pp. 274-281
Author(s):  
Eka Sridawati Purba ◽  
Elsa Lorreinne Pradipta ◽  
Ruth Trifosa Taruli Manullang ◽  
Benny Rojeston Marnaek Nainggolan
Keyword(s):  
Economic Growth ◽  
Local Governments ◽  
Capital Expenditure ◽  
Secondary Data ◽  
Capital Expenditures ◽  
Moderating Variables ◽  
Local Revenue ◽  
Fixed Assets ◽  
North Sumatra ◽  
Regression Tests

The allocation of expenditure in the Regional Revenue and Expenditure Budget (APBD) in the form of capital expenditure aims to increase the fixed assets and the development of the region so as to create equitable development in each region, but the allocation of capital expenditure is not used productively by local governments, it can be seen from the imbalance of development between regions. The purpose of this study is to examine the effect of Economic Growth (PE), Regional Original Income (PAD) on the allocation of Capital Expenditure (BM) and General Allocation Funds (DAU) as moderating variables in Regencies / Cities in North Sumatra Province. The type of data used in this study is secondary data with multiple linear regression tests. The results of this study partially Economic Growth does not affect the allocation of Capital Expenditures, but Regional Original Revenue partially influences the allocation of Capital Expenditures. Simultaneously Economic Growth, Local Own Revenue and General Allocation Funds have positive and significant effect on capital expenditure. The General Allocation Fund moderates the effect of Economic Growth on the allocation of Capital Expenditures and the General Allocation Fund does not moderate the influence of the Local Revenue to the allocation of Capital Expenditures. Keywords: Economic Growth, Local Own Revenue, Capital Expenditures, General Allocation Funds

scholarly journals THE EFFECT OF CAPITAL EXPENDITURE AND ECONOMIC GROWTH ON THE HUMAN DEVELOPMENT INDEX OF THE DISTRICT CITY IN NORTH SUMATERA

2020 ◽  
Vol 7 (1) ◽  
pp. 585-594
Author(s):  
Muammar Rinaldi ◽  
Zainal Arifin ◽  
Indra Maipita ◽  
Saidun Hutasuhut
Keyword(s):  
Economic Growth ◽  
Human Development ◽  
Human Development Index ◽  
Time Series Data ◽  
Capital Expenditure ◽  
Numerical Data ◽  
Series Data ◽  
Development Index ◽  
Analysis Technique ◽  
North Sumatra

This study aims to analyze the effect of capital expenditure and economic growth simultaneously on the Human Development Index (HDI) in districts/cities in North Sumatra. This type of research is a descriptive-quantitative approach that suppresses its analysis of numerical data that is processed by the statistical method. Sources of data in this study were taken from the Central Bureau of Statistics of North Sumatra for the HDI data. The sample in this study is all districts/cities in North Sumatra for the period 2013-2017. The data analysis technique used in this study uses panel data regression with Eviews 7 because, in this study, there are characteristics of cross-section and time-series data simultaneously. The results of this study indicate that capital expenditure partially has a positive and significant effect on the Human Development Index in districts/cities in North Sumatra. Economic growth partially has a positive and significant effect on the HDI in districts/cities in North Sumatra, and capital expenditure and economic growth have a positive and significant effect simultaneously on the Human Development Index in districts/cities in North Sumatra.

scholarly journals Analysis of Superior Commodities in Agricultural Sector in Some Districts of North Sumatera Province

2020 ◽  
Vol 3 (2) ◽  
pp. 1054-1066
Author(s):  
Nela Permata Sari Lubis ◽  
Eko Wahyu Nugrahadi ◽  
M. Yusuf
Keyword(s):  
Economic Growth ◽  
Agricultural Sector ◽  
Endogenous Development ◽  
Location Quotient ◽  
Regional Economic ◽  
Economic Output ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact ◽  
North Sumatra

Realization of regional economic development requires policies that are endogenous development. Each region has a base sector as the main driving force in economic growth. The base sector must have resilience between other sectors and have a high contribution to the formation of total regional economic output. North Sumatra is one of the provinces in Indonesia which has a tendency towards economic structure in the agricultural sector. Viewed from the field of business, the agricultural sector provides the highest contribution in the formation of GRDP. North Sumatra has 25 districts with a variety of geographical conditions having varied natural resources that need to be intensified and explored. The purpose of this study is to analyze the leading commodities of the agricultural sector and find out how much the impact of the leading sector on the growth of North Sumatra GRDP in the period 2014 - 2018. The method of analysis in this study uses the Location Quotient (LQ) analysis, Revelead Comparative Advantage (RCA) analysis, and Panel Data Regression Analysis. The estimation results show that the agriculture, livestock, hunting and services sub-sectors, the forestry sub-sector and the fisheries sub-sector have a positive and significant effect on the economic growth of the province of North Sumatra. The economic growth variables can be explained by 89 percent by the variables of the agriculture, livestock, hunting and service subsectors, the forestry subsector and the fisheries subsector while the rest are explained by variables not included in this study.

scholarly journals Perkembangan Ekspor dan Impor Sumatera Utara pada Tatanan Hidup Baru

2022 ◽  
Vol 4 (3) ◽  
pp. 645-654
Author(s):  
Sheyila Putri ◽  
Aldy Fernando Lubis ◽  
Annisa Fahira ◽  
Deva Kumala Sari ◽  
Dewi Chofifah
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Global Economy ◽  
National Income ◽  
Secondary Data ◽  
Economic Life ◽  
Trade Patterns ◽  
New Era ◽  
Analysis Technique ◽  
North Sumatra

The level of a province can be seen from its economic growth, seen from the aspect of the value of exports and imports which have an influence on a trade between provinces. After the occurrence of covid-19 which had a major impact on Indonesian trade and the global economy. As a result of the pandemic, there have been major changes in world trade patterns, such as the lockdown system implemented in Indonesia. This study aims to determine the development of exports and imports of North Sumatra Province through indicators of export and import values. The data analysis technique in this research is descriptive data analysis. The source of data in this study is secondary data taken in (2016/2020) which is downloaded via www.bps.go.id, especially export and import data during the development of a new economic life order in North Sumatra Province. The results show that there is an increase that can be seen from the increase in the volume and value of imports and exports in a province, a decrease in the volume and value of imports and exports of imports, the development of a new economic order of life. With good economic growth, it will increase national income, the community will be prosperous in terms of the economy. In the last decade, exports continued to increase in 2021 to reach Rp. 13 trillion. Many studies have stated that in the past year, export-import cases have fluctuated during the COVID-19 period. And this pandemic has taught us the need to encourage export and import diversification, diversification of supplying countries and product destinations. produced in order to develop in a new life order. Keywords: Export, Import, New Era, Economic Growth

scholarly journals Interaksi Investasi, Dana Pihak Ketiga dan Pembiayaan Perbankan Syariah Terhadap Pertumbuhan Ekonomi di Sumatera Utara

2021 ◽  
Vol 7 (2) ◽  
Author(s):  
Sugianto Sugianto ◽  
Muhammad Yafiz ◽  
Anita Khairunnisa
Keyword(s):  
Economic Growth ◽  
Secondary Data ◽  
Third Party ◽  
Domestic Product ◽  
Islamic Banking ◽  
Domestic Investment ◽  
Vector Error Correction ◽  
Long Run ◽  
Negative Effect ◽  
North Sumatra

Economic growth is a picture to see the progress of economy a country or region, as measured with the amount of data on Gross Domestic Product (GDP) or data on Gross Regional Domestic Product (GRDP). The purpose of this study is to analyze the independence of the variables that affect economic growth, such as Domestic Investment (DI), Foreign Direct Investment (FDI), Third Party Funds (TPF) and Islamic Banking Financing. The research method uses a quantitative approach with secondary data in time series with the Vector Error Correction Model (VECM) methods and uses the help of Eviews 9 program. This study uses a sample from 2010 to 2020. The results of this study indicate that in the long run the variables of DI, FDI and Financing Islamic Banking have a positive and significant effect on the GRDP of North Sumatra, while the TPF Islamic Banking variable has a negative effect on the GRDP of North Sumatra. In the short term, the DI variable significantly affects the FDI. This study suggests that in order to advance the economy of a region, North Sumatra government should encourage and support activities carried out by DI and FDI, as well as financial institutions such as Islamic banking, which are primarily activities in the form of Third Party Funds and financing. The existence of financing disbursed by Islamic banking can provide capital assistance to business actors, so as to increase economic growth.

scholarly journals Tourism Sector in the Short-Run and Economic Growth in North Sumatra, Indonesia

2018 ◽  
Vol 7 (3.32) ◽  
pp. 43
Author(s):  
Parhimpunan Simatupang ◽  
. . ◽  
. .
Keyword(s):  
Economic Growth ◽  
Error Correction ◽  
Granger Causality ◽  
Granger Causality Test ◽  
Correction Method ◽  
Economic Benefits ◽  
Causality Test ◽  
Error Correction Method ◽  
Short Run ◽  
North Sumatra

In many developing countries, tourism is used as a main strategy to achieve greater economic performance. Increased income, both directly and as a result of the multiplier effects of tourism revenues, earnings of foreign exchange, new employment opportunities, access to foreign direct investment and economic diversification are the potential economic benefits of tourism. Statistics on international tourist arrivals in Indonesia showed an upward trend over the past few years and reached the highest number in 2014, recording almost 9.44 million arrivals. The province of North Sumatra is well known as a tourist destination, as well as an economic hub and commercial centre.  Indeed, the province was able to attract almost 28% (237,830) of tourist arrivals in 2014, an increase of 4.12 % from 2013. With such a tourist arrivals trend, the tourism sectors has significantly contributed to the economic development of North Sumatera.  This paper examined the role of tourism receipts in the short-run economic growth in North Sumatra through error correction method (ECM) from 1986-2014. Econometrics method were used, such as Augmented Dickey-Fuller (ADF) for unit root test, error correction method (ECM) for short run dynamics, and Granger causality test for causal relationships. The standard Granger causality test reveals that there is a unidirectional short-run Granger causality from tourism receipts to economic growth. This study provides evidence to support a tourism-led growth hypothesis in North Sumatra.  

scholarly journals Analysis the Effect of Household Consumption Expenditure, Investment and Labor to Economic Growth: A Case in Province of North Sumatra

2018 ◽  
Vol 28 (4) ◽  
pp. 45-54
Author(s):  
Richna Handriyani ◽  
M.M. Sahyar ◽  
M. Arwansyah
Keyword(s):  
Economic Growth ◽  
Interest Rate ◽  
Positive Impact ◽  
Secondary Data ◽  
Least Square Method ◽  
Household Consumption ◽  
Least Square ◽  
Domestic Investment ◽  
Department Of Labor ◽  
North Sumatra

Abstract This research is important because the commencement of the Asean Economic Community (MEA) has a positive impact that is spurring the growth of investment from within and outside the country, so that domestic investment has the potential to increase which will increase the number of employment for Indonesian workers especially in province of North Sumatera.This study aims to: identify the effect of household consumption on economic growth, identify the effect of investment on economic growth, identify the influence of Labor on economic growth, and identify the effect of interest rate on economic growth . The data used in this research were secondary data in 2006-2016 in Province of North Sumatera. Data obtained from various agencies, namely: Department of Labor and Transmigration, Central Statistics Agency of Province of North Sumatra, some other sources such as journals and relevant research results. Methods of analysis using Two Stage Least Square method (TSLS). The results of this study found that: Household consumption has a positive and significant effect to economic growth, Investment has positive and significant effect to economic growth, Labor has positive and significant impact to economic growth, and Interest rate has a negative and significant effect on economic growth.

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