scholarly journals Determinant Factors on Indonesia Economic Growth

2020 ◽  
Vol 3 (1) ◽  
pp. 252
Author(s):  
Revan Adityara
Keyword(s):  
Economic Growth ◽  
Capital Accumulation ◽  
Aggregate Demand ◽  
Least Square ◽  
Supply Side ◽  
Demand Side ◽  
Analysis Method ◽  
Ordinary Least Square ◽  
The Impact ◽  
Two Sides

Indonesia's economic growth has not been able to become an accelerator of efforts to overcome unemployment and poverty. Indonesia's economic growth is still too small even since 2011-2015 tends to experience a significant decline. Analysis of the factors that influence economic growth can be approached through two sides, namely from the supply side (supply-side economics) and the demand side (demand-side economics). This research was conducted with two approaches, namely from the supply side, by looking at the impact of capital accumulation. The data analysis method used in this research is multiple linear regression using the Ordinary Least Square (OLS) model, which was previously performed first using the classic assumption test to ensure that the model used meets normality assumptions and does not contain multicollinearity, heteroscedasticity, and serial correlation so meet the Best Linear Unbiase Estimate (BLUE) assumption.. This finding is in line with economic theory, both based on the aggregate supply side, and the aggregate demand side

scholarly journals ANALYSIS OF BASE AND COMPETITIVE COMMODITIES OF CROP SUBSECTOR AND ITS EFFECT ON GDRP GROWTH OF LANGKAT REGENCY

2021 ◽  
Vol 9 (2) ◽  
pp. 35
Author(s):  
Khalish Khairina ◽  
Mrs Fitrawaty
Keyword(s):  
Economic Growth ◽  
Supply And Demand ◽  
Least Square ◽  
Regression Result ◽  
Supply Side ◽  
Food Crops ◽  
Demand Side ◽  
Ordinary Least Square ◽  
Goods And Services ◽  
Positive Effect

Economic Growth is one of indicator which commonly used to observe economic development in a region. Conceptually, economic growth of a region is determined by sector values in producing goods and services. GDRP of Langkat regency is mostly dominated by agriculture, forestry and fisheries sector. Food security that Langkat Regency plan to be achieved really depends on food crops’ supply. However crops’ contribution is decreased every year. Therefore, it’s needed to examine which leading and highly competitive crops’ commodities. This study aimed to determine and analyze a base and competitive crops’ subsector and its effect on GDRP Langkat Regency. LQ was used to determine the base and non base commodities. While the analysis of RCA and MCI were used to see the commodities competitiveness. and to analyse its effect by using Ordinary Least Square. The type of data used was time series since 1996 to 2015 by using Eviews 7.0. Data was obtained from BPS Langkat Regency and Agriculture Department of Langkat Regency. The result of this study showed that paddy, corn, soybean and mungbean were base commodities of crops with average LQ > 1. This study also showed that paddy, corn, soybean and mungbean were highly competitive commodities with average RCA > 1. Average MCI each commodities is > 0,75 showed that commodities trade’s less spread (concentrated). Regression result showed that paddy  has positive effect on GDRP growth in supply side (prob RCA 0,0035 < 0,05). Corn also showed that has positive effect on GDRP growth in supply and demand side (prob RCA 0,0016 < 0,05 and MCI 0,0193 < 0,05). Soybean showed that has positive effect on GDRP growth in production supply (LQ 0,0032 < 0,05) and Mungbean also showed that has positive effect on GDRP growth in production supply (LQ 0,0001 < 0,05).

scholarly journals ANALYSIS OF BASE AND COMPETITIVE COMMODITIES OF CROP SUBSECTOR AND ITS EFFECT ON GDRP GROWTH OF LANGKAT REGENCY

2021 ◽  
Vol 9 (2) ◽  
Author(s):  
Khalish Khairina
Keyword(s):  
Economic Growth ◽  
Supply And Demand ◽  
Least Square ◽  
Regression Result ◽  
Supply Side ◽  
Food Crops ◽  
Demand Side ◽  
Ordinary Least Square ◽  
Goods And Services ◽  
Positive Effect

Economic Growth is one of indicator which commonly used to observe economic development in a region. Conceptually, economic growth of a region is determined by sector values in producing goods and services. GDRP of Langkat regency is mostly dominated by agriculture, forestry and fisheries sector. Food security that Langkat Regency plan to be achieved really depends on food crops’ supply. However crops’ contribution is decreased every year. Therefore, it’s needed to examine which leading and highly competitive crops’ commodities. This study aimed to determine and analyze a base and competitive crops’ subsector and its effect on GDRP Langkat Regency. LQ was used to determine the base and non base commodities. While the analysis of RCA and MCI were used to see the commodities competitiveness. and to analyse its effect by using Ordinary Least Square. The type of data used was time series since 1996 to 2015 by using Eviews 7.0. Data was obtained from BPS Langkat Regency and Agriculture Department of Langkat Regency. The result of this study showed that paddy, corn, soybean and mungbean were base commodities of crops with average LQ > 1. This study also showed that paddy, corn, soybean and mungbean were highly competitive commodities with average RCA > 1. Average MCI each commodities is > 0,75 showed that commodities trade’s less spread (concentrated). Regression result showed that paddy  has positive effect on GDRP growth in supply side (prob RCA 0,0035 < 0,05). Corn also showed that has positive effect on GDRP growth in supply and demand side (prob RCA 0,0016 < 0,05 and MCI 0,0193 < 0,05). Soybean showed that has positive effect on GDRP growth in production supply (LQ 0,0032 < 0,05) and Mungbean also showed that has positive effect on GDRP growth in production supply (LQ 0,0001 < 0,05).

scholarly journals Impacto das exportações de alta tecnologia no crescimento econômico: evidências empíricas do Paquistão

2017 ◽  
Vol 8 (1) ◽  
pp. 91 ◽  
Author(s):  
Muhammad Usman
Keyword(s):  
Economic Growth ◽  
World Bank ◽  
Time Span ◽  
Least Square ◽  
High Tech ◽  
Ordinary Least Square ◽  
Robust Standard Error ◽  
Long Run ◽  
Data Source ◽  
The Impact

The goal of this study is to explore the impact of high tech exports on economic growth of Pakistan. To examine this relationship, data are collected from World Bank database, State Bank of Pakistan data source and Statistical Bureau of Pakistan. Time span of study is consisting of 20 years from 1995 to 2014. By using ordinary least square (OLS) with robust standard error, results confirm that there is a positive and statistically significant impact of high tech exports on economic growth. Although Pakistan is an agriculture country and its economic growth is largely depend upon farming, but for long run economic growth, Pakistan has to increase its high tech exports.

scholarly journals Impact of Exchange Rate Management on the Nigerian Economic Growth: Empirical Validation

2019 ◽  
Vol 1 (2) ◽  
pp. 28-35
Author(s):  
Friday Osaru Ovenseri Ogbomo ◽  
Precious Imuwahen Ajoonu
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Inflation Rate ◽  
Government Expenditure ◽  
Least Square ◽  
Ordinary Least Square ◽  
Exchange Rate Management ◽  
Long Run ◽  
Short Run ◽  
The Impact

This paper examined the impact of Exchange Rate Management on economic growth in Nigeria between 1980 and 2015. The study was set to gauge how the management of exchange rate in Nigeria has impacted the economy. The study employed the Ordinary Least Square (OLS) method in its analysis. Co-integration and Error Correction Techniques were used to establish the Short-run and Long-run relationships between economic growth and other relevant economic indicators. The result revealed that exchange rate management proxy by various exchange rates regimes in Nigeria was not germane to economic growth. Rather, government expenditure, inflation rate, money supply and foreign direct investment significantly impact on economic growth in Nigeria. It is against this backdrop that the Nigerian economy must diversify her export base to create room for more inflow of foreign exchange.  

scholarly journals The Impact of Real Exchange Rate Undervaluation on Economic Growth: Evidence from Panel Cointegration Approach

2020 ◽  
Author(s):  
Mehdi Seraj ◽  
Cagay Coskuner ◽  
Seyi Saint Akadiri ◽  
Negar Bahadori
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Real Exchange Rate ◽  
Developing Economies ◽  
Panel Cointegration ◽  
Least Square ◽  
Ordinary Least Square ◽  
Developed Economies ◽  
Periodic Data ◽  
The Impact

Abstract This study revisited Dani Rodrik (2008) work on real exchange rate undervaluation and economic growth by using the Fully Modified Ordinary Least Square (FMOLS) and Dynamic Ordinary Least Square (DOLS). This research, to the best of authors' knowledge, is the first to use FMOLS and DOLS approach to empirically evaluate Rodrik work on the real exchange rate and economic growth using a Panel periodic data (six sets of five years) of 82 countries throughout 1990 to 2018. We used the Balassa Samuelson method to estimate the predicted real exchange rate and real exchange rate undervaluation. Finally, the study is in support of Rodrik conclusion that, real exchange undervaluation has a significant impact on the economic growth of the developing economies and statistically insignificant in the developed economies.

scholarly journals Impact of Trade Openness and Human Capital on Economic Growth: A Comparative Investigation of Asian Countries

2020 ◽  
Vol 12 (7) ◽  
pp. 2930 ◽  
Author(s):  
Rabail Amna Intisar ◽  
Muhammad Rizwan Yaseen ◽  
Rakhshanda Kousar ◽  
Muhammad Usman ◽  
Muhammad Sohail Amjad Makhdum
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Negative Impact ◽  
Trade Openness ◽  
Least Square ◽  
Ordinary Least Square ◽  
Southern Asia ◽  
Long Run ◽  
Western Asia ◽  
The Impact

The aim of this study is to analyze the impact of trade openness and human capital on economic growth in 19 Asian countries from 1985 to 2017. We selected two geographically distributed regions (Western and Southern Asia) based on difference in their GDP per capita. We applied the unit root tests to examine the level of stationarity and found that all variables were integrated at first difference. Kao and Fisher cointegration tests were employed and the results revealed the presence of a long-run relationship. We applied fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models to check the magnitude of the long-run coefficients among trade openness, human capital and economic growth. To investigate the direction of causality, we used a Dumitrescu and Hurlin (DH) causality test. The results indicated that trade openness and human capital have a significant and positive relationship while labor force participation has a negative effect on economic growth in Southern Asia, and in the case of Western Asia, the impact is positive. Foreign direct investment (FDI) has a negative and significant impact on GDP per capita (GDPPC) in Western Asia while it is positive and significant in Southern Asia; Total population (TPOP) has a negative impact on GDPPC in both regions. Furthermore, human capital has a positive and significant impact on trade openness in both panels. Meanwhile, labor force participation (LFP) has a positive and significant impact on trade openness in Southern Asia and a negative impact in the case of Western Asia. Trade openness and economic growth have bidirectional causality in Western Asia and unidirectional causality in Southern Asia. It also shows that human capital and economic growth have unidirectional causality in both regions.

scholarly journals Trade openness and economic growth: empirical evidence from Pakistan

2017 ◽  
Vol 4 (1) ◽  
pp. 1-3
Author(s):  
Waqas Ahmad ◽  
Sadia Mir ◽  
Maria Siddique ◽  
Hafiz Ur Rehman
Keyword(s):  
Economic Growth ◽  
Empirical Evidence ◽  
Empirical Studies ◽  
Aggregate Demand ◽  
Trade Openness ◽  
Output Growth ◽  
Least Square ◽  
Ordinary Least Square ◽  
Model Sample ◽  
Data Period

This study examines the effects of increasing trade openness on Pakistan’s economic growth. A four variable macro model based on the textbook type familiar aggregate demand – aggregate supply framework is specified. And a simple ordinary least square (OLS) technique is used for the estimation. For Pakistan, shocks to trade openness have negative (but insignificant) effects on output growth. The significance of the results depends on the specification of the model, sample size and the length of the data period. The results seem to be consistent with the findings of some empirical studies in which a country may suffer a loss due to increase openness of an economy.

scholarly journals Impact of Agricultural Financing on Nigeria Economy

2019 ◽  
pp. 1-13 ◽  
Author(s):  
Ayodele E. Ademola
Keyword(s):  
Economic Growth ◽  
Financial Institutions ◽  
Productivity Growth ◽  
Agricultural Sector ◽  
Secondary Data ◽  
Least Square ◽  
Macroeconomic Policies ◽  
Agricultural Finance ◽  
Ordinary Least Square ◽  
The Impact

The importance of agricultural surplus for the structural transformation accompanying economic growth is often addressed by development economists. In view of this, the study empirically assesses the impact of agricultural finance on the growth of Nigerian economy. This paper employed secondary data and econometric techniques of Ordinary Least Square (OLS) of multiple regression estimates. The result of the model used suggests that the productivity of investment will be more appropriately financed with resources administered by the commercial and specialized financial institutions. And also, that there are an urgent and sincere needs to expand the credit size to the agricultural sector in order to enhance the productivity growth of the sector. It is recommended that maintenance of credible macroeconomic policies that is pro-investment in overhauling the Agricultural Sector and debt-equity swap option are necessary for an agricultural-led economic growth.

scholarly journals THE EFFECT OF MANAGERIAL OVERCONFIDENCE ON CORPORATE INVESTMENT

2020 ◽  
Vol 10 (1) ◽  
pp. 49
Author(s):  
Mochamad Ali Fudin Al Islami ◽  
Muhammad Madyan
Keyword(s):  
Maximum Likelihood ◽  
Positive Impact ◽  
Stock Exchange ◽  
Likelihood Estimation ◽  
Corporate Investment ◽  
Least Square ◽  
Analysis Method ◽  
Ordinary Least Square ◽  
Managerial Overconfidence ◽  
The Impact

The research aims to analyze the impact of managerial overconfidence on corporate investment (investment scale, overinvestment and underinvestment) using companies listed in Indonesia’s Stock Exchange in 2012-2018 as a sample. The analysis method used Ordinary Least Square and robustness test used Maximum Likelihood  Estimation. The result shows that managerial overconfidence has a significantly positive impact on the corporate investment scale. It means that managerial overconfidence makes overinvestment problem more severe (more inefficient) and underinvestment problem less severe (more efficient).

scholarly journals Impact of Direct and Indirect Tax on the Nigerian Economic Growth

2017 ◽  
Vol 8 (3) ◽  
pp. 215 ◽  
Author(s):  
Oyebisi Mary Ogundana ◽  
Oyedele Mary Ogundana ◽  
Oyeyemi Mercy Ogundana ◽  
Ayodotun Stephen Ibidunni ◽  
Adebola Adetoyinbo
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Least Square ◽  
Annual Reports ◽  
Secondary Source ◽  
Tax System ◽  
Ordinary Least Square ◽  
Least Square Regression ◽  
Ordinary Least Square Regression ◽  
The Impact

This research examined the direct and indirect impact of taxation on the Nigerian economic growth. This research centered on two major objectives by focusing on the trend of direct and indirect tax and the impact of the Nigerian tax system on the growth of the economy.  The research adopted the descriptive research design.  The secondary source of data was also engaged as this data was from CBN statistical bulletin and the annual reports from 1994-2013. The research also used the ordinary least square regression technique. With the use of E-views 7.1 to analyze the data, the first objective was achieved by using graphical analysis while the second objective used ordinary least square regression analysis. The results reveal that the direct and indirect tax have a positive impact on the economy of Nigeria. Therefore, it is recommended that government should take advantage of taxation and promote tax system in Nigeria.

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