scholarly journals The impact of Investment, Government Consumption and Education on Economic Growth in North Sumatra

2019 ◽  
Author(s):  
Abdiyanto
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Quantitative Data ◽  
Government Expenditure ◽  
Coefficient Of Determination ◽  
Government Consumption ◽  
Quantitative Data Analysis ◽  
The Impact ◽  
North Sumatra ◽  
Data Analysis Result

The present study aims to analyze the investment, government consumption and education simultaneously and partially towards economic growth in North Sumatra. The data were collected in 2007 up to 2017 with quantitative data analysis using multiple linear regression. The findings of this study indicate that the investment has a positive and significant effect on economic growth in North Sumatra. The result of the data analysis shows that government consumption has a positive and significant effect on economic growth in North Sumatra. The data analysis result shows that education has a positive and insignificant influence on economic growth in North Sumatra. The findings simultaneously indicate that investment, government and education consumption have a significant effect on the economic growth in North Sumatra. Based on the coefficient of determination, 54.8% of economic growth variable is influenced by investment, government expenditure and education, while 45.2% is influenced by variables which exclude this study.

scholarly journals PENGARUH BIAYA PRODUKSI TERHADAP HARGA JUAL KOPI ARABIKA FLORES (STUDI KASUS PADA PT. PAPA TAKI DI FLORES BAJAWA)

2019 ◽  
Vol 16 (4) ◽  
pp. 559-568
Author(s):  
Muh. Indra Fauzi Ilyas
Keyword(s):  
Regression Analysis ◽  
Data Analysis ◽  
Quantitative Data ◽  
Production Costs ◽  
Coefficient Of Determination ◽  
Selling Price ◽  
Arabica Coffee ◽  
Quantitative Data Analysis ◽  
Simple Regression Analysis ◽  
Simple Regression

 The purpose of this study was to determine the extent of the effect of production costs on the selling price of Flores Arabica coffee. In this study the data analysis used is quantitative data analysis, using calculations that are with simple regression analysis and coefficient of determination analysis. From the results of the regression analysis obtained production costs significantly influence the selling price. It is better in recording and calculating the production costs must be considered and calculated in detail because the costs have a very large influence in determining the selling price.

THE IMPACT OF MANPOWER EDUCATION AND GOVERNMENT EXPENDITURE ON EDUCATION SECTOR ON ECONOMIC GROWTH OF LABUHANBATU REGENCY

2021 ◽  
Vol 9 (2) ◽  
Author(s):  
Zulpan Akhir Ritonga
Keyword(s):  
Economic Growth ◽  
High School ◽  
Data Analysis ◽  
Human Development ◽  
Government Spending ◽  
Human Development Index ◽  
Government Expenditure ◽  
Education Sector ◽  
The Impact ◽  
College Educated

This study is based on the fact that education contributes greatly to economic growth through the improvement of knowledge, skills, attitudes and productivity, so that education is expected to produce quality workforce. This study aims to determine how the impact of education level achieved by the workforce. The level of education achieved by the workforce is distinguished between primary, secondary, and tertiary education. It also aims to find out how the impact of government spending on government education sector on economic growth in Labuhanbatu District during the period of 2002-2015. Data analysis method used in this research is descriptive method, completed by analysis with econometric data analysis with multiple regression model based on production function Y = f (K, L). Regression analysis was performed using Ordinary Least Square (OLS) method. The model used is the model of endogenous economic growth (new growth model). This study uses secondary data obtained from the publication of survey results related to the Statistic Indonesia with time series 2002-2015. Data analysis using multiple linear regression with the help of statistical test of E-view 6.0 application program. The results of this study indicate that all the independent variables have a positive and significant impact on economic growth in Labuhanbatu regency. Estimation results for economic growth obtained R2 of 0.994414. This means that as much as 99.4414 percent of economic growth variables can be explained by the variables of primary school educated workers, high school educated workers, college educated labor, human development index, and government spending in the education sector while the remaining 0, 5586 percent is explained by other variables outside the model. In the end, the variables of elementary school educated labor, high school educated labor, college educated labor, human development index, and government expenditure in the education sector are expected to increase economic activity in order to achieve economic growth and improve the welfare of the community.

scholarly journals THE IMPACT OF MANPOWER EDUCATION AND GOVERNMENT EXPENDITURE ON EDUCATION SECTOR ON ECONOMIC GROWTH OF LABUHANBATU REGENCY

2021 ◽  
Vol 9 (2) ◽  
pp. 66
Author(s):  
Zulpan Akhir Ritonga ◽  
Imam Mukhlis
Keyword(s):  
Economic Growth ◽  
High School ◽  
Data Analysis ◽  
Human Development ◽  
Government Spending ◽  
Human Development Index ◽  
Government Expenditure ◽  
Education Sector ◽  
The Impact ◽  
College Educated

This study is based on the fact that education contributes greatly to economic growth through the improvement of knowledge, skills, attitudes and productivity, so that education is expected to produce quality workforce. This study aims to determine how the impact of education level achieved by the workforce. The level of education achieved by the workforce is distinguished between primary, secondary, and tertiary education. It also aims to find out how the impact of government spending on government education sector on economic growth in Labuhanbatu District during the period of 2002-2015. Data analysis method used in this research is descriptive method, completed by analysis with econometric data analysis with multiple regression model based on production function Y = f (K, L). Regression analysis was performed using Ordinary Least Square (OLS) method. The model used is the model of endogenous economic growth (new growth model). This study uses secondary data obtained from the publication of survey results related to the Statistic Indonesia with time series 2002-2015. Data analysis using multiple linear regression with the help of statistical test of E-view 6.0 application program. The results of this study indicate that all the independent variables have a positive and significant impact on economic growth in Labuhanbatu regency. Estimation results for economic growth obtained R2 of 0.994414. This means that as much as 99.4414 percent of economic growth variables can be explained by the variables of primary school educated workers, high school educated workers, college educated labor, human development index, and government spending in the education sector while the remaining 0, 5586 percent is explained by other variables outside the model. In the end, the variables of elementary school educated labor, high school educated labor, college educated labor, human development index, and government expenditure in the education sector are expected to increase economic activity in order to achieve economic growth and improve the welfare of the community.

scholarly journals Analysis of the Influence of Economic Growth, Government Expenditure and Investment on the Poverty in North Sumatra Province

2021 ◽  
Vol 8 (5) ◽  
pp. 238-248
Author(s):  
Marita . ◽  
Weni Hawariyuni ◽  
Irsad Lubis
Keyword(s):  
Economic Growth ◽  
Government Expenditure ◽  
Secondary Data ◽  
Poverty Rate ◽  
Coefficient Of Determination ◽  
Cluster Sampling ◽  
Poverty Level ◽  
Ex Post ◽  
The Government ◽  
North Sumatra

Poverty is one of the problems that become the center of attention in any country including Indonesia, especially North Sumatra Province. In poverty alleviation, the government is required to supervise supporting policies that can alleviate the poverty level. Factors that can alleviate poverty are economic growth, government expenditure, and investments made. The purpose of this study is to find out and analyze the influence of economic growth, government expenditure, and investment on poverty levels in North Sumatra Province. This type of research is ex post facto and associative. The type of data used is quantitative in the form of secondary data. The population of this study is variable data in districts/cities in North Sumatra Province, namely as many as 33 districts/cities during 2014-2018 and sample withdrawal used is cluster sampling so that the sample as many as 165 observations. The data analysis method used is to use multiple linear regressions using Eviews10.0 software. The results showed economic growth, government expenditure and simultaneous investment negatively and significantly affected the poverty rate in North Sumatra Province with a coefficient of determination (R2) of 0.9938 or 99.38%. Partial economic growth has a negative and significant effect on the poverty rate in North Sumatra Province while government expenditure and investment have an insignificant negative effect on poverty in North Sumatra Province. Keywords: Economic Growth, Government Expenditure, Investment, Poverty Level.

Impact of Health and Agriculture Financing on Economic Growth in Nigeria

2021 ◽  
Vol 7 (18) ◽  
pp. 37-58
Author(s):  
Rasaki Olufemi KAREEM ◽  
◽  
Olawale LATEEF ◽  
Muideen Adejare ISIAKA ◽  
Kamilu RAHEEM ◽  
...  
Keyword(s):  
Economic Growth ◽  
Federal Government ◽  
Causal Relationship ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Health Sector ◽  
Series Data ◽  
The Impact

The study focused on the impact of health and agriculture financing on economic growth in Nigeria from 1981 to 2019. The study utilized the time series data which was extracted from Central Bank of Nigeria annual statistical bulletin. Unit Root test was performed with the use of Augmented Dickey-Fuller test in order to ascertain the stationarity of all the variables and they were all found to be stationary at order 1 in the two specified models (composite and disaggregated). Error Correction Model (ECM) was used to analyze the data in order to determine the speed of adjustment from the short run to the long run equilibrium state. Casualty test was used to confirm causal relationship among the variables of interests. The study revealed that Federal Government expenditure in Health sector has a significant effect on economic growth in Nigeria. Federal Government expenditure in Agricultural sector equally had a positive effect on economic growth but surprisingly not significant. Considering the disaggregated form, Federal Government capital expenditure in both Health and Agricultural sectors have positive and statistically significant effect on economic growth while Federal Government recurrent expenditure on health has a positive and statistically insignificant effect in economic. It was also revealed that there is causal relationship among the variables. Based on the findings, the study concluded that Federal Government Expenditure in Health Sectors and Agriculture Sectors have effect on economic growth in Nigeria.

scholarly journals Government Expenditure and Economic Growth Nexus: Evidence from Nigeria

2016 ◽  
Vol 5 (4) ◽  
pp. 56
Author(s):  
Oyediran, Leye Sherifdeen ◽  
Sanni, Ibrahim ◽  
Adedoyin, Lukman ◽  
Oyewole Olabode Michael
Keyword(s):  
Economic Growth ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Least Square ◽  
National Bureau ◽  
Fiscal Discipline ◽  
Secondary Sources ◽  
Economic Development And Growth ◽  
The Government ◽  
The Impact

The need to better the lots of citizens through government expenditure has raised questions on the impact of government expenditure on the economic development and growth of nations. It is against this background that this paper examined the antecedent effect of government spending on the Nigerian economic growth. The general objective of the study is to ascertain the relationship between government expenditure and economic growth in Nigeria; specifically, the study examined: (i) the significance influence of government capital expenditure on economic growth in Nigeria and (ii) the significance influence of government recurrent expenditure on economic growth in Nigeria. The study employed ordinary least square (OLS) multiple regression analysis in estimating the specified model, with the Gross Domestic Product (GDP) as the dependent variable, while Capital Expenditure (CAPEXP) and Recurrent Expenditure (REXP) are the independent variables. Data between 1980 – 2013 were collected from secondary sources through the National Bureau of Statistics (NBS) and Central Bank of Nigeria (CBN). Results showed that in Nigeria, there exist a significant relationship between the government expenditure and economic growth. The study therefore recommends instilling fiscal discipline in government expenditures, and putting in place structural mechanisms to act as surveillance on capital spending so as to boost the nation’s human and social capital.

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.  

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