scholarly journals The Effect of Investment and Consumption on Economic Growth

2021 ◽  
Vol 2 (2) ◽  
pp. 42-49
Author(s):  
Ather Aldin ◽  
Monjeed Alneil
Keyword(s):  
Economic Growth ◽  
Quantitative Methods ◽  
Historical Documents ◽  
Public Infrastructure ◽  
Economic Activities ◽  
Substantial Impact ◽  
Variable Level ◽  
Independent Variable ◽  
The Government ◽  
Secondary Information

The purpose of this research is to establish whether or not there is a relationship between investment and consumption levels and economic growth. This study employs quantitative methods, and the data is processed in accordance with the requirements of the model being utilized. Multiple linear regression is the method used in the data processing. The information utilized is secondary information derived from historical documents or reports that have been published or are in the process of being published. The findings revealed that the investment variable had a positive and statistically significant impact on economic growth. Conclusions While the variable level of consumption has a positive and substantial impact on economic development, the level of consumption is not constant. According to the results of the regression, the value of R-Squared (R2) is 0.726. Thus, the independent variable can explain 85.2 percent of the variance in economic growth, with the remaining 0.15 percent explained by factors outside the model, as shown in Figure 1. It is proposed to the government that it raise the proportion of development expenditures, with the expectation that these expenditures would be used toward improving development and public infrastructure in order to promote the smooth operation of economic activities

scholarly journals Factors Affecting Poverty on the Island of Sumatera

2021 ◽  
Vol 04 (12) ◽  
Author(s):  
Patria Nagara ◽  
Keyword(s):  
Income Distribution ◽  
Ordinary Least Squares ◽  
Multiple Regression Equation ◽  
Development Programs ◽  
Economic Activities ◽  
Poverty Level ◽  
Factors Affecting ◽  
Poverty And Inequality ◽  
Independent Variable ◽  
The Government

Poverty is a problem faced by many developing countries in general. Poverty is a reflection of the economic activities carried out by a country. The poverty level of a country shows that the development programs implemented by the government are not optimal. This study was conducted to analyze the determinants of poverty in 10 provinces on the island of Sumatra from 2006-2019. Multiple regression equation models were built for this research using the Ordinary Least Squares (OLS) method with the e-views 8 tool. The results show that simultaneously, the independent variable has a significant effect on poverty and partially one variable that does not significantly affect poverty, namely unemployment. An increase in education (literacy rate) and infrastructure (road length) leads to an increase in poverty and inequality in income distribution (the Gini Index), resulting in a decrease in poverty. It is hoped that future researchers will use education, infrastructure, and income distribution variables with different proxies.

scholarly journals A Study Examining the Effects of Oil Export in Iran

2011 ◽  
Vol 2 (2) ◽  
pp. 58-65
Author(s):  
Safdari Mehdi
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Economic Prosperity ◽  
Economic Activities ◽  
Correction Model ◽  
Oil Exports ◽  
Oil Export ◽  
The Government ◽  
And Behavior ◽  
The Relationship

The effect of increasing oil incomes on oil exporter countries is the main issues of political economy. Generally and especially about Iran can be recognized this effect in the government spending method, economic structure and behavior of government within the country. Since oil incomes aren’t result of the performance of economic activities, consequently increasing does not show the real economic prosperity. The purpose of this study is to determine the relationship between oil exports and economic growth in Iran. The data were collected from 1961-2006 and were analyzed using Cointegration, Error Correction Model, and VEC Granger causality/Wald Exogeniety model. The result of the analyses showed that there was significant relationship between oil incomes and economic growth. It showed that increasing in oil price rate lead to increasing in the government costs consequently it affect on the exchange rate and lead to increasing in real exchange rate. Therefore oil incomes are regarded as an important factor in Iran's economic growth.

scholarly journals Sustainable Local Economic Development in Tanzania: Exploring Economic Challenges in Growing the Economy

2021 ◽  
Vol 11 (2) ◽  
Author(s):  
Kaihula P. Bishagazi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development ◽  
Local Development ◽  
Economic Policies ◽  
Economic Activities ◽  
Top Down ◽  
Growth Center ◽  
The Government

The failure of macro-economic policies to deliver meaningful reductions in poverty and achieve basic needs in Tanzania has provoked a deep questioning of the relevance of economic growth center policies in Local Economic Development (LED). The government and development partners are increasingly shifting from the traditional top down approaches to the all-inclusive bottom up approaches for effective local development. The concept of sustainable Local Economic Development is thus examined in the context of economic activities and challenges using a case study of Shinyanga region in Tanzania. 

scholarly journals An Analysis of Economic Performance on Community Welfare

2020 ◽  
Author(s):  
Ka’arieni Yuyun ◽  
Meilida . ◽  
Alexandra Hukom
Keyword(s):  
Economic Growth ◽  
Unemployment Rate ◽  
Economic Performance ◽  
Human Development Index ◽  
Quantitative Method ◽  
Regional Economy ◽  
Poverty Level ◽  
Central Kalimantan ◽  
Independent Variable ◽  
The Government

One of the ways in which the government in Central Kalimantan Province moves the regional economy is to develop an expansionary region which is expected to be able to further improve the economy of the community with the potential to support the pace of economic growth in the region for the welfare of its people. The aim of this study was to analyze The Economic Performance of Community Welfare in the Development District of Central Kalimantan in 2010-2017. This study uses a quantitative method and panel data. Proxy Economic Performance is a variable of Economic Growth, Unemployment Rate and Poverty Level as an independent variable, Community Welfare is proxied to be the Human Development Index as the dependent variable. The results of the study show that partially Economic Growth and Unemployment Rate do not significantly influence Community Welfare while the Poverty Level affects the Welfare of the Community. Simultaneously Economic Growth, Unemployment Rate,and Poverty Level have a significant effect on communityWelfare.   Keywords: Economic Performance; Economic Growth; Unemployment Rate; Poverty Level; Community Welfare  

scholarly journals Realization and Contribution Sukuk Retail, Savings, and Retail's Waqf During The 2020 Covid-19 Pandemic

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Moh Agus Nugroho ◽  
Rika Febby Rhamadhani ◽  
Fathul Khair
Keyword(s):  
Economic Growth ◽  
Economic Recovery ◽  
Social Activities ◽  
Infrastructure Development ◽  
Economic Decline ◽  
Economic Activities ◽  
The Poor ◽  
The Government

Covid-19 entered Indonesia around March 2020, having an impact on economic growth. Indonesia during 2020 minus 2.07 percent of its economy. This economic decline was caused by Covid-19 which had an impact on the economic activities of residents. Throughout 2020 the government issued 4 series of Sukuk, retail Sukuk SR0012 and SR013, savings Sukuk series ST007 and finally retail Sukuk waqf SWR001. The purchase realization of SR012 was IDR 12,142 trillion, and SR013 was IDR 25,667 trillion. Then ST007, the funds that were collected were Rp. 5.18 trillion and the retail Sukuk waqf series SWR001 as much as Rp. 14.91 billion. Despite the minus economy, the Sukuk is still in demand by the Indonesian people. For own contribution, retail Sukuk funds are used for infrastructure development such as bridges, Hajj boarding buildings, construction of railroads, and others. Meanwhile, savings Sukuk are allocated for economic recovery and eligible green projects. Finally, retail waqf Sukuk is used for financing social activities and empowering people, such as the construction of an eye hospital for the poor and others.

scholarly journals Analisis Dampak Positif terhadap Kesejahteraan dan Pertumbuhan Ekonomi dalam Penerapan Konsep Desa Wisata di Desa Batulayang, Kabupaten Bogor

2020 ◽  
Vol 2 (1) ◽  
pp. 9-19
Author(s):  
Yudhiet Fajar Dewantara ◽  
Prayogo Susanto
Keyword(s):  
Economic Growth ◽  
Quantitative Methods ◽  
Positive Impact ◽  
Infrastructure Development ◽  
West Java ◽  
Local Residents ◽  
Employment Generation ◽  
Tourist Village ◽  
The Government ◽  
The Village

In 2013 village Batulayang subdistrick Cisarua, distric Bogor West Java into tourist village because dates from outbound managed by the local people. The purpose of this research objectives is to determine the positive impact on welfare and economic growth with the application of the concept of tourist village in the village Batulayang, Bogor Districts, West Java. Research methods that were used to the research is the quantitative methods with Cartesian used diagrams of evidence. In this research researchers uses a questionnaire that will be distributed to resident of the village of Batulayang. The result and the discussion in a quadrant I namely foreign exchange earnings having a high priority because if there are guests foreign tourists and experienced a lack of financial in rupiah, so foreign tourists can use the currencies of his country in cash and bank which is to use. In a quadrat II to, government revenues employment generation, and development of local economies in dimension which means the means the means to uphold are very important. In a quadrant III, no in other words no effect on economic growth. On quadrant IV infrastructure development in a quadrant is considered less important because tourists be preoccupied with activities in the village and the tourist will use smartphone, before going to sleep but to signal and electricity are adequate. The conclusions researchers is tourist village very helpful for the economy residents and can grow economy. As a suggestion the government can cooperate with Batulayang village and private sector to create artificial attraction in Batulayang village to build marketing in the village and increase a vacancy for local residents.

scholarly journals Pengaruh Infrastruktur terhadap Pertumbuhan Ekonomi di Provinsi Jawa Tengah

2020 ◽  
Vol 5 (02) ◽  
pp. 169-179
Author(s):  
Saadatul Kamilla ◽  
Dinar Melani Hutajulu
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Multiple Linear Regression Model ◽  
Secondary Data ◽  
Series Data ◽  
Economic Activities ◽  
The Road ◽  
Central Java ◽  
Independent Variable ◽  
Basic Infrastructure

ABSTRACT One of the most important aspects in economic development is infrastructure. Adequate and equitable infrastructure in all regions of a country will facilitate economic performer in accessing and carrying out economic activities. A good economic activities will create economic growth. The main purpose of this research is to know the effect of infrastructure on economic growth. The study was conducted in Central Java province using secondary data from 2006-2018. The independent variable of this study is the basic infrastructure including roads, electricity and water. While the dependent variable is the GRDP. The model used is multiple linear regression model using time series data. The results of this study indicate that the road infrastructure variable is significant to  influence on economic growth. The variable infrastructure of electricity shows significant results and have a positive effect on economic growth. Variable infrastructure of water shows the results are insignificant on economic growth. Keywords: economic growth, road, electricity, water

Introduction

2019 ◽  
pp. 1-16
Author(s):  
William G. Gale
Keyword(s):  
Economic Growth ◽  
The United States ◽  
Living Standards ◽  
Future Generations ◽  
Public Infrastructure ◽  
The Future ◽  
Fiscal Balance ◽  
The Government ◽  
Economic Future ◽  
The U.S

Even as the U.S. economy hums along, problems loom in the future. Government debt is growing along an unsustainable path, potentially mortgaging the country’s economic future. At the same time, after several decades of stagnating wages and living standards for much of the population, the nation faces increasing needs to invest in education and healthcare, and to bolster public infrastructure and research. How can the United States meet both today’s needs and tomorrow’s obligations? This book offers solutions resting on five guideposts. First, facts and evidence should play a key role in policy analysis and choices . Second, public policy should reflect our values as a people, including freedom, fairness, opportunity, and individual and social responsibility—toward one another, between rich and poor, and from generation to generation. Third, both the private sector and the government can—and must—be part of the solution to our problems. Fourth, taxes and spending are inextricably linked, and policymakers should consider them together. Fifth, we should focus on realistic solutions. The proposals offered here have three core themes: control entitlement spending; invest in the future; and raise and reform taxes. Taken together, the proposals would restore fiscal balance, boost economic growth, reduce economic inequality, improve economic mobility, and raise living standards for future generations.

scholarly journals DIVERSIFICATION OF RURAL ECONOMICS IN SABAH: PATTERNS AND DETERMINANTS OF CHANGE

2020 ◽  
Vol 6 (2) ◽  
pp. 144
Author(s):  
Ubong Imang
Keyword(s):  
Economic Growth ◽  
Rural Areas ◽  
Rural Population ◽  
Secondary Data ◽  
External Support ◽  
Economic Activities ◽  
Economic Sectors ◽  
Economic Diversification ◽  
The Government ◽  
The Village

Economic diversification is fundamental in driving economic growth in rural areas. Encouragement of and stimulus for the economic diversification in the rural areas allow for the generation of opportunities and new economic chains. Apart from that it will assist in the diversification of the sources of income for the rural population. In Malaysia, apart from emphasising on development policies, economic diversification began to take place in rural areas through positive developments in the economic sectors other than rural agriculture such as tourism as well as small and medium industries. The importance of leveraging on the opportunities and available space has created a need to examine the pattern and defining factors of economic diversity that is taking place in rural areas. The discussion in this article pays attention to the diversification of the economy that is taking place in the rural areas in Sabah by selecting the village of Tambatuon as a study area. In addition to the secondary data, the data is also obtained through observations, involvement in the newly created economic activities and interviews with the village heads and members of the Village Community Management Council (MPKK). The results of the study confirm that economic diversification in rural areas is in place. Most of the new economic activities exist based on the initiative of the villagers who receive support from the Government and non-governmental organisations. Nevertheless, the study also shows that the ongoing economic diversification process is still limited to the horizontal level. Hence, there is considerable potential for economic diversification that can be further expanded to enhance the competitiveness of the rural population in general. In this context, rural residents should be creative by using available local resources from the surroundings to broaden the process of economic diversification. Assistance and external support, especially from the Government, is significant in providing an environment that can stimulate economic growth to ensure that the process of diversifying the economy continues to flourish and becomes sustainable. 

scholarly journals PENGEMBANGAN EKOWISATA DI KAWASAN WADUK KEULILING KECAMATAN KUTA COT GLIE KABUPATEN ACEH BESAR

2020 ◽  
Vol 3 (2) ◽  
pp. 138-147
Author(s):  
Maulidan Mahmud ◽  
Ashfa Achmad ◽  
Azmeri Azmeri
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Quantitative Methods ◽  
Descriptive Analysis ◽  
Group Discussion ◽  
Linear Regression Analysis ◽  
Total Sample ◽  
Reservoir Area ◽  
Local Economic Growth ◽  
The Government

The management of the Keuliling Reservoir area as a tourist attraction is still lacking the attention of the government so that it affects the decline in the quality of reservoir facilities and infrastructures such as parking areas, mushallas, bathrooms, gazebos, view towers, and children's pools. This study aims to model the factors of ecotourism development in reservoir areas against local economic growth, and to find ecotourism development strategies in reservoir areas. This research uses qualitative methods through observation and interviews, and quantitative methods through distributing questionnaires. Respondents in this study aimed at residents of Bak Sukon Village, with a total sample of 87 people. The statistical method used is descriptive analysis and multiple linear regression analysis using statistical software. The formulation of an ecotourism development strategy is carried out through a Focus Group Discussion (FGD), which consists of ten academics, community leaders, the private sector, and the community. The results showed that the model of ecotourism development factors in the Keuliling Reservoir area that influenced local economic growth in Bak Sukon Village were explanatory factors, improved facilities, ecotourism attractions, ecotourism access, ecotourism facilities, and service factors, with a regression model Y = 0.187X1 + 0,223X2 + 0,303X3 + 0,310X4 + 0,182X5 + 0,173X6. The strategy for developing ecotourism in the Keuliling Reservoir area is zoning, making local government policies, establishing an ecotourism management body, implementing ecotourism development, engaging community participation, and evaluating ecotourism area management activities.

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