scholarly journals Analysis of the Effect of Investment, Labor Force and Infrastructure on Economic Growth in North Sumatra Province

2021 ◽  
Vol 8 (10) ◽  
pp. 184-195
Author(s):  
Taufik Akbar ◽  
Tarmizi . ◽  
Syafii .
Keyword(s):  
Economic Growth ◽  
Labor Force ◽  
Foreign Investment ◽  
Labour Force ◽  
Secondary Data ◽  
Least Square ◽  
Infrastructure Development ◽  
Domestic Investment ◽  
Value Realization ◽  
North Sumatra

A significant amount of value investment can absorb much labor and increase public consumption to become productive. Infrastructure development is believed to facilitate the mobility of goods and people from one area to another to accelerate and streamline the economic process. The purposes of this study were to analyze the effects of the value realization of Domestic Investment, the value realization of Foreign Investment, the labor force, and infrastructure partially and simultaneously on the economic growth of North SumatraProvince. The data in this study is secondary data sources on the Statistics Indonesia (BPS) report of Province SumatraUtara, particularly the data from 1990-2019. The data examined included Gross Domestic Regional Product, Value Realization of Domestic Investment, Foreign Investment, Labour Force, and road infrastructure. The data collection method used is the method of documentation. The model used is the Ordinary Least Square (OLS) model, which is analyzed by multiple regression. The results showed that, partially, there were positive and significant effects on the value realization of Domestic Investment, labor force, and infrastructure. Meanwhile, Foreign Investment showed a positive effect but not significant. Simultaneously, the realization of Domestic Investment, the realization of Foreign Investment, the labor force, and infrastructure were positive and significant on the economic growth of North Sumatra Province at the level of α = 5%. Keywords: value realization of domestic investment, foreign investment, labor force, infrastructure.

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.

scholarly journals THE EFFECT OF HEALTH INFRASTRUCTURE DEVELOPMENT, EDUCATION, AND THE NUMBER OF POPULATIONS ON ECONOMIC GROWTH IN NORTH SUMATERA PROVINCE

2020 ◽  
Vol 8 (2) ◽  
Author(s):  
Mariyatul Kubtiyah Ritonga
Keyword(s):  
Economic Growth ◽  
Secondary Data ◽  
Least Square ◽  
Infrastructure Development ◽  
Linear Regression Models ◽  
Development Education ◽  
Ordinary Least Square ◽  
Health Infrastructure ◽  
North Sumatra ◽  
Positive Effect

Economic Growth in North Sumatera priod 2000 until 2012 shows the condition that increases continuously, but the increase did not have an impact on education, health. This study aimed to analyze the influence of the health infrastructure, education infrastructure and population to economic growth in the province of North Sumatra simultaneously and partially. The data used are secondary data from BPS in North Sumatra time series from 2000 till 2012. Data analysis was performed by using OLS (Ordinary Least Square) with a multiple linear regression models estimated with the help of the program Eviews 7. The results of this study showed that simultaneous variable health infrastructure, education infrastructure and population have a significant effect on economic growth in the province North Sumatra. While partially concluded that variable infrastructure and population health positive and significant effect; educational infrastructure but not significant positive effect on economic growth in the province of North Sumatra. The results of this study also showed that the most dominant variables to economic growth in the province of North Sumatra is the total population.

scholarly journals THE EFFECT OF HEALTH INFRASTRUCTURE DEVELOPMENT, EDUCATION, AND THE NUMBER OF POPULATIONS ON ECONOMIC GROWTH IN NORTH SUMATERA PROVINCE

2019 ◽  
Vol 8 (2) ◽  
pp. 16
Author(s):  
Mariyatul Kubtiyah Ritonga ◽  
Anhar Fauzan Priyonob
Keyword(s):  
Economic Growth ◽  
Secondary Data ◽  
Least Square ◽  
Infrastructure Development ◽  
Linear Regression Models ◽  
Development Education ◽  
Ordinary Least Square ◽  
Health Infrastructure ◽  
North Sumatra ◽  
Positive Effect

Economic Growth in North Sumatera priod 2000 until 2012 shows the condition that increases continuously, but the increase did not have an impact on education, health. This study aimed to analyze the influence of the health infrastructure, education infrastructure and population to economic growth in the province of North Sumatra simultaneously and partially. The data used are secondary data from BPS in North Sumatra time series from 2000 till 2012. Data analysis was performed by using OLS (Ordinary Least Square) with a multiple linear regression models estimated with the help of the program Eviews 7. The results of this study showed that simultaneous variable health infrastructure, education infrastructure and population have a significant effect on economic growth in the province North Sumatra. While partially concluded that variable infrastructure and population health positive and significant effect; educational infrastructure but not significant positive effect on economic growth in the province of North Sumatra. The results of this study also showed that the most dominant variables to economic growth in the province of North Sumatra is the total population.

scholarly journals The INFLUENCE OF PRODUCTION FACTORS TOWARD ECONOMIC GROWTH IN INDONESIA

2019 ◽  
Vol 4 (1) ◽  
pp. 44-46
Author(s):  
Wilson Bangun
Keyword(s):  
Economic Growth ◽  
Secondary Data ◽  
Least Square ◽  
Production Factor ◽  
Domestic Investment ◽  
Ordinary Least Square ◽  
Production Factors ◽  
The People ◽  
Data Production ◽  
Using Data

Economic growth as a mesurement and reflect of the people prosperity. Employee production factor have a better contribution if  to compare with capital and technology production factors on Indonesian economic growth. However, Indonesian workforce quality is lowest in ASEAN-5. The research methodology is using the Cobb-Douglas production function with the Ordinary Least Square (OLS), the using equation formulation: lnY = ln a + bi  +e. This research using data is secondary data: production factors using data of progressing of FDI and domestic investment, source of  the World Bank, 2004-2016; Employment is using data of progressing of Indonesia workforce,  sourced from the Biro Pusat Statistik Republik Indonesia, 2004-2016. The research results show that influence of the production factors toward Indonesia economic growth is strongly. This researchs aim to knowledge a large the contribution of production factors on Indonesian 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 PENGARUH PMA, PMDN, TPAK, PDRB PERKAPITA, PENGELUARAN PEMERINTAH TERHADAP DISPARITAS PENDAPATAN JAWA

2020 ◽  
Vol 3 (2) ◽  
pp. 21-34
Author(s):  
Lorentino Togar Laut ◽  
Arinda Sita Putri ◽  
Yustirania Septiani
Keyword(s):  
Economic Growth ◽  
Labor Force ◽  
Labor Force Participation ◽  
Foreign Investment ◽  
Government Spending ◽  
Gdp Per Capita ◽  
Domestic Investment ◽  
Economic Prosperity ◽  
Income Disparities ◽  
Per Capita

AbstrakDistribusi pendapatan di Pulau Jawa masih belum merata, pertumbuhan ekonomi di Pulau Jawa belum mampu mencapai kesejahteraan ekonomi yang merata. Sehingga penelitian ini bertujuan untuk mengetahui bagaimana pengaruh penanaman modal asing, penanaman modal dalam negeri, tingkat partisipasi angkatan kerja, PDRB perkapita, dan pengeluaran pemerintah terhadap disparitas pendapatan di Pulau Jawa tahun 2008-2018. Jenis data adalah data sekunder yang bersumber dari Badan Pusat Statistik Indonesia dan Badan Koordinasi Penanaman Modal. Analisis data menggunakan regresi data panel Eviews 7. Hasil penelitian menunjukkan bahwa penanaman modal asing, penanaman modal dalam negeri dan pengeluaran pemerintah tidak berpengaruh signifikan terhadap disparitas pendapatan di Pulau Jawa tahun 2008-2018. Sedangkan variabel tingkat partisipasi angkatan kerja, PDRB perkapita, berpengaruh signifikan terhadap disparitas pendapatan di Pulau Jawa tahun 2008-2018. Dari seluruh variabel berpengaruh secara simultan terhadap disparitas di Pulau Jawa tahun 2008-2018.Kata Kunci :  Disparitas pendapatan; Kesejahteraan Ekonomi; Pertumbuhan Ekonomi;AbstractThe distribution of income in Java Island is still uneven, economic growth in Java has not been able to achieve equitable economic prosperity. So this study aims to determine how the effect of foreign investment, domestic investment, labor force participation rate, GDP per capita, and government spending on income disparities in Java in 2008-2018. The type of data is secondary  data sourced from the Indonesian Central Bureau of Statistics and the Investment Coordinating Board. Data analysis used Eviews 7 panel data regression. The results showed that foreign investment, domestic investment and government spending did not have a significant effect on income disparities in Java in 2008-2018. Meanwhile, the variable of the level of labor force participation, GDP per capita, has a significant effect on income disparities in Java in 2008-2018. Of all the variables simultaneously influence disparities in Java in 2008-2018. Keywords :  Income disparity; Economic Prosperity; Economic growth;

scholarly journals The Gap in Economic Growth from Foreign Investment and Domestic Investment across Provinces in Indonesia

2020 ◽  
Vol 1 (1) ◽  
pp. 34-38
Author(s):  
Asnawi Asnawi ◽  
Irfan Irfan ◽  
M. Fathul Chairi Ramadhani
Keyword(s):  
Economic Growth ◽  
Foreign Investment ◽  
Time Series Data ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Positive Influence ◽  
Series Data ◽  
Domestic Investment ◽  
Effect Model ◽  
Negative Effect

The study aims to determine the effect of Foreign Investment (FDI) and Domestic Investment (PMDN) on Cross-Province Economic Growth in Indonesia in 2014-2018. This study uses secondary data with Panel and Poled data consisting of 34 provinces in Indonesia, and use the 5 years time-series data during 2014-2018. The analytical method used is the panel regression analysis method with the Fixed Effect model and poled model. The results showed that foreign investment and domestic investment had a positive and significant effect on economic growth across provinces in Indonesia. Furthermore, the results of the study show that foreign investment and domestic investment have a significant and positive effect on economic growth in 8 provinces in Indonesia, and the foreign investment has a significant and positive influence on economic growth in 9 Provinces in Indonesia. However, only North Maluku, where foreign investment has a significant and negative effect on economic growth, and domestic investment significantly and positively affects economic growth in 6 provinces in Indonesia.

scholarly journals PENGARUH KINERJA KEUANGAN DAERAH, TINGKAT PARTISIPASI ANGKATAN KERJA, DAN INFLASI TERHADAP PERTUMBUHAN EKONOMI DI SUMATERA BARAT

2019 ◽  
Vol 1 (2) ◽  
pp. 351
Author(s):  
Aisyah Syafitri ◽  
Ariusni Ariusni
Keyword(s):  
Economic Growth ◽  
Labor Force ◽  
Labor Force Participation ◽  
Government Expenditure ◽  
Secondary Data ◽  
Work Force ◽  
Least Square ◽  
Participation Rates ◽  
West Sumatra ◽  
Data Documentation

This study aims to determine the effect of regional financial performance, labor force participation rates, and inflation on economic growth in West Sumatra. The data used are secondary data in the form of time series with a period of time from 1987 to 2017, with the technique of collecting data documentation and library studies obtained from the institutions and agencies concerned. The variables used are government expenditure, investment, balance funds, labor force participation rates, inflation and economic growth. The research methods used are: (1) Ordinanry Least Square (OLS), (2) Classical Assumption Test. The results of the study show that (1) Government expenditure has a positive and significant effect on economic growth. (2) FDI investment has a negative and not significant effect on economic growth. (3) Balancing Funds have a positive and significant effect on economic growth. (4) Work Force Participation Level has a negative and significant effect on economic growth. (5) Inflation has a negative and significant effect on economic growth (6) Government Expenditures, Investment, Balancing Funds, Labor Force Participation Levels and Inflation have a significant effect on economic growth in West Sumatra.

scholarly journals Pengaruh kurs, net ekspor, dan penanaman modal asing terhadap pertumbuhan ekonomi Indonesia

2019 ◽  
Vol 7 (1) ◽  
pp. 39-50
Author(s):  
Tuty Cahya Azizah ◽  
Haryadi Haryadi ◽  
Etik Umiyati
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Exchange Rates ◽  
Foreign Investment ◽  
Secondary Data ◽  
Least Square Method ◽  
Least Square ◽  
Ordinary Least Square ◽  
Net Exports ◽  
The Exchange Rate

The purpose of this study is to analyze the development of exchange rates, net exports, FDI, and Indonesia's economic growth in 1998-2017 and to analyze the effect of exchange rates, net exports, and foreign investment (FDI) on Indonesia's economic growth in 1998-2017. used in this study is secondary data sourced from the Central Statistics Agency (BPS). The analytical tool used in this study is descriptive and quantitative analysis, namely by multiple linear regression. The research method used in this study is the "Ordinary Least Square (Ordinary Least Square) method. OLS). The test results using OLS show that together the variables of the exchange rate, net exports, and FDI have a significant effect on Indonesia's economic growth. While partially, the exchange rate has a positive and significant effect on Indonesia's economic growth. Meanwhile, net exports have a positive and significant impact on Indonesia's economic growth. Meanwhile, FDI has a positive and significant impact on Indonesia's economic growth. Keywords: Exchange rate, Net exports, Foreign investment, Economic growth.  

scholarly journals Analisis faktor-faktor yang mempengaruhi pertumbuhan ekonomi di Kabupaten Sarolangun

2019 ◽  
Vol 7 (2) ◽  
pp. 83-100
Author(s):  
Rosminah Rosminah ◽  
Rahma Nurjanah ◽  
Etik Umiyati
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Linear Regression ◽  
Government Spending ◽  
Time Series Data ◽  
Secondary Data ◽  
Least Square ◽  
Series Data ◽  
Domestic Investment ◽  
Ordinary Least Square

Investment (PMDN) and government expenditures have on economic growth in Sarolangun Regency. The type of data used is secondary data in the form of time series data for 2000-2017, in the form of data on economic growth, the number of workers, PMDN, and government spending. The analytical method used in this study is multiple linear regression or Ordinary Least Square (OLS). Based on the analysis results indicate that the workforce has a positive and significant effect on economic growth. PMDN has a positive and significant effect on economic growth. Likewise, government spending has a positive and significant effect on economic growth. Keywords: Economic growth, Labor, Domestic investment (PMDN), Goverment expenditure.

Sign in / Sign up

Export Citation Format

Share Document