scholarly journals Reexamination of Okun's law: Empirical analysis from Panel Granger Causality

Industrija ◽  
2020 ◽  
Vol 48 (4) ◽  
pp. 63-80
Author(s):  
Gatot Sasongko ◽  
Niken Artanti ◽  
Andrian Huruta ◽  
Cheng-Wen Lee
Keyword(s):  
Panel Data ◽  
Granger Causality ◽  
Data Model ◽  
Fixed Effect Model ◽  
Causality Analysis ◽  
Okun’S Law ◽  
Okun's Law ◽  
Granger Causality Analysis ◽  
Effect Model ◽  
Panel Granger Causality

This study aims to confirm the existence of Okun's coefficients in Indonesia. Authors conducted panel data of 34 provinces in Indonesia for the period from 2014 to 2019, obtained from the Central Bureau of Statistics. The data were analyzed by using the panel data model and Panel Granger Causality. The Panel Granger causality analysis results show that there was one-way causality between the economic growth and the unemployment. It was caused by several influencing factors, such as education level, population, and employment opportunities. Based on the Fixed Effect Model and Panel Granger Causality results, authors conclude that Okun's Law has not been proven for 34 provinces in Indonesia.

scholarly journals ANALISIS INTERVENSI FISKAL TERHADAP KEMISKINAN (STUDI KASUS DANA DESA PULAU KALIMANTAN)

2018 ◽  
Vol 2 (1) ◽  
Author(s):  
M. Zaky Mubarak Lubis ◽  
Aprian Subhan Dahraini
Keyword(s):  
Panel Data ◽  
Data Model ◽  
Fixed Effect Model ◽  
Poverty Rate ◽  
Panel Data Model ◽  
Fund Allocation ◽  
Effect Model ◽  
Descriptive Approach ◽  
Quantitative Descriptive ◽  
The Village

ABSTRACTOne of the government's strategies to help the village become independent and autonomous by giving the allocation of village funds. The funds allocated for the rural area, and expected to support the implementation of the people’s empowerment and the rural development, so that funds can improve the people’s prosperity. Furthermore, the aims of this study to look at the influence of Fiscal Intervention which are representated by Village Fund, Village Fund Allocation, and part of Local Earning and Retribution toward Poverty which is representated by Poverty Rate of Residences/Cities in Kalimantan Island during 2015-2017. This research used quantitative descriptive approach with Panel Data Model. The result showed of Fixed Effect Model regression that, Village Fund, Village Fund Allocation, and part of Local Earning and Retribution have have negative significant influence at Poverty Rate for 47 Residences/Cities in Kalimantan Island.

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