Abstract
A sustainable economic growth becomes a main requirement for the continuity of regional economic development. Therefore, it should be concentrated on the basic sectors or leading sectors in order to create significant multiplier effect on other sectors. It is urgency for newly established regions, e.g., South Tangerang. This study aims to determine and analyze leading sectors that possess competitiveness and specialization in South Tangerang in relation with the future economic growth of South Tangerang. In addition, it also aims to project the added value or GRDP of South Tangerang in 2017. Secondary data in the form of time series sectoral GRDP at constant prices of both South Tangerang and Banten from 2010 to 2016 were obtained from BPS South Tangerang City and BPS of Banten Province. The data were analyzed using a quantitative- descriptive approach through the Location Quotient (LQ) and Shift-Share analysis. Based on the LQ method, there are nine leading sectors in 2010—2016, namely: construction; wholesale and retail trade, and repair of motor vehicles and motorcycles; accommodation and food; information and communication; real estate; corporate services; educational services; health and social services; and other services. The average LQ for these sectors is, respectively, 1.490; 1.333;1.315; 2.969; 2.233; 3.299; 2.530; 3.663; and 2.014. Real estate has the highest values, indicating it becomes the leading sector with the highest competitive and comparative advantages.
Highlights
Muhammadiyah International Journal of Economics and Business, Volume 2, Number 1, June 2019 to shorten the range of government control the management of regional potential and human resources can be optimized
The key to success in the implementation of regional autonomy is not solely relied upon the government apparatus, and on the local community to contribute in the optimization of resources
The Gross Regional Domestic Product (GRDP) of South Tangerang city is basically identical with the GDP of Banten province, which consists of seventeen sectors, namely: 1) Agriculture, forestry, and fisheries; 2)
Summary
A sustainable econofmaiizcalgbrkol6w3t@hJlgb. meRcaaoyimla.ceToslmoAag,boimdsmtaarhaianszcu2trh4er6qouhMi.ruaemlmamnegn@t gfmoraitlh.ceomcontinuity of regional. The key to success in the implementation of regional autonomy is not solely relied upon the government apparatus, and on the local community to contribute in the optimization of resources. Regional development should be adjusted with the on-going potential and aspirations of local community. The lack of priority in the implementation of regional development will lead to sub-optimal resource utilization. Economic growth is a benchmark to estimate the increase in the development of a region from various economic sectors that indirectly illustrate the level of economic change in the area. The welfare of a community is indicated by the income per capita of a region, which an indicator of economic growth. The GRDP of South Tangerang city is basically identical with the GDP of Banten province, which consists of seventeen sectors, namely: 1) Agriculture, forestry, and fisheries; 2).
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