Economic Growth Variables Research Articles

Pengaruh Pertumbuhan Ekonomi, Pendapatan Asli Daerah, Dana Alokasi Umum, dan Dana Alokasi Khusus terhadap Pengalokasian Belanja Modal

Capital expenditure is one of the regional expenditures that needs to be taken into account in the development of sustainable infrastructure and facilities. The existence of regional revenues consisting of PAD, DAU, and DAK which are used to improve public services through public facilities will be able to increase capital expenditure so that economic growth will also increase. This study aims to determine the effect of economic growth, local revenue, general allocation funds, and special allocation funds on the allocation of capital expenditures. This research uses a quantitative research approach with descriptive research types. The population in this study are 38 districts/cities in East Java Province. The sampling method in this study used saturated sampling method, the number of samples used in this study was 114 (38 x 3). Data collection techniques and instruments in this research are literature studies and documentary studies. The data analysis used was descriptive statistics, classical assumption test, simple and multiple linear regression hypothesis testing with the help of the SPSS program. The results of this study can be concluded that: economic growth has a negative and significant effect on the allocation of the Capital Expenditure budget while PAD, DAU, and DAK partially have a positive and significant effect on the allocation of the Capital Expenditure budget. The variables of economic growth, PAD, DAU, and DAK simultaneously have a significant effect on capital expenditure.

Analysis of Poverty Determination in Madura 2010 - 2019

One of the largest’s poverty percentage in East Java Province is on Madura insland.The average percentage of poverty in district on Madura Island is higher than thepercentage of poverty in East Java Province. Based on this, it is known that the poverty rate in Madura is above East Java Province, reaching more than 20 percent. 2022This study aims to determine the effect of the independent variables of economicgrowth, Unemployment Rate, Inequality of Income Distribution on Poverty Levelson Madura Island. In this case, the data used is panel data which is a combinationof the time series, namely 2010 – 2019 and the latitude series of 4 districts inMadura. The data analysis method used in this research is panel data regression.The results of this study are the variable economic growth (X1) has a negative andsignificant effect on poverty in Madura Island. The Variable Unemployment Rate(X2) has a positive and insignificant effect on poverty in Madura Island. Incomedistribution inequality variable (X3) has a negative and significant effect on povertyin Madura Island

Distribution of Zakat, Infaq, Shadaqah Funds and the Human Development Index to Economic Growth

Economic growth in Indonesia has experienced fluctuating growth, especially in recent years has decreased. Meanwhile, when viewed in terms of the distribution of Zakat funds, as well as Infaq and also Shadaqah and the Human Development Index experienced growth from year to year. This situation is expected to encourage economic growth in Indonesia. But in fact, economic growth has decreased. This study aims to analyze the influence of zakat, infaq and shadaqah fund disbursements as well as the Human Development Index in encouraging economic growth. By using quantitative methods with multiple linear regression data analysis. Data used from 2002-2021 which includes annual data. The results of this study show that the distribution of ZIS funds shows a negative and significant influence on Economic Growth. And the Human Development Index also has a negative but not significant effect. Simultaneously, the distribution of ZIS funds and the Human Development Index shows a positive and significant influence on economic growth variables.

Unveiling the linkage between hydropower growth and tourism sustainability in EU27 region: An empirical analysis

AbstractHydropower comes with a lot of inestimable values. It is indubitably an eco‐system‐friendly resource that causes no harm to the natural state of the environment. This creates a better alternative to the heat energy radiating the earth. It is a cost‐efficient source of energy and it offers unique opportunities to have cost‐efficient tourism sector management in the EU region centers. The primary objective of this research is to determine the effect of hydropower output on tourism sustainability in the European Union (EU 27) states from 1990 to 2021. The autoregressive distributed lag (ARDL) was adopted for this study. Findings from this study show that a significant increase in the tourism sector growth can occur in EU14 emerging economies using hydropower output and economic growth variables than in EU13 emerging economies. In addition, among other variables captured in this study, population density and good governance were seen to have a higher level of contribution to tourism sector growth in EU14 emerging economies than in EU13 emerging economies. It was also found that a significant increase in the tourism sector growth could be achieved in the EU13 emerging economies due to the high consumption of fossil fuels than in EU14 emerging economies. This finding implies that the EU27 could achieve sustainability in their tourism sector significantly through the substitution of fossil fuel output with hydropower. This will foster the attainment of Energy Union aims by 2030. It is also a good way to combat climate change and environmental pollution. Using the pooled mean group (PMG), mean group (MG), and dynamic fixed effect (DFE) methods, the projected calculations were seen to be valid. The study, therefore, recommended that EU27 countries should prioritize hydropower in their pursuit of renewable energy production as this will help them to achieve sustainability in their tourism sector and become secure in their energy need now and in the future time. The government, Politicians, and all other concerned stakeholders in the EU27 countries should strive towards replacing fossil fuels with hydropower. This will help to ensure sustainability in their tourism sector and there will be security in the energy sector of these EU27 Countries.

Democratic Institutions and Variability of Economic Growth in Pakistan: Some Evidence from the Time-series Analysis

This paper explores the empirical association between democracy and per capita output growth in Pakistan using data for the period 1947 to 2006. The findings of the paper indicate a weak negative association between democracy and output growth. Consistent with some current empirical literature, democracy is also found to influence output growth indirectly. The empirical results are robust to different democracy variables and output growth equation specifications. The empirical findings also highlight the role of other variables in determining output growth and, except for rising oil prices, show its positive linkage to physical and human capital, government consumption, openness of trade practices and inflation. JEL classification: C22, O43 Keywords: Democracy, Growth, Time-series

Analisis Pengaruh Pertumbuhan Ekonomi, Jumlah Industri, Penanaman Modal Asing Dan Kemiskinan Terhadap Emisi Co2 Di Indonesia

CO2 emission is a serious problem that has a direct impact on the environment. Therefore, this paper aims to examine the short-term and long-term effects on the variables of economic growth (GDP), number of industries (JI), foreign investment (FDI) and poverty (KM) on CO2 emissions in Indonesia. This study uses an analysis of the Error Correction Model (ECM) method in the period 1995 to 2019. The empirical results show that the GDP, JI and FDI variables have a significant effect on CO2 emissions while the KM variable has no significant effect on CO2 emissions in both the short and long term in 1995-2019 in Indonesia.

Pengaruh Tingkat Pendidikan dan Kemiskinan Terhadap Pertumbuhan Ekonomi Di Provinsi DKI Jakarta Periode 2017-2021

This study aims to analyze the effect of education and poverty levels on economic growth in DKI Jakarta Province in the 2017-2021 period. This study used VECM analysis. Based on the results of the analysis, the variable level of education has a negative and significant influence on economic growth in DKI Jakarta province, while the variable poverty rate has a positive and insignificant influence on economic growth in DKI Jakarta province. Furthermore, on stationary tests the variables of education level, poverty and economic growth have been stationary at the first difference level. The results of long-term estimates that the variable poverty rate in DKI Jakarta Province in the 2017-2021 period, has an effect and is significant on lag one at a real level of 5%. Thus the poverty rate has a dominant effect on economic growth

Analisis Pengaruh Ekonomi Digital Terhadap Pertumbuhan Ekonomi di Indonesia: Model Data Panel

This study aims to determine the effect of the digital economy has seen from the number of internet users (JPI), the value of e-commerce transactions (NT), and the total growth of e-commerce businesses (JU), both partially and simultaneously, on economic growth (PE) in Indonesia. Indonesia. The type of research used is quantitative. The data used in this study is panel data which is a combination of time series and cross section data where the annual time series data is 2018-2020 and the cross section consists of 34 provinces in Indonesia using the E-Views 10 tool. Data sources the data used are from the Central Statistics Agency (BPS) and the Association of Indonesian Internet Service Providers (APJII). The analysis method adopted is the fixed effect model of panel data regression method.The results showed that the independent variables Transaction Value and total Growth of e-commerce businesses had a positive and significant effect on the dependent variable of economic growth or PE, while the JPI variable had a negative and significant effect on economic growth.

Analisis Pengaruh Indeks Pembangunan Manusia (Ipm) Terhadap Pertumbuhan Ekonomi Syariah Di Sumatera Utara

This study aims to test whether the Human Development Index (IPM) has a positive effect on regional economic growth in North Sumatra. This study uses a quantitative approach, data obtained through the Central Bureau of Statistics of North Sumatra, the data in this study are time series data from 2017 to 2021. The data analysis method uses linear regression analysis and classical assumption tests with the help of the SPSS program. The results of the study prove that there is a significant positive influence on the Human Development Index (IPM) and Economic Growth variables in North Sumatra.

Relationship between Open Unemployment Rate, Employment Opportunity Rate, Dependency Ratio and Economic Growth in Indonesia

In this study, it analyzes the dynamics of employment in Indonesia before and during the Covid-19 pandemic. The COVID-19 pandemic has an impact on all sectors, especially the employment sector in Indonesia. This study used the variables of open unemployment rate, employment opportunity, dependency ratio and economic growth. This study used dynamic analysis with the vector error correction model (VECM) method with the research year 1987-2021. The results of this study explain that GDP has a long-term effect on changes in the value of the dependency ratio, the Employment Opportunity Rate has a coefficient of 430.7657 in Lag 1 which can be interpreted to mean that if there is an increase in the value of the Employment Opportunity Rate by 1% in the previous year, it will reduce the dependence ratio in the long term. the variable open unemployment rate has a coefficient of 430.6932 in Lag 1 which means that if there is an increase in the open unemployment rate of 1% in the previous year, it will increase the value of the dependency ratio in the long term. the relationship of GDP to the dependency ratio in the short term. The value of the GDP coefficient of 0.020050 in Lag 1, the figure explains that if the value of GDP increases by 1 percent in the previous year, it can encourage an increase in the value of the dependency ratio of 0.020050 percent in the current year.

INFLATION FLUCTUATIONS AND ECONOMIC TURBOS IN INDONESIA

This study aims to determine whether the money supply, investment, consumption, and economic growth variables have a significant effect on inflation. To find out whether the variables of government expenditure, unemployment, and inflation have a significant effect on economic growth. The data analysis model in this study is simultaneous regression. The data analysis technique used is the quantitative method. Data were processed from the Central Bureau of Statistics from 2007 to 2021. The results of this study indicate that based on the estimation results, the t-count value is obtained, the money supply variable has a significant effect on inflation. The investment variable has no significant effect on inflation. The consumption variable has no significant effect on inflation. The economic growth variable has no significant effect on inflation. The government expenditure variable has a significant effect on economic growth. The unemployment variable has a significant effect on economic growth. The inflation variable has a significant effect on economic growth. In order to reduce the inflation rate to a low level, Bank Indonesia should use monetary policy to reduce the money supply.

Renewable Energy Consumption and Economic Growth in Southern African Development Community Region

This study empirically analyzed the effects of renewable energy consumption on economic growth in Southern African Development Community using longitudinal data for a panel of 16 countries during the sample period 2000-2019. The methodological approach used applied the Breusch-Pagan Lagrangian multiplier test and Hausman test procedures. Based on estimates of the fixed effects model, empirical results show that an increase in renewable energy consumption had a statistically significant and positive effect on economic growth in the region. The estimated R-squared shows that approximately 3.4 percent total variation in economic growth was explained by renewable energy consumption and total natural resource rents. The computed F-statistic (= 7.88; p < 0.01) confirms significance of the model; while the interclass correlation value shows that approximately 52.6 percent of the variance was due to differences across panels. Keywords: renewable, energy, consumption, economic growth, SADC DOI: 10.7176/JESD/13-24-05 Publication date: December 31 st 2022

Electricity Consumption and Economic Growth in Southern African Development Community Region

This study empirically analyzed the effects of access to electricity by distinct population segments on economic growth in the Southern African Development Community using longitudinal data for a panel of 12 countries during the sample period 2010-2020. The methodological approach used followed applied the Breusch-Pagan Lagrangian multiplier test and Hausman test procedures. Based on the fixed effects model estimates, empirical results show that increases in percentages of rural and urban populations with access to electricity distinctly had statistically significant and positive effects on economic growth; with rural population access to electricity having had a more noticeable significant positive effect on economic growth than the rural population in the region. The estimated R-squared shows that approximately 8.0 percent total variation in economic growth was explained by the shares of the total population, rural population, and urban population. The F-statistic (= 6.48; p < 0.05) reveals significance of the model; while the interclass correlation value shows that approximately 80.1 percent of the variance was due to differences across panels. Keywords: electricity, access, population, urban, rural, economic growth DOI: 10.7176/JESD/13-24-02 Publication date: December 31 st 2022

Determinants of Poverty Rate in Eastern Indonesia

Poverty is a global issue faced by many countries in the world, including Indonesia. The purpose of this study is to examine the level of poverty in Eastern Indonesia by measuring Islamic banking financing, economic growth, LFPR, education and health and inflation against poverty levels in Eastern Indonesia. The data source used in the form of panel data is obtained from the Central Statistics Agency (BPS) for the 2011-2021 period. Data analysis using regression panel data with Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM) approach processed with E-Views 10. The results of this study indicate that the estimated model chosen in this study is Random The Effect Model (REM) followed by LM testing shows that the results of the Islamic Banking Financing, TPAK, RLS, UHH, and Inflation variables have no significant effect in a negative direction on the poverty level. negative. This means, for example, that there are independent variables simultaneously, so that the poverty level in Eastern Indonesia is increasingly leading to change. Meanwhile, in the simultaneous test the F-Statistic prob value is 0.000000 < 0.05, which means that the six independent variables simultaneously affect the poverty level in Eastern Indonesia. And the value of Adjusted R-Square is 0.607420 which means 60% of the variables of Islamic Banking Financing, economic growth, TPAK, RLS, UHH, and Inflation in this study are able to explain the variation of economic growth variables. While the remaining 40% is explained by other variables outside the model.
 

Analisis Pengaruh Pertumbuhan Ekonomi Dan Pendidikan Terhadap Tingkat Partisipasi Angkatan Kerja Di Kabupaten Pakpak Bharat


 This study aims to analyze economic growth and education on the level of labor force participation in Pakpak Bharat Regency. The data analysis method used in this research is quantitative method or time series data. The analytical tool used is Multiple Linear Regression analysis using data from the Central Bureau of Statistics of Pakpak Bharat Regency for 14 years (2008-2021.Based on the results of the study, the equation TPAK = 70.59686 +1.742869 Economic Growth + 3.009641 Education, the equation results show that economic growth and education has a positive effect on the Labor Force Participation Rate in Pakpak Bharat Regency. The results of the t-test on the Economic Growth variable were obtained at 0.2214 > = 0.05 and had no effect on the labor force participation rate and was rejected. In the education variable obtained by 0.8385 > = 0.05 and has an effect on the level of labor force participation and is accepted. The result of the F test is 0.316326 < = 0.05. So it can be stated simultaneously that economic growth and education have no significant effect on the level of labor force participation in Pakpak Bharat Regency, accepted. The results of the coefficient of determination (R2) in this study were obtained at 0.4133 or 41.33%, meaning that the variables of economic growth and education affect the labor force participation rate in Pakpak Bharat Regency by 41.33%, while the remaining 58.67% is influenced by the variable others that were not investigated in this study.

Determinants of Non-Performing Loans and Non-Performing Financing level: Evidence in Indonesia 2008-2021

Banking stability plays an important role as an intermediary in the economy. Both the economy and the banking sector affect each other. This study aims to investigate the effect and response of external variables and internal bank variables on Non-Performing Loans at Conventional Commercial Banks and Non-Performing Financing at Islamic Commercial Banks. This study uses macroeconomic variables such as economic growth and inflation, while a bank’s internal variables include the Loan to Deposit Ratio, Financing to Deposit Ratio, and Capital Buffer. This study employs Vector Autoregressive Regression (VAR) to examine the time series data. The results showed that the variable Economic Growth at lag-1, Loan to Deposit Ratio at lag-1, and Capital Buffer at lag-2 significantly affect Non-Performing Loans. While the variable that has a significant effect on Non-Performing Financing is only Economic Growth at lag-1. In addition, as can be seen from the Impulse Response Function curve, Non-Performing Financing tends to be more stable toward shocks from the variables used than Non-Performing Loans. The findings suggest that banks are encouraged to be more selective in loan disbursement and maintain minimal capital adequacy by taking into account the principle of prudence and referring to the bank’s health criteria.

ECONOMIC COMPLEXITY AND INFORMATION SOCIETY PARADIGMS: A HYBRID CONTRIBUTION TO EXPLAIN ECONOMIC GROWTH

In the last decades, the Information Society (IS) paradigm has brought together various research lines related to the diffusion and adoption of Information and Communication Technologies (ICTs) and their contribution to economic, social and human development. On the other hand, other research lines have recently explored the phenomenon of Economic Complexity (EC), providing new metrics to quantify this decisive factor for the prediction of economic growth and other human relevant variables. This article explores these two trends with the construction of two composite indexes. Then, it evaluates their explanatory power to predict economic growth, first separately, and afterwards together. The results show they can predict economic growth and improve their predictive capacity by working combined. In the conclusions, some difficulties and challenges for the development of these metrics are analyzed.

Unveiling the impacts of geothermal energy growth on food security in EU27 region: an empirical analysis.

There are many advantages of geothermal energy, as an environmental friend resource. This heat radiation emanating from beneath the earth's surface presents man with good opportunities to harness it and makes a good level of agricultural food production and its processing in the EU region. The primary objective of this research is to examine the impact of geothermal energy on agri-food supply among the 27 European countries (EU27), within the time frame 1990 to 2021. The study adopted the autoregressive distributed lag (ARDL), and the findings from this study revealed that agri-food supply can increase significantly among the 13 European countries (EU13 emerging economies), leveraging on geothermal energy and economic growth variables than in the EU14 emerged economies. Furthermore, the outcome of this study showed that there could be a significant decrease in the food products coming from agricultural practices among the 13 European countries (EU13 emerging economies), due to an ineffective population density than in EU14 emerged economies. Furthermore, fossil fuel and institutional quality contribute more positively to the agri-food supply in the EU14 emerged economies than in the EU13 emerging economies. This results in an outcome that means that the agri-food supply among the EU13 emerging economies could be greatly boosted by replacing fossil fuel consumption with geothermal energy, and this facilitates the attainment of the European energy goals by the year 2030. Substituting fossil fuels with geothermal will also assist in minimizing the risks of environmental pollution and climate change. All projected calculations were seen as valid in this study, and this was confirmed by the three estimators adopted which are the pooled mean group, the mean group, and the dynamic fixed effect. This study, therefore, recommends that the 27 European countries should lay more emphasis on geothermal energy production as this will help in ensuring food security in the region. Policymakers and other government authorities as well as local and foreign investors should make more investments in geothermal energy resources as this study has proven that this will lead to agri-food security and sustainability. Not only this, it will as well curb the incidence of climate change and environmental pollution.

Interface between energy consumption, CO2 emissions, economic growth, and macroeconomic openness in financial action task force countries through the lens of a causality approach.

There is strong scientific evidence to suggest that carbon dioxide (CO2) emissions are one of the key drivers of global warming. Rising CO2 emissions across the globe have been traced back to increasing global trade and rapid industrial development powered by fossil fuels. High CO2 emissions have had an adverse effect on the quality of life and economic growth of communities across the globe. In this study, the Granger causality approach is used to examine scientifically some causal relationships between energy consumption, CO2 emissions, economic growth, and key macroeconomic variables (trade openness and foreign direct investment) in the panel of Financial Action Task Force (FATF) countries. FATF countries are signatories to agreements to adhere to good financial practices to ensure sustainable development of their economies. The empirical analysis was conducted for the period 1980 to 2020. Results indicate a strong endogenous relationship between the variables in the short and long run. The analysis suggests that careful co-curation of economic, trade, energy, foreign direct investment, and environmental management policies is needed to ensure sustainable economic development in the FATF countries. Global trade and foreign direct investment policies must foster new environmental-friendly industries and greater use of clean renewable energy among these countries. Note: Arrows indicate direction of possible causal links between the variables.

Analisis Desentralisasi Fiskal Terhadap Pertumbuhan Ekonomi di Sumtera Utara

The purpose of this study was to find out and analyze: (1) To what extent does thedegree of fiscal decentralization influence economic growth in North Sumatra,(2) To what extent does transfer dependency influence economic growth in NorthSumatra, (3) To what extent does the capital expenditure ratio influenceeconomic growth in North Sumatra, (4) How far is the degree of fiscaldecentralization, transfer dependence, and the ratio of capital expenditure toeconomic growth in North Sumatra. The data used is panel secondary data for33 regencies/cities in North Sumatra from 2014-2019, data obtained frominstitutions related to the research variables which are grouped into two parts,namely the dependent variable which in this study uses economic growth and theindependent variables which consist of degree of fiscal decentralization, transferdependency, and capital expenditure ratio. This study uses panel data regressionanalysis using the fixed effect model (FEM). The results of this study indicate thatsimultaneously, fiscal decentralization has a significant effect on economicgrowth in North Sumatra. while partially (1) The degree of fiscal decentralizationhas a negative and significant effect on economic growth (2) transfer dependencehas a positive and insignificant effect on economic growth (3) the ratio of capitalexpenditure has a positive and insignificant effect on economic growth in NorthSumatra.