Growth Ratio Model Research Articles

Analisis Sektor Basis di Kabupaten Sampang

In this study, the aim was to find out the base sector of Sampang Regency on Madura Island, through the GRDP data of Sampang Regency. The analysis used uses several analyzes, namely analysis of Location Quotion (LQ), Dynamic Local Quotion (DLQ), Shift-Share (SS), Growth Ratio Model (MRP). Based on the analysis conducted, it can be seen that several sectors in Sampang Regency have good potential, such as the Agriculture, Forestry and Fisheries sector, Mining and Excavation, and the Compulsory Government, Defense & Social Security sectors. By knowing the sectors that have potential and those that are still lagging behind in Sampang Regency, it can become a material for the Sampang Regency Government to make policies toincrease the value of GDP and economic growth in Sampang Regency.

Analysis of Potential Sectors in Determining Development Priorities in Bintuni Bay Regency

Economic development is a process to improve the standard of living and welfare of society. The goal of economic development is to realize better economic growth and absorb a larger workforce. Regional development carried out in an integrated manner through the preparation of spatial plans must be directed at solving the main problems in the region, in terms of welfare and economic growth. This study aims to determine the potential economic sectors to be developed in Teluk Bintuni regency. This research uses the LQ analysis method, Growth Ratio Model analysis, and Klassen Typology. The data used is secondary data in the form of GRDP of Teluk Bintuni regency and West Papua province in 2012-2022 sourced from the Central Statistics Agency (BPS). The analysis was carried out by determining the base sector, then formulating a sector typology using the Klassen Typology, and finally describing potential economic activities or sectors based on the criteria for regional economic structure growth using the Growth Ratio Model

Identification of Economic Potential in Berau Regency, East Kalimantan-Indonesia

The primary objective of this study is to investigate the economic prospects of Berau Regency in East Kalimantan. This study aims to identify potential areas for further economic development in Berau Regency, to increase the wealth of its citizens. Additionally, it will highlight areas that need to be strengthened to achieve this objective. This study utilized shift share, the location quotient (LQ), and the growth ratio model (GRM) as analytical methods. The main data utilized in this study consisted of the Gross Regional Domestic Product (GRDP) statistics for East Kalimantan Province and Berau Regency from 2018 to 2022. The GRM study indicated that the transportation and warehousing sector experienced significant development, along with education services, health services, social activities, and other services. On the other hand, the Shift-Share analysis demonstrated positive growth in nearly all sectors within Berau Regency. Based on Location Quotients (LQ) analysis, the most competitive industries in the region include mining and quarrying, agriculture, forestry, and fisheries; wholesale and retail trade; car and motorcycle repair; transportation and warehousing; accommodation, food, and beverage provision; educational services; health services and social activities; and other services. This study emphasizes the ability of Berau Regency to effectively utilize its natural resources, particularly in the growing agricultural and tourism sectors. Hence, to advance and stimulate the tourism sector, the Berau Regency administration should contemplate allocating funds for agricultural and tourism development in its regional budget and executing infrastructure improvements. This approach is anticipated to bolster the economic development of Berau Regency while enhancing its residents’ overall quality of life.

Sektor Unggulan Dan Pertumbuhan Ekonomi: Studi Kasus Kota Padangsidimpuan

Leading sectors are expected to be able to overcome economic development problems with economic growth rates. The aim of this research is to find out what sectors are the leading sectors in Padangsidimpuan City and to find out how the growth of these leading sectors influences the level of economic growth in Padangsidimpuan City. The type of data used in this research is secondary data obtained from the Padangsidimpuan City Central Statistics Agency and the North Sumatra Province Central Statistics Agency. The results of this research are based on Location Quotient (LQ) analysis, Dynamic Location Quotient (DLQ) analysis, Growth Ratio Model (MRP), and Shift Share analysis, there are four sectors which are the leading sectors in Padangsidimpuan City, namely the electricity and gas procurement sector; wholesale and retail trade sector, car and motorbike repair; transportation and warehousing sector; as well as the accommodation and food and drink provision sector. Based on the results of simultaneous multiple linear regression analysis, leading sectors have a significant influence on the level of economic growth in Padangsidimpuan City. Partially, the electricity and gas procurement sector has a positive and insignificant effect on the level of economic growth. Partially, the wholesale and retail trade sectors; car and motorbike repairs have a positive and insignificant effect on the level of economic growth. Partially, the transportation and warehousing sectors have a positive and significant effect on economic growth. Partially, the accommodation and food and drink provision sector has a negative and insignificant effect on economic growth.
 
 Keywords: GDP, leading Sectors, Economic Growth

Daya Saing Komoditas Unggulan Sektor Pertanian dalam Pembangunan Ekonomi Kabupaten Solok

Agriculture is a sector that has opportunities for regional economic development. The development of a region can be done by determining superior commodities that can compete comparatively and competitively. This study aims to analyze the excellent things in the agricultural sector and the competitiveness of fantastic items in Solok Regency. The research was done in Solok Regency from May to July 2022 using Location Quotient, Dynamic Location Quotient, Shift Share Analysis, and Growth Ratio Model (MRP) analysis. The research uses secondary data, namely the production value of the food crops sub-sector, the horticulture sub-sector, and the estate sub-sector from 2016 to 2020. The analysis results show that the superior agricultural sector commodities in Solok Regency are 27 commodities, of which 14 in the future have no potential to be developed, leading things that have a competitive advantage in Solok Regency, namely as many as 16 commodities, with 12 items that are growing well. From the analysis results, the government should focus more on regional development by optimizing the progress of superior agricultural commodities that are competitive and able to improve the economy in Solok Regency.

Do IFRS Disclosure Requirements Reduce the Cost of Equity Capital? Evidence from European Firms

This study analyzes the impact of adopting International Financial Reporting Standards (IFRS) on the cost of equity capital for firms listed on STOXX Europe 600 using a sample of 9773 firm-year observations between 1994 and 2022. We estimate the cost of equity capital using the modified price–earnings–growth ratio model and employ the GMM system to investigate the effect of IFRS Standards on the cost of equity capital. Our results indicate that IFRS adoption reduces firms’ cost of equity capital. We performed various sensitivity analyses to ensure the reliability of our results. Overall, this study contributes to the extant literature on the cost of equity capital implications of IFRS adoption and provides valuable insights for investors, regulators, and policymakers.

ANALYSIS OF ECONOMIC STRUCTURE TRANSFORMATION IN EAST KUTAI DISTRICT EAST KALIMANTAN PROVINCE 2012-2022

High economic growth is a sign of good social welfare. The total added value generated by all business units in an area is known as GRDP. Meanwhile, existing resources can be simplified and focused on the growth of sectors that have multiple impacts on other sectors during the regional economic development process. This study aims to determine the potential of leading sectors, changes and shifts in industries, and the position of economic sectors based on their growth and contribution in East Kutai Regency for the 2012-2022 period. The techniques used are location quotient (LQ) analysis, shift share, and growth ratio model (MRP). This quantitative study used secondary data as time series of the Gross Regional Domestic Product (GRDP) of East Kutai Regency and East Kalimantan Province from 2012-2022. The results of the Location Quotient analysis show that the mining and quarrying sector is the basic sector in East Kutai Regency. Based on the results of the shift-share study of the seventeen economic sectors, progress has been rapid from year to year, so there has been a shift in the financial industry. The results of the analysis of the growth ratio model (MRP) show that the dominant growth sectors are the agriculture, forestry, and fisheries sectors, the electricity and gas procurement sector, the water supply sector, waste processing, waste, the construction sector, the wholesale and retail trade sector, the transportation and warehousing sector. Accommodation provision sector, information and communication sector, financial and insurance services sector, real estate sector, corporate services sector, government administration sector, education services sector, health services sector and social activities, and other service sectors

ANALISIS SEKTOR EKONOMI UNGGULAN DI KABUPATEN SUMBAWA

This study aims to know and analyze the leading sectors of the economy in Sumbawa District, which are competitive in economic growth. The type of this study was qualitative study. The data used was secondary data obtained from the Gross Regional Domestic Product of Sumbawa district and West Nusa Tenggara (NTB) Province in 2012-2017. The data analysis tool used was the analysis technique of Growth Ratio Model (MRP) and Klassen Typology. The results of the study showed based on Growth Ratio Model analysis (GRM) showed that there were several sectors that had positive growth in the study area and reference area, including the Wholesale and Retail Trade sector, Car and Motorcycle Repair and the information and communication sector. Meanwhile, the results of the Klassen typology showed that the economic sectors classified as superior sectors were the agriculture, forestry and fishery sectors; electricity and gas procurement sector; wholesale and retail trade, repair and maintenance of cars and motorcycles; and the education services sector. So, based on the results of the two analytical tools used, the conclusion were that the leading sectors in Sumbawa district were prominent sectors and the advanced sectors are agriculture, forestry and fisheries; wholesale and retail trade, repair of cars and motorcycles; electricity and gas procurement sector; and the education services sector.

Penentuan Komoditas dan Kawasan Unggulan Subsektor Perkebunan

In the context of regional development, regional development directions are needed based on the availability of resources, so that regional development directions can be directed and run well. In general, the goals of regional development are equity, economic growth, and sustainability so that the region can develop to the desired level. The ability to take advantage of the potential planning resources available in the region is a way of developing a region based on regional potential. One of the solutions in regional development is the development of superior commodities, with the intention that these commodities can support regional economic growth and people's welfare. The purpose of this study was to identify and determine the superior commodities of the plantation sub-sector in Rokan Hulu Regency and to determine the location of the superior production of the plantation sub-sector in Rokan Hulu Regency. Leading commodities are determined based on analysis of Sectoral Contribution Index (SCI), Growth Ratio Model (GRM), Dynamic Location Quotient (DLQ), Location Quotient (LQ) and Composite Indeks (CI). Meanwhile, plantations in plantation sub-sector superior production areas are carried out using a Geographic Information System with Hot Spot analysis Getis-Ord Gi*. Based on the results of the analysis, it is known that the leading commodities in the plantation sector in Rokan Hulu Regency are rubber and palm oil. Hot Spot analysis shows the location of the leading area, namely in North Tambusai District. The results of this study are expected to be input in determining the superior commodities of plantation estates and the development of agropolitan areas in Rokan Hulu Regency.

Economic Growth Rates Based on the Agriculture Sector Comparative Analysis

Finding potential sub-sectors and products in the City District of North Kalimantan Province is the goal of this research. To determine the contribution of the sub-sector, the method used is sub-sector mapping using the Overlay and Klassen Typology derived from LQ (Location Question) analysis to determine the comparative adventages, GRM (Growth Ratio Model) to determine the potential product and subsector, and SS (Shift Share) to determine the competitiveness of the sector. The results of the study show that each district/city in North Kalimantan Province has regional sub-sectors and products that are superior, potential and competitive and become their respective characteristics. As a result, it will become a policy suggestion for prospective sector growth in each location.

Leading Sector Analysis in Gunung Mas Regency

This study aims to find out which economic sectors are the leading sectors in Indonesia, to know the structure of the regional economy, to find out the development of the leading economic sectors and to find out which sectors have potential sectors in Gunung Mas Regency. The analysis tools used are Location Quotient Analysis, Shift Share, Klassen Typology and Growth Ratio Model. From the results of the analysis it can be concluded from the four analytical tools: (1) the results of the Location Quotient analysis, namely the Agriculture, Forestry and Fisheries Sector, the Construction Sector, the Food and Drink Accommodation Provision Sector, the Information and Communication Sector, the Real Estate Sector, the Service Sector Companies, the Government Administration Sector, Defense and Compulsory Social Security, the Education Services Sector, and the Health Services and Social Activities Sector which are the leading economic sectors in Gunung Mas Regency, Central Kalimantan Province. (2) The results of the Shift Share analysis are that there is no shift in the economic structure in Gunung Mas Regency. (3) The results of the Klassen Typology, namely the Advanced and Rapidly Growing Sector (Quadrant I) in Gunung Mas Regency are the Agriculture, Forestry and Fisheries Sector, the Mining and Quarrying Sector, the Construction Sector and the Information and Communication Sector. (4) The results of the analysis of the Growth Ratio Model, that the Potential sector is the Wholesale and Retail Trade Sector; Car and Motorcycle Repair, Real Estate Sector, Government Administration Sector, Defense and Compulsory Social Security, Health Services and Social Activities Sector

POTENTIAL ANALYSIS OF THE AGRICULTURAL, FORESTRY, AND FISHERIES SECTORS IN BANDUNG REGENCY BEFORE AND DURING THE COVID-19 PANDEMIC

Bandung Regency is an agricultural area that supports the business development of various commodities. However, the growth rate and contribution of the agricultural, forestry, and fishery sectors in Bandung Regency is relatively small. The existence of the Covid-19 pandemic has caused a decrease in economic activity which has an impact on the economic structure in GRDP, this causes the need for an analysis to determine the potential of the agricultural, forestry and fisheries sectors in Bandung Regency seen from its growth. This research uses primary data from interviews and secondary data from the GRDP of Bandung Regency and West Java Province in 2016-2019 for the period before the pandemic and 2020-2021 for the period during the Covid-19 pandemic. There are two analytical methods used, namely Shift Share Analysis (SSA) and Growth Ratio Model (GRM). The results of the shift share analysis show that the agricultural, forestry, and fisheries sectors in Bandung Regency have a positive total economic change value, meaning that the sector has the potential to be developed both before the pandemic and during the Covid-19 pandemic, while the results of the growth ratio model analysis show that the agricultural, forestry, and fisheries sectors in Bandung Regency had regional potential before the pandemic, but became not potential during the Covid-19 pandemic.

Analisis Produk Unggulan Daerah Di Kabupaten Jepara

This study aims to analyze and map local superior commodities (LSC) in Jepara Regency using Shift Share Analysis, Growth Ratio Model Analysis (MRP), Location Quotient (LQ) Analysis, Overlay Analysis, and Klassen Typology Analysis. The analysis was carried out using the GRDP data for Jepara Regency and for Central Java Province. The research was conducted on five business sectors including the creative industry sector, the food processing sector, the food crop & plantation product processing sector, the fishery product processing sector and the agricultural product processing sector. The results of the identification of superior commodities in Jepara Regency show that the manufacturing sector has strong competitiveness or has a highly competitive advantage. It implies that local governments need to pay attention to business sectors that are experiencing a decline and relatively underdeveloped, improve managerial capabilities for business actors, especially in the manufacturing industry sector, and increase market access offline and online (omni), as well as develop innovation hubs.

Analysis Of Cattle Livestock Development Potential In North Sumatra Province

This study aims to identify the location of cattle development and study cattle in North Sumatra Province. The method in this study used purposive area sampling where the determination of the research area was taken based on the district/city having cattle from 2016-2020 at BPS North Sumatra. Data analysis was carried out using the Growth Ratio Model used in the analysis (MRP) and location quotient (LQ). The results showed that the districts included in classification I were Asahan, Dairi, Deli Serdang, South Tapanuli, Mandailing Natal, Labuhanbatu, Batu Bara, Tebing Tinggi, Toba, Karo, Simalungun, Serdang Bedagai, Langkat, South Labuhanbatu, North Labuhanbatu. , Tanjung Balai, Binjai, Medan, Pematang Siantar, North Padang Lawas, Padang Sidempuan, Central Tapanuli and Padang Lawas. For the classification area II, the districts of North Tapanuli, Nias, South Nias, North Nias, West Nias, Gunung Sitoli, Samosir, Sibolga, Humbang Hasundutan, Pakpak Bharat.

Overlay Analysis of Potential Economic Sectors of Minahasa Regency in 2017-2021

Since regional autonomy prevails in Indonesia, each region is required to manage its economic sector in accordance with the characteristics and economic potential that exists in the region in order to achieve sustainable economic development. To achieve this economic development, it is necessary to have a good plan by paying attention to the potential economic sectors in the area. For this reason, this study aims to examine the potential of economic sectors that must be developed first to improve the economy of North Minahasa Regency. The analytical tools used in this study include Location Quotient (LQ), Shift Share, Growth Ratio Model (MRP) and Overlay analysis. The results of this study show that the mining and quarrying sector, processing industry, electricity and gas procurement, construction, educational services. This is a sector that has the opportunity to be developed first, so it is expected to provide a multiplier effect on other sectors.

SOCIETY EMPOWERMENT THROUGH AGRICULTURAL INDIGENOUS RESOURCE POTENTIAL: SUSTAINABILITY OF FOOD SELF-SUFFICIENCY GOALS

This study aims to analyze indigenous agriculture from economic resources in East Java Province as an existing economic resource of strategy and development that evolve into the primary source. This research employed survey and action research methods and secondary data sourced from the central bureau of statistics on 17 economic sectors in Pasuruan and Probolinggo regencies. This research applied survey and action research methods as it attempts to identify the resource potential in each sector setting as the basic strategy for sustainable resources to be the leading sector and as the basis to empower economic resources to reach sustainable food security. This research methodology uses three analysis devices: Location Quotient, Growth Ratio Model and finally describes how to combine LQ and Growth Ratio Model. The result showed that Probolinggo Regency was categorized as rapid advance but left behind. In other words, the economic growth of Probolinggo Regency has weakened. Meanwhile, the food security in Pasuruan Regency was weak. This regency had focused on increasing its economic growth rather than sustainability. The research found that sectors with a positive Growth Ratio Model might move the local economy through regional development innovations.

The Classification of Leading Sectors Utilized Weighting Technique Analysis

Related to the previous studies, there are still questions about what sectors are produced from several economic based approaches each year. This study aims to determine the “very potential” business fields to be developed. This research was led purposively in Sukamara Regency, Kalimantan Tengah Province thinking about that macroeconomic exhibition information actually should be additionally improved. Auxiliary information got by documentation at the Central Statistics Agency, specifically GRDP at 2010 Constant Market Prices for the 2015-2020 period. Arrangement of business fields is done utilizing a weighting come closer from the estimation of Location Quotient, Growth Ratio Model, Sectoral Contribution Percentage and Growth Rate, Shift Share Analysis, and Overlay. The consequences of the review show the pattern of the improvement of the quantity of driving areas that are getting less and less and not in any manner observe any area that is completely equipped for satisfying the normal financial based methodology presumptions consistently. Moreover, the weighting system carried out proposes a new contribution in determining the leading sectors with a clearer classification. Therefore, the results of this study at the same time provide recommendations for the need for an analysis of the leading sector every year as consideration for regional planning.

Analysis of Economic Structural Transformation and Leading Sectors in Bali, Indonesia

This research aims to analyze the shifts in the economy's structure and the leading sectors used as economic prospects in the developmental sector other than tourism in Bali. The study of theories and concepts used includes the theory of economic growth. The data were analyzed using economic sector contribution techniques (Location Quotient), GRM (Growth Ratio Model), and Overlay Analysis. The results show a shift in the economy's structure from the primary to the tertiary sector. The leading sectors in Bali are transportation and warehousing; provision of accommodation and food and beverages; information and communication; financial and insurance services; real estate; education services; health services and social activities; and other services. The government needs to develop a base sector to encourage economic movements and create a multiplier effect. This research is expected to be an input for the government in the form of policy advice in preparing regional development plans and policies.

Leading Sector Using Overlay Analysis in Tasikmalaya City

This research aims to find out what economic sectors have the potential to be prioritized for development in Tasikmalaya City. This research uses descriptive and quantitative analysis. While the quantitative analysis used the Location Quotient (LQ) Model, Growth Ratio Model (MRP), and Overlay Analysis. should be a development priority by the local government of Tasikmalaya City, which is expected to increase the rate of regional economic growth in Tasikmalaya City.

Analysis of Urban Agglomeration in Economic and Legal Perspectives (A Study on the Development of Industrial Agglomeration Areas in Semarang City)

<em>This study tries to analyze the implementation of laws and policies regarding the development of urban agglomerations, analyze agrarian law regulations in Indonesia addressing industrial estate issues, and analyze the leading sectors and economic potential of the city of Semarang. In this study, the authors use the Base Sector Analysis/LQ Analysis, Economic Sector Performance Analysis/Shift Share Analysis, Growth Ratio Model Analysis/GRM, Klassen Typology Analysis, Overlay Techniques, and SWOT Analysis to measure the competitive advantage of each element), and provide policy recommendations for the government as well as for industry players. The object of this research is spread over several industrial areas located in Semarang City including Wijaya Kusuma Industrial Area, Candi Industrial Area, BSB Industrial Park, and Terboyo Industrial Estate. The findings of this study are that it is known that leading sectors such as warehousing, financial services, transportation, retail, real estate, trade, and construction are economic bases that are growing rapidly and can support the development of urban agglomerations.</em>