The Analysis of Indonesia Economic Growth: A Study in Six Big Islands in Indonesia  

Oleh:

Leasiwal, Teddy Christianto

Jenis: Article from Journal - ilmiah nasional - terakreditasi DIKTI
Dalam koleksi: Journal of Economics, Business, & Accountancy: ventura vol. 16 no. 1 (Apr. 2013), page 1-12.
Topik: Economic Growth; FDI; Education; PSU; Stability; Fixed Effect Model (FEM); General Least Square (GLS)
Fulltext: 121-436-1-PB.pdf (204.48KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: VV5.9 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This study attempts to investigate and analyze the factors determining and influencing the Indonesia's economic growth, and to see economic growth in the six bog islands in Indonesia, using extension of the Solow-Swan model and endogenous growth models, by also adding the factors of education (EDU), the potential sectors utilization (PSU) as well as several other factors that Foreign Direct Investment (FDI), Political Stability and Security (STAB). The results of this study found that the variable of FDI, PSU, EDU and STAB, in general, have effect on the economic growth in Indonesia and on the existing six big islands. Not all of these variables affect the 6 islands which is due to the different characteristics of each island. It can be concluded that the FDI, is still one of the important sources for Indonesia, and six big islands to encourage economic growth of Indonesia's economic growth and six big islands in Indonesia against the use of potential sectors especially in natural resources. Political Stability and Security (STAB), the condition of Indonesia, and six big islands, are quite vulnerable to shocking security, making it have a strong effect on economic growth. Education (EDU) generally is able to contribute significantly to the economic growth of the islands. In Bali and Timor, education (EDU) can not encourage economic growth.

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