2014
DOI: 10.21098/bemp.v16i1.435
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The Economic Growth and the Regional Characteristics : The Case of Indonesia

Abstract: This paper analyzed the regional characteristic and the output growth. Using panel data analysis on 33 provinces in Indonesia, the result shows that the labor growth and net export positively affect the output growth. Surprisingly, the inflation and human capital were found to be insignificant on output growth. Keyword : economic growth, panel data, regional characteristicsJEL Classification: O47, C23, R11

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Cited by 22 publications
(22 citation statements)
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“…This group is generally unbanked and actually recorded very high outside the developed countries. Financial inclusion according to World Bank (2008) cited by Supartoyo et al (2013) is a comprehensive activity that aims to eliminate all form of obstacles both in the form of price and non price in providing the access for the community to use or utilize formal financial services.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…This group is generally unbanked and actually recorded very high outside the developed countries. Financial inclusion according to World Bank (2008) cited by Supartoyo et al (2013) is a comprehensive activity that aims to eliminate all form of obstacles both in the form of price and non price in providing the access for the community to use or utilize formal financial services.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…Sektor pariwisata memiliki potensi besar dan efektif untuk mendobrak devisa Indonesia melalui strategi pengembangan pariwisata yang direncanakan dan dilakukan oleh dinas kebudayaan dan pariwisata.Kontribusi sector periwisata adalah yang terbesar dalam perkembangan ekonomi, sehingga kemajuan pariwisata harus didukung secara maksimal agar dapat menghasilkan economic growth (Supartoyo, 2013: 3) yang signifikan. Pengembangan sektor pariwisata tidak hanya mencakup sumber daya alam saja melainkan harus disertai dengan adanya sumber daya manusia dan luas wilayah tersebut dapat menampung pengunjung wisatawan yang sangat banyak (Itamar, Alam dan Rahmatullah, 2014: 91).…”
Section: Dasar Pemikiranunclassified
“…The formulation of the hypothesis of the effect of capital expenditure on regional economic growth, as follows: H2: Capital expenditure has a positive and significant effect on the regional economic growth. Supartoyo, Tatuh and Sendouw (2013); Agustina and Indrajaya (2014) argue that labor has a significant positive effect on economic growth. This is due to the labor that performs production activities and drives the regional economy.…”
Section: Hypothesis Formulationmentioning
confidence: 99%
“…The increased regional expenditure will open up jobs that can absorb labor. Absorbed labor can increase per capita income and ultimately drive regional economic growth (Supartoyo, Tatuh and Sendouw 2013;Agustina and Indrajaya 2014). The existence of SMEs in a country can encourage the economic growth of the State (Kongolo 2010).…”
Section: Hypothesis Formulationmentioning
confidence: 99%
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