This study aims to analyze the institutional variables of governance in ASEAN 7 developing countries. The independent variables consist of Voice and Accountability, Political Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law and Control of Corruption, while shadow economy is dependent variable. The data used in this study are quantitative data and secondary data by using program Stata 14, the analysis technique used is multiple linear regression panel data. The results show that Voice and accountability has a negative and significant effect on the shadow economy as well as Political stability, Government effectiveness and Control of corruption on the other side. Regulatory quality has a positive and significant effect on the amount of shadow economy. Meanwhile, Rule of law no significant effect on the shadow economy. Underlying the results, the study arranges some policy to reduce negative effect of shadow economy.This is an open access article under the CC-BY-SA license.
One of the indicators socio-economic the success of development is a decrease in the number of poor people. Central Java is the province with the second largest number of poor people after East Java Province. This study aims to determine the effect of population growth rate, GDP per capita life expectancy (AHH), mean years of schooling (RLS) and purchasing power parity simultaneously and partially on the number of poor people in Central Java from 2008-2017. This study uses secondary data by using program Stata 14, the analysis technique used is multiple linear regression panel data. The results of the study showed that the population growth rate, GDP per capita, life expectancy (AHH), mean years of schooling (RLS) and purchasing power parity simultaneously have a significant effect on the number of poor people. Partially, population growth rate, life expectancy, and means years of schooling have a negative and significant influence on the number of poor people. While the GDP per capita and purchasing power parity do not have a significant effect on the number of poor people in Central Java. Various government policies and programs should continue to be rolled out to isolated areas so that increased income can be balanced with equitable development.
The purpose of this research to examine influence several independent variables, especially corruption, foreign direct investment (FDI), population growth, and government expenditure on the economic growth of 10 Asia-Pacific countries, and prove the hypothesis of the sand wheels theory whether corruption causes a decline and a slowdown in economic growth. This study uses panel data. The results showed that the variables of corruption have a negative impact on economic growth, foreign direct investment (FDI), and government expenditure have positives that significantly affect the level of economic growth in 10 Asia-Pacific countries. However, population growth does not significantly affect economic growth. The result implies that corruption has a negative effect on economic growth in 10 Asia-Pacific countries. Such an outcome provides evidence and confirms the hypothesis that corruption can sand the wheel of an economy. Countries must eradicate all forms of corruption and maintain a conducive investment climate so that there is a level of trust, especially in the Asia-Pacific countries, to create productive economic growth.JEL Classification: O47, D73, C12How to Cite:Nasir, M. S., Wibowo, A. R., & Yansyah, D. (2021). The Determinants of Economic Growth: Empirical Study Of 10 Asia-Pacific Countries. Signifikan: Jurnal Ilmu Ekonomi, 10(1), 149-160. https://doi.org/10.18752/sjie.v10i1.15310.
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