Increasing the rate of economic growth is one of the biggest goals for an area, because it affects macroeconomic conditions in the aggregate especially the level of public welfare. Law Number 32 of 2004 becomes empirical evidence that there is a transfer of responsibility from the central government to regional governments in carrying out economic development. This research is conducted to determine the condition of economic growth in East Java Province with a population of 29 districts and 9 cities in the 2014-2018 observation period, the number of samples was 190 samples. The data analysis technique is carried out through the econometrics model with two stages, namely conducting a simultaneous regression analysis of the ordinary least square method, then for the second stage, an Arellano-Bond Generalized Method of Moment (GMM) analysis is carried out on the grounds that many economic variables are dynamic, This means that the value of a variable can be influenced by the value of other variables and is influenced by the value of the variable concerned in the past or previous period,in addition to knowing the short-term and long-term effects of economic growth. The findings of the study reveal that simultaneous economic growth in East Java Province is influenced by agglomeration, fiscal decentralization, poverty rates and human development index. Based on the results of the generalized method of moment arellano-bond analysis, the researchers find that fiscal decentralization have a partial effect on economic growth in the province of East Java with the impact of the elasticity of short-term and long-term economic growth values. In addition, researchers find that economic growth in East Java Province is influenced by the value of the variable itself (economic growth) in the previous period.
Increasing the rate of economic growth is one of the biggest goals for an area, because it affects macroeconomic conditions in the aggregate especially the level of public welfare. Law Number 32 of 2004 becomes empirical evidence that there is a transfer of responsibility from the central government to regional governments in carrying out economic development. This research is conducted to determine the condition of economic growth in East Java Province with a population of 29 districts and 9 cities in the 2014-2018 observation period, the number of samples was 190 samples. The data analysis technique is carried out through the econometrics model with two stages, namely conducting a simultaneous regression analysis of the ordinary least square method, then for the second stage, an Arellano-Bond Generalized Method of Moment (GMM) analysis is carried out on the grounds that many economic variables are dynamic, This means that the value of a variable can be influenced by the value of other variables and is influenced by the value of the variable concerned in the past or previous period,in addition to knowing the short-term and long-term effects of economic growth. The findings of the study reveal that simultaneous economic growth in East Java Province is influenced by agglomeration, fiscal decentralization, poverty rates and human development index. Based on the results of the generalized method of moment arellano-bond analysis, the researchers find that fiscal decentralization have a partial effect on economic growth in the province of East Java with the impact of the elasticity of short-term and long-term economic growth values. In addition, researchers find that economic growth in East Java Province is influenced by the value of the variable itself (economic growth) in the previous period.
This study aims to analyze the effect of the savings rate, population, human development index, and labor force participation rate on economic growth in Central Java Province from 2011 to 2018. This study uses a descriptive quantitative method with dynamic panel regression using the Gereralized Method of Moment Arrelano Bond. The use of this method is intended to determine the effect of each independent and dependent variable in the previous year on the dependent variable in the research year. The results of this study indicate that simultaneously the independent variable has a significant and positive effect on the dependent variable. Then there is an insignificant negative relationship between the saving rate and the population on economic growth. Furthermore, there is an insignificant positive relationship between the development index on economic growth and a significant positive relationship between the level of labor force participation on economic growth.
The aim of this research was to formulate a mechanism of relations between stakeholders in the management of the tourist village of Kandri. The analytical method used in this study was the Mixed Method by combining quantitative approaches and qualitative approaches to analyze data. Data collection was done by key informant interviews, field observations and literature studies. The technique for determining key informants was snowball method. In-depth interviews were used using Mactor to find out the mechanism of relations between stakeholders. The identification results show that there were 7 stakeholders involved in the development of Kandri tourism village. The Semarang City Office of Culture and Tourism was an actor center in relationships that occur between stakeholders in the development of tourism villages. The mechanism of relations between stakeholders was based on Auth and the institutional rules that are owned include relations of coordination, communication, and cooperation. Formulation of the relationship mechanism can be done by making a joint work program. The making of the program was driven by the Semarang City Office of Culture and Tourism based on the results of stakeholder needs analysis. The work program will be adjusted to the autonomy and institutional rules.
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