Does Social Capital Affect the Convergence of Economic Growth in Indonesia

Ibrahim, Nasir; Muhammad, Syaifullah; Hasyim, Sirojuzilam; Jamal, Abd.

doi:10.18374/jibe-19-1.7

Cited by 1 publication

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“…e estimation results show that the analysis and management of the convergence of economic growth are beneficial to the rapid growth of the regional economy [11]. Godowsky applied descriptive statistics and multiple regression methods to study economic growth and business environment in EU countries in the context of economic convergence processes.…”

Section: Introductionmentioning

confidence: 99%

Convergence Spatial Measurement of Economic Growth Based on Big Data

Jin

Yan

Zhao

2022

Mobile Information Systems

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Economic growth has always been one of the hottest topics in economic research. Behind the rapid economic growth, the economic gap between regions is gradually widening, and the internal gap will have an impact on the overall coordination of economic growth. Research on the convergence of economic development and its causes has great strategic significance for narrowing the differences in raising economy among regions. In recent years, the impact of big data on economic analysis has become more and more obvious, and this fact has attracted the attention of the academic community. Big data are a new strategic resource and a tool for assessing economic trends. Adding big data technology to the research on the convergence raise of economics can predict the law of data changes, reduce data errors, optimize research results, and provide a more scientific basis for the coordinated development of regional economies. Based on big data theory and technology, this paper uses a spatial econometric model to empirically analyze the convergence of regional economic growth and its influencing factors. The experimental results show that the research on the convergence mechanism and spatial relationship of economic growth in the context of big data can improve the accuracy of the convergence analysis of economic growth to a certain extent. Through modeling analysis, the accuracy of economic convergence is improved by 4.1%. The utilization of big data in a trend of economic development makes the analysis results more reasonable and has greater reference value.

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Section: Introductionmentioning

confidence: 99%