Multiplier Effects Analysis of Development on The High Speed Train Industry on Indonesia National Economic Growth

Abstract

Improvement high speed train in Java is one of Indonesia's national development priorities, aiming to reduce carbon emissions compared to conventional trains to stimulate growth and development in other economic sectors. This research aims to understand the influence of highspeed train industry development on other economic sectors The multiplier effect was calculated using input-output method. It found that producing 1 train set escalates economic output by IDR 1,16 Trillion; raises total income by IDR 180 Billion and generates 2.800 laborers. The results suggest that the participation of manufacturing industry in producing trains will impact the country's overall economic progress.