Pengaruh Investasi dan Belanja Modal terhadap Pertumbuhan Ekonomi di Provinsi Jawa Tengah

Abstract

Economic growth in Central Java Province is the lowest when compared to other provinces in Java. This study aims to analyze the effect of foreign direct investments, domestic direct investment and capital expenditure on economic growth in Central Java Province. This study uses secondary data from 35 regencies / cities in Central Java Province with a period of 2013-2018. The research method uses multiple line regressions with eviews application. The results showed that foreign direct investments and capital expenditure have a positive and significant effect on economic growth and domestic direct investment have a positive and not significant effect on economic growth in Central Java Province. The implication in this study is that region governments must increase investment from abroad and use capital expenditure effective and efficient in order to encourage economic growth.

The Impact of Labor, Investment, and Human Development Index on Economic Growth: A Study of East Kalimantan Province

“…The data demonstrates a negative link between a 1% rise in PMDN and a 5% decline in GDP, as well as a 1% decrease in PMDN and a corresponding 5% increase in GDP. The conclusions of this study diverge from previous studies conducted by (Yunita & Ulfa Sentosa, 2021), (Suharlina, 2020) dan (Winarni et al, 2020) This study examines the relationship between PMDN (Penanaman Modal Dalam Negeri) and economic growth in Indonesia. The significance of domestic investment in relation to GDP growth can be deduced by considering the substantial magnitude of capital creation and the comparatively limited extent of government expenditure on consumption, in comparison to the scale of capital formation.…”

“…This allocation is made with the purpose of replacing and enhancing existing capital goods and production equipment within an economy. The ultimate goal of investment is to facilitate the creation of goods and services in the future (Winarni et al, 2020) and (Wahyu Agustin & Cahyono, 2017)…”

Analisis Dana Perimbangan dan Pendapatan Asli Daerah terhadap Belanja Daerah di Kabupaten Mamasa

“…Hal ini tidak terlepas dari kinerja keuangan yang mencakup stabilisasi dana Perimbangan dan Pendapatan Asli Daerah terhadap Belanja Daerah (Sulistyo, 2018). Kinerja keuangan merupakan salah satu contoh keberhasilan suatu perusahaan, yang dapat diartikan sebagai hasil dari berbagai kegiatan yang telah dilakukan (Lambe & Tandi, 2021); (Winarni et al, 2020).…”

Pattern Side of Employed of Low-Educated and High-Educated Workers in Indonesia: A Binary Logistic Regression Approach

“…Sari (2016) stated that investment could increase economic activities, employment absorption, national income, and living standards for the community. Increasing economic growth will create an increase in the ability of a country to create goods and services (Winarni et al 2020). Increased investment will remind aggregate demand where aggregate demand can lead to increased production capacity to follow it in the required workforce.…”