Determinan Pertumbuhan Ekonomi Dalam Model Perekonomian Tiga Sektor
Keywords:
Economic growth, consumption, investment, government expenditure, Panel Data.
Abstract
This study aims to analyze the determinants of economic growth on the three sector economic model. The research method used is a quantitative method with panel data regression analysis using STATA 15.0 software. This study uses secondary time series data for the period 2006-2018. The results of this study explain that consumption has an influence on economic growth between regions in Riau Province. In addition, investment and government expenditure variables do not have an influence on economic growth between regions in Riau Province.
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References
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Baltagi, B. H. (2008). Economic Analysis of Panel Data (4th ed.). Chichester, United Kingdom: John Willey & Sons.
Bonsu, C. O., & Muzindutsi, P.-F. (2017). Macroeconomic Determinants of Household Consumption Expenditure in Ghana: A Multivariate Cointegration Approach. International Journal of Economics and Financial Issues, 7(4), 737–745. Retrieved from http:
Bozkurt, C. (2014). Money, Inflation and Growth Relationship: The Turkish Case. International Journal of Economics and Financial Issues, 4(2), 309–322. Retrieved from www.econjournals.com
Castellani, V., Beylot, A., & Sala, S. (2019). Environmental impacts of household consumption in Europe: Comparing process-based LCA and environmentally extended input-output analysis. https://doi.org/10.1016/j.jclepro.2019.117966
Du, L. (2015). Positive correlation between government expenditure and real interest rate: Testing Ramsey Model based on American and Chinese data. Procedia Economics and Finance, 30, 202–212. https://doi.org/10.1016/S2212-5671(15)01287-3
Dudzevičiūtė, G., Šimelytė, A., & Liučvaitienė, A. (2018). Government expenditure and economic growth in the European Union countries. International Journal of Social Economics, 45(2), 372–386. https://doi.org/10.1108/IJSE-12-2016-0365
Gürsoy, F., Sekreter, A., & Kalyoncu, H. (2013). FDI and Economic Growth Relationship Based on Cross-Country Comparison. International Journal of Economics and Financial Issues, 3(2), 519–524. Retrieved from www.econjournals.com
Irfa, M., Attari, J., & Javed B D A, A. Y. (2013). Inflation, Economic Growth and Government Expenditure of Pakistan: 1980-2010. Procedia Economics and Finance, 5, 58–67. https://doi.org/10.1016/S2212-5671(13)00010-5
Jhingan, M. L. (2010). The Economics of Development and Planning. In Ekonomi Pembangunan dan Perencanaan.
Makiela, K., & Bazoumana Ouattara. (2018). Foreign direct investment and economic growth: Exploring the transmission channels. 296–305.
Mankiw. (2013). Mankiw Principles of Economics. In Journal of Chemical Information and Modeling (Vol. 53). https://doi.org/10.1017/CBO9781107415324.004
Mankiw, G. N. (2012). Macroeconomics (8th ed.). New York: Worth Publishers.
Marques, A. C., Fuinhas, J. A., & Pais, D. F. (2018). Economic growth, sustainable development and food consumption: Evidence across different income groups of countries. Journal of Cleaner Production, 196, 245–258. https://doi.org/10.1016/j.jclepro.2018.06.011
Nafziger, E. W. (2012). Economic Development. In Economic Development (5th ed.). https://doi.org/10.1017/CBO9781139028295
Sukirno, S. (2005). Makroekonomi Modern: Perkembangan Pemikiran Dari Klasik Hingga Keynesian Baru. In Jakarta, Rajawali Pers.
Sunde, T. (2017). Foreign direct investment, exports and economic growth: ADRL and causality analysis for South Africa. 434–444.
Sweis, K. M. H., Sabri, T. B., & Suos, N. L. (2018). The Effect of Economic Sectors in the Palestinian Gross Domestic Product (Case Study: 1995-2014). International Journal of Economics and Financial Issues, 8(2), 54–61. Retrieved from https://www.econjournals.com/index.php/ijefi/article/view/6073/pdf
Tabassum, N., & Ahmed, S. P. (2014). Foreign Direct Investment and Economic Growth: Evidence from Bangladesh. International Journal of Economics and Finance, 6(9), 117. Retrieved from http://ccsenet.org/journal/index.php/ijef/article/view/37566/22025
Thi Nguyen, C., Minh City, C., & Thi Trinh, L. (2018). The impacts of public investment on private investment and economic growth Evidence from Vietnam. Journal of Asian Business and Economic Studies, 25(1), 2515–2964. https://doi.org/10.1108/JABES-04-2018-0003
Published
2020-06-19
How to Cite
Darwin, R. (2020). Determinan Pertumbuhan Ekonomi Dalam Model Perekonomian Tiga Sektor. Jurnal Akuntansi Dan Ekonomika, 10(1), 31-40. https://doi.org/10.37859/jae.v10i1.1921
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Articles
Copyright (c) 2020 Jurnal Akuntansi dan Ekonomika
This work is licensed under a Creative Commons Attribution 4.0 International License.
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