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primary topic: Econometric Model of Economic Growth in Indonesia Using the SYS and FD GMM Approach

Econometric Model of Economic Growth in Indonesia Using the SYS and FD GMM Approach
type: AcademicArticle
type: Article
abstract: This study aims to determine the model of Indonesia's economic growth in 2013-2022 with dynamic panel data through the SYS-GMM and FD-GMM approaches, so that the variables that influence short-term and long-term economic growth can be identified. The research method used is quantitative descriptive analysis. The data used comes from the Central Statistics Agency of 34 provinces in Indonesia 2013-2022. This study found that economic growth was significantly positively influenced by the variables of inflation, foreign investment, and household consumption. Economic growth is significantly negatively affected by domestic investment variables, regional minimum wages, and open unemployment rates. Inflation, foreign investment, and household consumption have short term impacts on economic growth, while domestic investment, regional minimum wages, and the open unemployment rate have long-term impacts on economic growth. Research finds economic growth is influenced by the previous year. The policy implication is that the government focuses on factors that increase economic growth.
volume: 19
issue: 2
is part of: EKO-REGIONAL: JURNAL PEMBANGUNAN EKONOMI WILAYAH
status: peerReviewed
status: published
author list: authors
creator: Endang Endang
type: EPrint
type: ArticleEPrint
is part of: repository
has document: Econometric Model of Economic Growth in Indonesia Using the SYS and FD GMM Approach (Text)
subject: HB Economic Theory

Econometric Model of Economic Growth in Indonesia Using the SYS and FD GMM Approach (Text)
type: Document
has file: LIT 2024 September Siti Alfiyana,Hartiningsih Astuti, Joko Hadi Susilo, Endang.pdf
has part: LIT 2024 September Siti Alfiyana,Hartiningsih Astuti, Joko Hadi Susilo, Endang.pdf

EKO-REGIONAL: JURNAL PEMBANGUNAN EKONOMI WILAYAH
type: Organization

EKO-REGIONAL: JURNAL PEMBANGUNAN EKONOMI WILAYAH
type: Collection
issn: 26208849

Alfiyana(2026) Siti Alfiyana
type: Person
given name: Alfiyana(2026)
family name: Siti Alfiyana

Endang Endang
type: Person
given name: Endang
family name: Endang

Universitas Bojonegoro
type: Organization

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primary topic: Econometric Model of Economic Growth in Indonesia Using the SYS and FD GMM Approach

HB Economic Theory
type: Concept