dc.contributor.author | YULIADI, IMAMUDIN | |
dc.date.accessioned | 2017-08-28T06:02:29Z | |
dc.date.available | 2017-08-28T06:02:29Z | |
dc.date.issued | 2017-08-14 | |
dc.identifier.isbn | ISBN 978-986-89298-3-8 | |
dc.identifier.uri | http://repository.umy.ac.id/handle/123456789/13591 | |
dc.description | Economic performance is an assessment of its success in areas related to its assets, liabilities and overall market strength. Many countries take regular stock in either formal or less formal basis of the general economic performance of their countries to make sure that it remains on the right track financially. Economic performance can be seen from economic growth. Economic growth is an indicator to perceive a country’s performance whether in good or bad performance. The success of the development of a country can be seen from the level of economic growth. Therefore, each country always set target of high economic growth rates in the planning and development objectives. By high sustainable economic growth means as the main condition for sustainable development economy.
In the narrow sense, economic growth means the increase in total production of both goods and services. This is measured by the change in real gross domestic product (GDP) and by the change of real gross domestic product per capita. GDP is the total value of all final goods and services produce in a country in a one-year period. The value of GDP would give a view of how a country’s ability to manage and utilizing existing resources.
Indonesia is one of the developing countries in the world. As a developing country Indonesia has been joined as a member in G-20 major economies and classified as the newly industrialized country. Based on the data from world-bank in 2013, the gross domestic product of Indonesia reached 3,475.25 USD. Indonesia experienced a GDP growth of 5.8% per 2013, it is of course a good hope for the Indonesian’s government to realize the improvement of people's welfa | en_US |
dc.description.abstract | This study aims to analyze the factors influencing economic growth in Indonesia. The study employed the quantitative approach by using secondary data from 1981 to 2014. Analysis tool that is used in this study is Error Correction Model (ECM). Variables that are used namely Foreign Direct Investment (FDI), Export, Infrastructure (Road Length), and Inflation Rate, in which economic growth represented by Gross Domestic Product (GDP).
The result of this study indicates that Foreign Direct Investment (FDI) and export have positive and significant impact in short and long run. Meanwhile, both in short and long run, the inflation rate has negative and significant impact. The different result shows by infrastructure (Road Length) that has negative and insignificant relationship on economic growth in Indonesia, both in short and long run. | en_US |
dc.language.iso | en | en_US |
dc.subject | Foreign Direct Investment (FDI), | en_US |
dc.subject | Export, Infrastructure (Road Length), | en_US |
dc.subject | Inflation Rate | en_US |
dc.subject | Gross Domestic Product (GDP), | en_US |
dc.subject | ), Error Correction Model (ECM) | en_US |
dc.title | THE FACTORS INFLUENCING ECONOMIC GROWTH IN INDONESIA PERIOD 1981-2014 ERROR CORRECTION MODEL APPROACH | en_US |
dc.type | Article | en_US |