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Journal : Jurnal Ekonomi

Fix effect sur to analyze economic growth in developed and developing countries Pratama, Muhamad Liswansyah; Fitriani, Rahma; Astutik, Suci
Jurnal Ekonomi & Studi Pembangunan Vol 24, No 1: April 2023
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v24i1.17821

Abstract

This study aims to identify the relationship between population density, inflation, and unemployment rates on the human development index, GNP, export-import, and urbanization in the developed and developing countries category using the Fix Effect Seemingly Unrelated Regression (FE SUR) with a dummy variable as the slope component. This research necessitates the development of the Seemingly Unrelated Regression model, specifically the Panel Seemingly Unrelated Regression (Panel SUR) model with a dummy variable as the slope component, due to the dynamic nature of the data and the fact that the same set of predictor variables explains the five response variables. The Panel, the Seemingly Unrelated Regression model with dummy variables, can accommodate research objectives where the SUR model can explain the influence between variables, differences in characteristics between countries can be explained by fixed effect models, and differences in the effect of population density, inflation, and unemployment rates on the human development index, GNP, exports imports and urbanization in the categories of developed and developing countries can be explained by slope dummy variables. The results showed that 98.46% of the diversity of response variables (human development index, GNP, exports, imports, and urbanization) could be explained by predictor variables (population density, inflation, and unemployment rate), while the other 1.54% was explained by other factors not included in the fixed effect SUR model. In addition, the results show that population density has a significant positive relationship with GNP, imports, and exports. However, there is a significant negative relationship between unemployment and GNP. There are large differences in the relationship between the unemployment rate and GNP in developed and developing countries, whereas in developed countries, there is a larger and negative relationship compared to developing countries.
Co-Authors Abdullah Abdullah Abu Bakar Sambah, Abu Bakar Achmad Efendi Ani Budi Astuti Ani Budi Astuti Ari Purwanto Sarwo Prasojo Atiek Iriany Aulia, Silvia Intan Azizah, Laila Nur Balqis, Nabila Azarin Bestari Archita Safitri Budiarti, Laelita Damayanti, Rismania Hartanti Putri Yulianing Darmanto Darmanto Darmanto Darmanto Dewi Kurnia Sari Dewi, Vita Rosiana Diego Irsandy Djihan Wahyuni effendi, Achmad Elok Pratiwi Eni Sumarminingsih Evellin Dewi Lusiana, Evellin Dewi Fachri Faisal Fahimah Fauwziyah Fairuz Zada Zayyana Fakhrunnisa, Atmadani Rahayu Fernandes, Adji Achmad Rinaldo Fitriani, Suci Handayani, Sri Heni Kusdarwati Henny Pramoedyo Henny Pramoedyo Henny Pramoedyo Husnul Khatimah Irsandy, Diego Ismi Chai Runnisa Isnani Darti Kusdarwati, Heni Lee, Muhammad Hisyam Lestari, Dwi Retno Loekito Adi Soehono Loekito Adi Soehono Lusia, Dwi Ayu Lusiana, Evelin Dewi Maharani, Adinda Gita Maisaroh, Ulfah Mashfia, Fidia Raaihatul Masrokhah, Dwi Maulana, Eka Dani Meilina Retno Hapsari Meilinda Trisilia Muhammad, Alifiandi Rafi Nanda Rizqia Pradana Ratnasari, Nanda Rizqia Pradana Negara, Nur Aminah Kusuma Ni Wayan Surya Wardhani Ni Wayan Surya Wardhani Nisa Dwirahma Widhiasih Novi Nur Aini Nur Iriawan Nurjannah Nurjannah Nurjannah Ola, Petrus Kanisius pramoedyo, henny Pratama, Muhamad Liswansyah Qurrotu A’yun Nafidah Rahma Fitriani Rahma Fitriani Rahmi, Nur Silviyah Ramifidisoa, Lucius Risda, Intan Fadhila Rohma, Usriatur Rozy, Agus Fachrur Salsabila, Imelda Saniyawati, Fang You Dwi Ayu Shalu Sera Yunarizal P Setiarini, An Nisa Dwi Shahuneeza Naseer, Mariyam Siti Nurmardia Abdussamad Solimun, Solimun Sugiono Sugiono Sumarminingsih, Eni Susanto, Mohammad Hilmi Susi Wuryantini Syalsabilla, Alya Fitri Theresia Mitakda, Maria Bernadetha Tiza Ayu Virania Viera Wardhani Wahyuni, Djihan Widiarni Ginta Sasmita Wulaida Rizky Fitrilia Wulaida Rizky Fitrilia Yarcana, Agus Zamelina, Armando Jacquis Federal Zerlita Fahdha Pusdiktasari