Dyan Ari Iswanto
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PERTUMBUHAN EKONOMI DAN PENGANGGURAN: VALIDITAS HUKUM OKUN DI INDONESIA Dyan Ari Iswanto; Ghozali Maski
Jurnal Ilmiah Mahasiswa FEB Vol 1, No 2: Semester Genap 2012/2013
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

This study tested the validity of Okun's law in the Indonesian economy by using the difference version of Okun's law to get Okun coefficient. Moreover, the causality test was also conducted to determine the direction of the relationship variables of economic growth and unemployment. By using the Ordinary Least Square (OLS) analysis and Granger Causality Test it was concluded that the Okun's law proved to be invalid in the indonesian economy as Okun coefficient significance level is quite small. But economic growth variables shown to affect the unemployment variable statistically. Keywords: Economic Growth, Unemployment, Okun's Law, Granger Causality
PERTUMBUHAN EKONOMI DAN PENGANGGURAN: VALIDITAS HUKUM OKUN DI INDONESIA Iswanto, Dyan Ari; Maski, Ghozali
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study tested the validity of Okun's law in the Indonesian economy by using the difference version of Okun's law to get Okun coefficient. Moreover, the causality test was also conducted to determine the direction of the relationship variables of economic growth and unemployment. By using the Ordinary Least Square (OLS) analysis and Granger Causality Test it was concluded that the Okun's law proved to be invalid in the indonesian economy as Okun coefficient significance level is quite small. But economic growth variables shown to affect the unemployment variable statistically. Keywords: Economic Growth, Unemployment, Okun's Law, Granger Causality