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All Journal Journal of Economics, Business, & Accountancy Ventura Enrichment : Journal of Management Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Cita Ekonomika: Jurnal Ilmu Ekonomi International Journal of Social Service and Research eCo-Fin Jurnal Penelitian Ilmu Ekonomi dan Keuangan Syariah
Teddy Christianto Leasiwal
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Religion Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences

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The Effect of Saving and Investment to Economic Growth in Maluku Province Teddy Christianto Leasiwal; Bin Raudha A. Hanoeboen; Celine Tamaela; Abdul Aziz Laitupa; Lussi Lopies
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 4, No 4 (2021): Budapest International Research and Critics Institute November
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v4i4.3506

Abstract

This study aimed to analyze the effect of saving and investment to economic growth in Maluku Province. The data used in this research is secondary data obtained from the Central Statistics Agency and Bank Indonesia for the 2015-2019 period. Data analysis using data-panel regression analysis. The results of this research found that saving had a positive and significant effect to economic growth and investment had a positive and insignificant effect to economic growth in Maluku Province. Savings are positively and significantly related to economic growth because the average income of the people in Maluku Province is used for consumption and in savings. Investment is positively and not significantly related to economic growth because when there is investment there is employment, but the absorption of labor is not optimal so that investment is not significant in the reality.
Co-Authors Abdul Aziz Laitupa Ali Tutupoho Amaluddin Amaluddin Andre Sapthu Bin Raudha A. Hanoeboen Bin Raudha Arief Hanoeboen Celine Tamaela Febriyano Saptenoo Fransisca Soselissa Hendry D Hahury Julista Mustamu Lisye Magdalena Liur Lussi Lopies Lussi R Loppies Merry Tjoanda Muhamad Subhan Nurhayati Renhoran Paudra Agus Wibowo Selvenco Frans Tuasuun Sondang Siahaan