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THE IMPACT OF LAND, SEA, AND AIR TRANSPORTATION INFRASTRUCTURE ON ECONOMIC GROWTH IN G7 COUNTRIES Febriyanto, Aryo Dwi; Sasana, Hadi; Prakoso, Jalu Aji; Satriagasa, Muhammad Chrisna
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.90655

Abstract

This research analyzes the influence of road length, rail length, containers traffic, air freight, GFCF, and labor force on economic growth. This study uses quantitative methods with G7 countries as research objects during 2010-2021. Panel data consisting of 84 observations was analyzed with the help of Eviews12 software. The statistical analysis used in this research is the Ordinary Least Square (OLS) method, with the Fixed Effect Model chosen as the best model for interpreting the research results. The findings show that the road length, container traffic, air freight, GFCF, and the labor force have a positive and significant influence. Meanwhile, only the rail length does not have a significant effect on economic growth. Based on the results of this research, the theoretical implication of this research is the development of transportation infrastructure, especially road length, containers, air freight, GFCF, and labor force can increase economic growth in a country. So countries must consider spending on developing transportation infrastructure. Meanwhile, practically, this research can be used as study material in considering infrastructure development because the negative impact caused by errors in infrastructure development can be a waste of budget.
Co-Authors A.A. Ketut Agung Cahyawan W Ade Riana Afriyanti Afriyanti, Afriyanti Amanda Mastisia Rakanita, Amanda Mastisia Ana Hilmiatu Ro’fah Andi Rokhmat Anggraeni Purnama Dewi Astuti, Hanida Widi Atika Atika Atika Nur Hidayah Aulia Rahmadinisyah Bharata, Risma Wira Budi Hartono Catarina Wahyu Dyah Purbaningrum, Catarina Wahyu Dyah Deni Ramdani, Deni Dita Ayu Anantika Dul Muid Dwi Ratnasari, Emma Edy Yusuf Agung Gunanto Erika Fachry Abda El Rahman Fathoni, Salman Febriyanto, Aryo Dwi Firmansyah Firmansyah Hastarini Dwi Atmanti Hati, Dhinny Faadhilah Handayani Permata Heny Hidayati Imam Aziz Ardhyanto Imsak Rochmadi Isnaini, Avivah Jihad Lukis Panjawa Kurnia, Melati Intan Kusumastuti, Ira Lunawati, Asyifa Lutfiana Fiqry Ichvani Majid, Rifaldi Masykuri, Alfan Taufiq Maula, Rina Rahma Maxilla Narda Bentari Muliyawati, Ailin Muttaqin, Aris Anwaril Novitaningtyas, Ivo Nugroho SBM Nur Herawati Nur Indah Komala Nur ‘Azah Nurani, Laras Budhi Nuwun Priyono Panji Kusuma Prasetyanto Prakoso, Jalu Aji Prasetyanto, Panji Kusuma Prayoga, Gian Prima Negara, Julius Galih Purbayu Budi Santosa Ramdani, Deni Ratri Furry P.R Rita Dewi Anggraeni Purnamasari Rohmah, Ifa Nur Ro’fah, Ana Hilmiatu Rudibdo Rudibdo Saputri, Ardianti Suci Sari, Mely Novita Satriagasa, Muhammad Chrisna Septiani, Yustirania Shafhah Meiska Putri Shelina, Charisa Febby Shofwan Bahar Sholikhah, Agustiyana Lailatus Siti Rohmah Stephen Arya Dwipa Sugiharti, Retno Tri Wahyu Rejekiningsih Ulfa Nadra Wilda Nur Amelia Yesaya Rudolf Susanto Widyanto Yudhan, Muhammad Ilham Yuliani Setyaningsih Zaenal Arifin, Muhammad Zahrina Zata Lini