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Journal : Asian Journal of Management Analytics

Determinants of Regional Economic Growth in Twenty Provinces in Indonesia Using a Data Panel Approach A.Nur Fitrianti; Retno Fitrianti; Andryirawan Yakub; Andi Sopian; Hamka, Hamka; A.Baso Aditya Sapanang
Asian Journal of Management Analytics Vol. 3 No. 3 (2024): July 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v3i3.9662

Abstract

The Western and Central Indonesia Regions are far superior when compared to the Eastern Indonesia Region. This is a result of a number of factors, including variations in development spending, the quantity of balancing funds, population, level of investment in the area, and the region's natural resources. The purpose of this study is to investigate and evaluate the effects of macroeconomic factors, the status of oil-rich regions, and regional government spending on regional economic growth. This analysis employs a static panel and dynamic panel approach (VECM panel). The research uses data from 20 provinces in Indonesia between 2008 and 2018, which includes complete data from 34 provinces. The study's findings demonstrate that long-term (VECM panel) spending on education, agriculture, general allocation funds, population, and foreign investment has a positive impact on regional economic growth, while spending on health, fisheries, and maritime has a negative impact. According to studies conducted using a static panel, foreign direct investment and spending on foreign direct investment, education, agriculture, fisheries, and maritime affairs have a positive impact on regional economic growth, while the General Allocation Fund has a negative impact. Research has demonstrated that the dummy variable representing regional status has a positive impact on regional economic growth. The government ensures that the state budget is allocated more optimally to overcome this problem inequality in obtaining opportunities in the education and health sectors through improvement public infrastructure services.
Economic Growth, Wages and Education Levels on Labor Absorption in Districts/Cities in South Sulawesi Province Hamka, Hamka; Fitrianti, Retno; Yakub, Andryirawan; Sopian, Andi; Sapanang, A. Baso Aditya; Fitrianti, A. Nur
Asian Journal of Management Analytics Vol. 3 No. 3 (2024): July 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v3i3.9832

Abstract

An analysis of the impact of economic growth, wages, and education levels  on workforce absorption in the regencies and cities of South Sulawesi. The objective of this study is to examine the impact of economic growth, wages, and education level on workforce absorption in regions with low unemployment rates. Additionally, it aims to investigate the influence of economic growth, wages, and education level on employment absorption in regions with high unemployment rates. Furthermore, the study will analyze the sectoral elasticity of the workforce in both low and high unemployment regional groups. This study employs a Panel Regression of Random Effect Model with a Generalized Least Square (GLS) Approach and Elasticity using a five-year panel data from 24 regencies and cities in South Sulawesi. The findings indicate that in the regional group with low unemployment, wages have a positive and significant impact on workforce absorption, while the level of education has a negative and significant impact. In the regional group with high unemployment, both economic growth and educational level have a positive and significant impact on workforce absorption. Additionally, the agricultural sector exhibits the highest workforce elasticity in the regional group with low unemployment, while the trade sector shows high elasticity in the regional group with high unemployment.
The Role of Good Governance for Economic Growth in ASEAN Sapanang, Baso Aditya; Fitrianti, Retno; Yakub, Andry Irawan; Sopian, Andi; Hamka, Hamka; Fitrianti, A. Nur
Asian Journal of Management Analytics Vol. 3 No. 3 (2024): July 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v3i3.9833

Abstract

The role of the government in implementing Good Governance or effective government management is to strive for the improvement of a country's economic growth towards a better direction. Good governance quality will create efficient market mechanisms, hence promoting sustainable economic growth. The purpose of this study is to analyze the impact of government governance on economic growth in the ASEAN-6 countries. The data in this study is sourced from the Worldwide Governance Indicator provided by the World Bank. Using cross-sectional data from 6 ASEAN countries and time series data over the period 2006-2020. The best model for panel data regression is the Fixed Effect Model (FEM). Based on the findings of this study, it was determined that the variable with no significant impact on economic growth in the 6 ASEAN countries is government effectiveness. Meanwhile, the variables of rule of law, control of corruption, and political stability and lack of violence /terrorism has a significant influence on economic growth in the 6 ASEAN countries.
Co-Authors . NURFAIDA A.Baso Aditya Sapanang A.Nur Fitrianti Abd. Rasyid Syamsuri Abdul Hapid Abdul Rahman Abu, Ardillah Acong, Ahmad Adawiyah Pettalongi Adiputra, Herlangga Aditama, Andreas Yoga Adnan, Nur Adrun, Muhammad Afianti, Afifa Suci Aghniyah, Nurul Agustan, Agusta Ahmad Efendi Ahmad Fahrudin Ahmad Syahid Ahmad, Firdayanti Amaliyah Ahmad, Ratna Aisyah Arsyad, Aisyah Akhbar Akhbar Akhirul, Ramadani Al-Amri, Jihan Salim Alexis, Mizero Alya Mistiara Salsabila Amar Rizqi Afdholy Aminuyati Andi Sahri Alam ANDI SOPIAN Andriani, Odilia Angly Andryirawan Yakub Angriyani, Silma Aniq Hudiyah Bil Haq, Aniq Hudiyah Bil Aniroh, Zeni Anita Novi Yanti Anwar Anwar Ardiyansyah Ardiyansyah Arifin, Asriadi Arinda, Icha Bunga Ariyanti Ariyanti Arman Maiwa Aryadi Aryadi As, Asrar Asgar Taiyeb Askar Askar, Askar Asmi Citra Malina A.R Tassakka, Asmi Citra Malina A.R asrar Asrofi, Asrofi Asropi Asropi Atika, Nur Awaluddin Zidane, Muhammad Ayu, Nur Azhar, Muh. Zaim Aziz, Farid Abdul Aziz, Imam Nur Azma, Azma Bahtiar Bahtiar Bary, M. Atta Basri Basri Bau Toknok Bayu Prasetyo, Bayu Bernatal Saragih Bonewati, Yulia Irwina Burhan, Asmat Burhanuddin Burhanuddin Chahyono, Chahyono Chair, Ummul Damayanti, Desita Dyah Danial, Hendra Pratama Darman Manda Manda Darmans, Silvia Debbie Affianty Delly Mustafa Deny Sumarna, Deny Devi Yuliantina Devi, Kadek Jeny Femila Devita Elsanti Dewi Wahyuni Dewi, Asmila Dewiyanti, Dewiyanti Dhiaul, Asyraf Dila, Sandi Dina Oktaviana Dini Andriyani Dongoran, Siti Rahma Edy Sutrisno Edy Wibowo Kurniawan EFENDI, MUHAMMAD RIZAL Eka Firmansyah eko, ardi Emmawati, Aswita Eril, Eril Ernawati Ernawati Erniwati , Erniwati Fajar Sidik Fandi Nugroho Farida Aryani Farok Firdaus Firdaus Fitrianti, A. Nur Furqan, Andi Al Giyanto , Bambang Golar Golar Gracia, Vita Gst. Kade Adi Widyas Pranata Gunawan, Fahrul Hamlan, Hamlan Hamzari Hamzari Haq, Alfiza Fakhriya Hardianti Hardianti, Hardianti Hariani Hariani, Hariani HARMILAWATI Hartanto, Dimas Hartini, Dewi Sri Hasan, Adnan Hasanah, Maulida Rizki hasnia, Hasnia Hasratin, Hasratin Hendra Pribadi Hermadin, Hermadin HERNI, HERNI Hidayat, Riski Hijria, Nur Hijriani, Hijriani Hina, Hermyn Benny Hulu, Amati Eltriman Hutahean, Saimarito Ida Arianingsih Imran Rachman Indah Susanti Indra Haryanto Ali Indradewa, Rhian Irmayani Irmayani Istiqamah, Nurul Jasman Jasman Jiao, Deng Juariah Juariah Juharni, Juharni K., Abd. Halim Kahar, M. Iksan Kartika Megawati Kartika Sari Kasmaida kasmaida Kasman, Nuraini Kasmiati Kasmiati Katuuk, Andi Herlina, Harry Khairussidqih, Sayid Khalil, Abdelmajid Idris Mohammed Khumaini, Iqbal khusnul khotimah Kim Chi, Do Thi Kotambunan, Jesica KURNIA KURNIA, KURNIA Kusnadi La Ane, Sarni Yanti Ladiva, Ladiva Lamaniu, Moh Galang Lareke, Amir A Lisnawati, Andi Lubis, Rayendriani Lugica, Lugica Lukman Hakim M. Kurniawan, M. M. Yamin Mahendra, Try Mahir S Gani, Mahir S Mahmud, Nurlaelah Male, Sitti Nurzahra Malla, Hamlan Andi Baso Maria Naibaho, Netty Mashuri, Saepuddin Maulida Rachmawati Mika Debora Br Barus Misbahuddin Misbahuddin Misrah Misrah Mohehu, Fazri Muhammad Akmal Muhammad Darwis Dasopang Muhammad Farid Muhammad Fikri Al Hanif Muhammad Hilali Basya Muhammad Pauzan Muhammad Risal, Muhammad Muhammad Saleh Muhammad Thohri, Muhammad Muis B, Abd. Mukarromah, Mukarromah Mulfa, Risnawati Mursalim, Ernawati Muslimin Kara Musran Munizu Muthmainnah , Muthmainnah Nahlah, Nahlah Naibaho, Netty Maria Najamuddin Najamuddin, Najamuddin Nasanah Lamaligi, Michael Eras Nasution, Aisyah Ndibo, Ema Fitria Nisa Rachmah Nur , Anganthi Nisa, Pia Khoirotun Ni’mah, Siar Novianti Novianti Nugroho, Agung Yuliyanto Nulipata, Muslimin Nur R, Nofa Safitri Nurhayati Nurhayati Nurseptyanti, Annisa Asyifa Nurwijayanti P. Candra, Krishna Pada , Andi Tenri Palaguna, Jumadil Pamungkas, Ratna Johari Patmawati Patmawati, Patmawati Ponardi, Ponardi Popang, Elisa Ginsel Pratama, Adnan Putra Pratama, Muh. Rafli Priyana, Haris Purnama, Atmaranie Dewi Purwaningsih, Retna Purwati Purwati Puspitaningrum, Windhy Puspitaningtyas, Dyah Ayu Putri, Fingkan Aulia R, Dandy Adriansyah Rabiatul Adawiah Rahman Ambo Masse Rahman, Mujibu Rahmawati, Rahmawati Rahmayanti, Siti Ramadan, Fajar Ramdani , Aulia Ratna Susanti Ratri Istania Raziq, Abd. Retno Fitrianti Rindawati, Rindawati Rizky Purnama Rizqo Abdillah, Ahmad Rudito Rudito Rukmi Rukmi Rusdin Rusdin Rusmin Rusmin Rustam, Aswar Saifullah Saifullah Sandi Sandi Sapanang, A. Baso Aditya Sapanang, Baso Aditya Sari, Yudya Kurnia Sarnawiah, Sarnawiah SATRIANI, INDRA Saude Saude Sebayang, Septian Mixrova Setiadi, Dandi Sifatullah, Nur Silva, Vanessa A Breu Da SINAGA, YUSNI Siradjuddin, Siradjuddin Siregar, Rahma Weni Sofyan Sofyan Solly Aryza Sopian, Andi Sri Minda, Sri Sri Rahayu, Neneng Sri Winarni St Hidayah Triana Suardi, Nurul Fadhillah Sudiarti, Leni Suen, Mein-Woei Sukmawati Mardjuni Sukmiyati Agustin Sukoco, Hendro Sumarmi Suryo Tri Harjanto Susanti, Tere Adi Susilawati, Susilawati Susilowati, Tri Indah Susmiranti, Andi Syamsuria, Syamsuria Syarif Hidayat Amrullah Syauqi, Anis Syukur Umar Tangkearung, Mersi Usni, Usni Utomo, Sulistyo Budi Vijay Kumar Warman, Dicky Aditya Wulandari, Natasya Wulandasyah, Desi Yakub, Andry Irawan Yakub, Andryirawan Yamin, Muh Yanti, Rahma Yany, Muhamad Yany, Muhammad Yudilestari, Eka Putri Yusuf Yusuf Yusuf, Rezky Aulia Zainuddin, Zainuddin Zakiyah Ananda Kurniafasari Zamroni, Ahmad Zhang Wei Zulkaidhah, Edha