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All Journal Transformasi: Journal of Economics and Business Management
Try Santi Evelina Situmorang
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Analisis Kausalitas Kesejahteraan Masyarakat dengan Pertumbuhan Ekonomi di Provinsi Kalimantan Tengah Try Santi Evelina Situmorang; Alexandra Hukom
Transformasi: Journal of Economics and Business Management Vol. 3 No. 1 (2024): March : Journal of Economics and Business Management
Publisher : Universitas 17 Agustus 1945 Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56444/transformasi.v3i1.1435

Abstract

The purpose of this study is to investigate the causal relationship between economic growth and community welfare. The time series data used covers the years 2014-2023. Vector Error Correction Model (VECM) is the technique used for data analysis. The study found that although there is no substantial correlation between economic growth and community welfare, there is a causal relationship between the two, which suggests that the causal relationship is not unidirectional. In addition, only community welfare has a short-term impact on economic growth; there is no long-term relationship between the two.
Co-Authors Alexandra Hukom