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All Journal FINANCE : International Journal Of Management Finance Jejak: Jurnal Ekonomi dan Kebijakan
Sholikhah, Anna Uswatun
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Economics, Econometrics & Finance

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Determinants Of Economic Growth In Central Java 2018 - 2023 Sholikhah, Anna Uswatun; Deden Dinar Iskandar
Finance : International Journal of Management Finance Vol. 2 No. 2 (2024): December
Publisher : Publikasi Inspirasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62017/finance.v2i2.56

Abstract

The economy of a region is assessed based on its economic growth, which is a measure of the success of development in the region. Economic growth is a long-term increase in per capita production that reflects the dynamics of the economy. Evaluating economic growth is an important metric to assess the progress of a region, where the economy of a region will be better if its economic growth is faster. This study aims to analyze four factors that influence economic growth, namely: 1) the influence of the labor force, 2) the influence of years of schooling, 3) the influence of population density, and 4) the influence of the Human Development Index (HDI). This research is a quantitative study using secondary data from BPS for the period 2018-2023 and panel data regression analysis with Eviews 12. The results showed that: 1) the labor force has a significant positive effect on economic growth, 2) length of schooling has a significant positive effect on economic growth, 3) population density has a significant negative effect on economic growth, and 4) HDI has a significant positive effect on economic growth.
A VECM Study on Impact of Electricity Consumption in ASEAN Susilowati, Indah; Sawo, Tirsa Erfani Pujiastuti; Himma, Nurrosyida Latifa; Sholikhah, Anna Uswatun
JEJAK Vol. 18 No. 1 (2025): March 2025
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v18i1.8043

Abstract

The objective of this study is to identify the long-term and short-term relationships between electricity consumption and employment, human welfare, and information and communication technology. The study uses panel data from ASEAN countries, covering 2015 to 2022. The sample consists of 8 countries with complete data for each variable within the specified period. Based on the results of testing using the Vector Error Correction Model, in the long term, electricity consumption has a significant positive relationship with employment and human welfare, which is proxied by the Human Development Index and Happiness Index. On the other hand, the relationship between electricity consumption and information and communication technology (ICT), proxied by the number of mobile cellular subscriptions, shows a significant negative result. In the short term, electricity consumption does not affect employment, human welfare, or information and communication technology. These results indicate that electricity consumption does not directly impact the improvement of human welfare but influences income levels directly through increased production processes and consumption of goods and services.
Co-Authors Deden Dinar Iskandar Himma, Nurrosyida Latifa Indah Susilowati Sawo, Tirsa Erfani Pujiastuti