Journal of International Conference Proceedings
Vol 5, No 2 (2022): BEFIC Conference Proceeding

Analysis of Government Expenditure and Private Investment on Economic Growth in Manado City

Pradipta Mandasari Parasan (Universitas Negeri Manado)
Viviane Manoppo (Universitas Negeri Manado)



Article Info

Publish Date
01 Aug 2022

Abstract

Regional Economic Development requires an important role from the Government and the Private Sector in driving the Economy in order to Increase Economic Growth as an Indicator of the Success of a Region. The Government through the allocation of Government Expenditure, and Private Parties through Domestic Investment and Foreign Investment are expected to be able to support regional economic growth. This study intends to examine how government spending and private investment affect Manado City's economic growth., the data used is secondary data from 2012-2021 obtained from the Manado Central Statistics Agency and the Manado City PTSP Investment Office. Ordinary Least Square (OLS), a multiple linear regression model, and the Eviews program were employed as the analysis approach in this study. The findings indicated that private investment has a significant influence on economic growth whereas government spending has no significant impact. Then, both public and private investment have an impact on economic growth.Keywords: Economic Growth, Government Expenditure, Private Investment

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Journal Info

Abbrev

JICP

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media

Description

JICP is proceedings series that aims to publish proceedings from conferences, in the fields of economics, business, and management research. All proceedings in this website are open access, which means the published articles are permanently free to read, download, copy, and distribute. The online ...