Transekonomika : Akuntansi, Bisnis dan Keuangan
Vol. 2 No. 6 (2022): November 2022

PENGARUH PENGELUARAN PEMERINTAH SEKTOR PUBLIK TERHADAP PERTUMBUHAN EKONOMI INDONESIA

Wahyuningrum, Putri Setyawati (Unknown)
Juliprijanto, Whinarko (Unknown)



Article Info

Publish Date
21 Sep 2022

Abstract

This research examines the effect of government expenditure on education, health, infrastructure, agriculture, and transportation on economic development in Indonesia between 1981 and 2020. This research uses yearly data (time series) taken from the Revenue and Expenditure Budget of the Indonesian Ministry of Finance. State Budget (APBN) and World Bank funds. Error Correction Model (ECM) is used to identify the long-term and short-term correlations between each variable in the data analysis approach. According to the findings of the study, there are no significant variables affecting economic growth over the short term; however, over the long term, government spending on the education sector has a positive and significant effect on economic growth, whereas government spending on the infrastructure sector has a negative and significant effect on economic growth. In the meantime, the factors that decide how much the government spends on sectors such as education, health, infrastructure, agriculture, and transportation have a major effect on the pace of long- and short-term economic growth.

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Journal Info

Abbrev

Transekonomika

Publisher

Subject

Economics, Econometrics & Finance

Description

Transekonomika : Akuntansi, Bisnis dan Keuangan, publish by Transpublika Research Center, for sources of information and communication for academics and observers about science and methodology. Published papers are the upshots of research, reflection, and actual critical studies with respect to the ...