Jurnal Ekonomi Kuantitatif Terapan
2023: Vol. 16, No. 2, Agustus 2023 (pp.187-360)

The The Effect of Inflation and Investment Growth Rate on Local Income in South Sumatra 2018-2020

Sukmini Hartati (Politeknik Negeri Sriwijaya)



Article Info

Publish Date
20 Apr 2023

Abstract

According to the national development mission, which calls for the realization of an independent, prosperous, and united society based on Pancasila and the 1945 Constitution. One of the strategies for improving the nation's standard of living is economic growth, involving local governments' use of natural resources and initiatives to increase products per capita. This study examines how regional original income in the Regencies/Cities of South Sumatra Province is affected by investment growth and inflation between 2018 and 2020, partially and simultaneously. The analysis in this study is done with panel data, which is a combination of cross-sectional and time-series data. Locally generate revenue is negatively impacted by the inflation rate, as this study demonstrates. Meanwhile, the rate of investment growth has a positive impact on local revenue. Local revenue is positively impacted by both inflation and the investment growth rate simultaneously.

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Journal Info

Abbrev

jekt

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Kuantitatif Terapan is an academic journal focused on publishing empirical research papers, with a particular emphasis on the use of quantitative analysis tools—such as econometrics, parametric and non-parametric statistics, descriptive statistics, input-output analysis, computable ...