Gorontalo Development Review
Volume 7 Nomor 2 Oktober 2024

Analysis of Convergence and the Scenarios of Economic Growth in Indonesia Using System Dynamic Approach

Zulita, Nur Avia (Unknown)
Prianto, Fajar Wahyu (Unknown)
Riniati, Riniati (Unknown)
Wiryaningtyas, Dwi Perwitasari (Unknown)



Article Info

Publish Date
01 Oct 2024

Abstract

This study aims to determine whether there is sigma convergence and beta convergence in Indonesia, to determine the effect of electricity infrastructure, human development, and ICT on convergence of economic growth, and to determine the scenario that can accelerate economic growth in Indonesia. The data used in this study is secondary data. The methods used are convergence analysis, panel data regression analysis, and dynamic system approach. The results showed that there was sigma convergence and no beta convergence in Indonesia in 2013-2022. Electricity infrastructure, human development, and ICT have not been able to encourage convergence of economic growth with electricity infrastructure having a significant negative effect, human development having a significant positive effect, and ICT having an insignificant negative effect. Scenarios that can be done to accelerate economic growth are structural scenarios and parameter scenarios.

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Journal Info

Abbrev

gdrev

Publisher

Subject

Economics, Econometrics & Finance

Description

Gorontalo Development Review (GOLDER) adalah Jurnal yang dipublikasi oleh Fakultas Ekonomi Universitas Gorontalo. GOLDER diharapkan dapat membantu pemangku kepentingan dan pengusaha serta akademisi dalam hal melahirkan berbagai kebijakan yang di peruntukkan bagi pengembangan pembangunan daerah ...