Perspektif : Jurnal Ekonomi dan Manajemen Universitas Bina Sarana Informatika
Vol 22, No 2 (2024): September 2024

Convergence of Economic Growth in The Bandung Metropolitan Area

Kharisma, Bayu (Unknown)
Wardhana, Adhitya (Unknown)
Hotma, Priscillya (Unknown)



Article Info

Publish Date
10 Sep 2024

Abstract

This study aims to determine the convergence and acceleration of growth to achieve steady-state conditions in the Bandung Metropolitan Area in 2010-2022. This research uses a quantitative descriptive approach by measuring variables and analyzing data statistically. Secondary data is used in this study to analyze convergence through panel data regression analysis and coefficient of variation. The results show that sigma convergence for the Bandung Metropolitan Area does not show convergence. The gap in the Bandung Metropolitan Area will decrease in less than 13 years. The absolute and conditional beta convergence results in the Bandung Metropolitan Area show convergence. Labor productivity is expected to accelerate economic growth due to the previous year's economic growth; the absolute beta convergence results do not significantly affect economic growth in the study year. Therefore, local governments are expected to focus on resource redistribution and infrastructure investment to increase the growth potential of lagging regions. In addition, investment in basic infrastructure such as roads, electricity, water, and health facilities should be increased in lagging regions to create conditions conducive to economic growth. Finally, encouraging inter-regional cooperation to share resources and knowledge can help lagging regions to catch up.

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Journal Info

Abbrev

perspektif

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Environmental Science Social Sciences

Description

Jurnal Perspektif pertama kali diterbitkan pada tahun 2013. Jurnal ini dimaksudkan sebagai media kajian ilmiah hasil penelitian, pemikiran dan kajian analisis kritis mengenai penelitian di Bidang Ilmu Sistem Informasi, Manajemen dan Ekonomi. Jurnal Perspektif menerbitkan 2 (dua) jurnal dalam setiap ...