Outline Journal of Economic Studies
Vol. 4 No. 1: October - March 2025

Analysis Analysis of Leading Sectors in Binjai City Using the Location Quotient (LQ) And Shift Share Method

Siburian, Rowinna (Unknown)
Angela Anggraini (Unknown)
Muammar Rinaldi (Unknown)



Article Info

Publish Date
09 Mar 2025

Abstract

This article analyzes the leading sectors of Binjai City using the Location Quotient (LQ) method based on Gross Regional Domestic Product (GRDP) data from 2019 to 2023. Secondary data was collected from the Central Statistics Agency (BPS) using a quantitative approach. The results of the analysis show that sectors with an LQ value above 1 have the potential to become the basis of the economy, especially the Mining and Quarrying sector which will reach an LQ of 2.45 in 2023. A focus on development on leading sectors such as Mining, Education Services and Accommodation Provision is needed to encourage sustainable economic growth . The analysis also indicates a positive contribution from specialized sectors with a stable National Growth Component (KPN) value of 0.31, where the agriculture, forestry, fisheries and wholesale and retail trade sectors show significant growth.

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Journal Info

Abbrev

OJES

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Outline Journal of Economic Studies is published by Outline Publishers. The journal is published twice a year in March and September. The editorial accepts general articles covering the economy both nationally and internationally where no other media has ever ...