Quantitative Economics Research
Vol 1, No 1 (2018)

Analysis of Economic Growth Determination and Invesment Needs in North Lombok

Sucipto, Bambang (Unknown)
Hailuddin, Hailuddin (Unknown)
Harsono, Iwan (Unknown)



Article Info

Publish Date
01 May 2018

Abstract

The purpose of this research aiming at (1) analyzing how big influence of labor, private investment and government expenditure (capital expenditure) to the economic growth of North Lombok Regency, and (2) understanding the amount of Investment need to achieve economic growth in North Lombok Regency. This research undergo a quantitative approach by using time series data source during 2009-2016 from Bureau Central of Statistics (BPS) and documents sourced from both the local government of North Lombok Regency and various publication papers. The analysis technique used in this research is Multiple Linear Regression and Incremental Capital Output Ratio (ICOR) Analysis. The findings indicate that, partially, variable of investment and government expenditure did not significantly affect to the economic growth. While labor have a positive relationship and significantly to the economic growth of North Lombok Regency. Simultaneously, Investment, capital expenditure and workforce amount have a significant effect to GDP growth.Keywords: Economic growth; investment; GDPJEL Codes: R11, R53

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Journal Info

Abbrev

qer

Publisher

Subject

Economics, Econometrics & Finance

Description

Quantitative Economics Research is an International Journal publishes original and high quality applied research orientation in the field of economics that employ theoretical, empirical, and experimental methods. This journal also encourages review articles in particular innovative and fundamental ...