Jurnal Riset Manajemen dan Bisnis (JRMB) Fakultas Ekonomi UNIAT
Vol 4 No 1 (2019)

DAMPAK JANGKA PANJANG PERTUMBUHAN PENDUDUK TERHADAP INVESTASI AGREGAT PROVINSI DI INDONESIA

Paulina, Paulina (Unknown)



Article Info

Publish Date
28 Feb 2019

Abstract

This study aims to determine the causality relationship between population growth of a country / region (PG) which has an impact on the formation of investment (TINV) and economic growth (EG). This research was focused on 33 provinces in Indonesia on these 3 main variables. The data used are secondary data from 33 provinces, with observations between 2015-2017. The analysis models used are unit root and cointegration tests, VAR estimation and long-term VECM models, and panel data. The results of this study indicate: (1) there is no causal relationship between PG, TINV, and EG; (2) The cointegration test and the VAR model shows that there is a long-term relationship between endogenous and exogenous variables; (3) In the VECM model, there appears to be an influence between PG, EG on investment in the long run; (4) there are quite good investment provinces namely DKI Jakarta, and most of the eastern provinces of Indonesia experience positive investment rates. Keywords: population growth, formation of investmen, economic growth

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