Apakah Belanja Modal dan Belanja Sosial Meningkatkan Pertumbuhan Ekonomi? Bukti Data Panel di Indonesia
Article Sidebar
Main Article Content
Abstract
This study analyzes the effect of capital and social spending on regional economic growth in Indonesia. Using panel data from 24 provinces during the period 2005-2018, the data were analyzed using a panel regression econometric tool with a fixed effect approach. The study pointed out that capital and social spending can significantly increase economic growth. The greater the realization of the local government budget for these two expenditures, the higher the economic growth.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
An author  who publishes in the  Jurnal Manajemen Teknologi agrees to the following terms:
- Author retains the  copyright and grants the journal the right of first publication of  the work simultaneously licensed under the Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Author is  able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book)with the  acknowledgement of its initial publication in this journal.
- Author is  permitted and encouraged to post his/her  work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of the published work (See The Effect of Open Access).
Jurnal Ekonomi Manajemen Teknologi (EMT) KITA by http://journal.lembagakita.org/index.php/emt/index is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
References
Akhmad, Achsani, N. A., Tambunan, M., & Mulyo, S. A. (2013). The impact of fiscal policy on the regional economy: Evidence from south Sulawesi, Indonesia, Journal of Applied Sciences Research, 9(4), 2463-2474.
Amri, K. (2014). Infrastruktur transportasi dan kepadatan penduduk dampaknya terhadap pendapatan per kapita: Panel data evidence dari sembilan provinsi di Sumatera. Jurnal Ekonomi Manajemen dan Bisnis, 2(2), 438-450.
Amri, K. (2020). Kebijakan fiskal dan pertumbuhan ekonomi daerah: Bukti data panel di Indonesia. Al-Masharif: Jurnal Ilmu Ekonomi dan Keislaman, 8(1), 1-18.
Amri, K., & Adi, A. R. (2021). Pengaruh religiusitas keIslaman terhadap pertumbuhan ekonomi daerah: Bukti data panel kabupaten kota di Aceh, Jurnal Ilmiah Ekonomi dan Bisnis 18 (1), 29-28.
Amri, K., Nazamuddin, Masbar, R., & Aimon, H. (2019). Is there a causality relationship between local tax revenue and regional economic growth? A panel data evidences from Indonesia. Regional Science Inquiry, 11 (1), 73-84.
Bose, N., Hague, M.E., & Osborn, D.R. (2007). Public expenditure and economic growth; A disaggregated analysis for developing countries. The Machester School, 75-85, 533-556. Boston: McGraw Hill Inc.
Chen, Z., Wang, Z., & Jiang, H. (2019). Analyzing the heterogeneous impacts of high-speed rail entry on air travel in China: A hierarchical panel regression approach. Transportation Research Part A: Policy and Practice, 127, 86–98. doi:10.1016/j.tra.2019.07.004
Connolly, M., & Li, C. (2016). Government spending and economic growth in the OECD countries. Journal of Economic Policy Reform, 19(4), 386–395. doi:10.1080/17487870.2016.12131
Ebaid, A., & Bahari, Z. (2019). The nexus between government expenditure and economic growth: Evidence of the Wagner’s Law in Kuwait. Review of Middle East Economics and Finance, 15(1). doi:10.1515/rmeef-2017-0001f.
Gregoriou, A., & Ghosh, S. (2009). On the heterogeneous impact of public capital and current spending on growth across nations. Economics Letters, 105(1), 32–35. doi:10.1016/j.econlet.2009.05.009.
Guillaumont, J. S. & Kpodar, K. (2011). Financial development and poverty reduction: Can there be a benefit without a cost? Journal of Development Studies, 47(1):143–163.
Gupta, S., Clements, B., Baldacci, E. and Mulas-Granados, C., (2005). Fiscal policy, expenditure composition, and growth in low-income countries. Journal of International Money and Finance, 24(3), 441-463.
Hasyim, S., Zulhilmi, M., & Amri, K. (2019). Is there a causality relationship between law enforcement, crime rates, and economic growth? An empirical evidence from western Indonesia, Regional Science Inquiry 11 (3), 95-109.
Im, T., Cho, W., & Porumbescu, G. (2011). An Empirical Analysis of the Relation Between Social Spending and Economic Growth in Developing Countries and OECD Members. Asia Pacific Journal of Public Administration, 33(1), 37–55. doi:10.1080/23276665.2011.1077
Lukman, A. F., Olukayode, A., Onate, C. A., Roseline, O. O., & Babatunde, G. (2018). Data on expenditure, revenue, and economic growth in Nigeria. Data in Brief. doi:10.1016/j.dib.2018.08.191.
Matthew, O., & Udom, E. (2015). Estimating the impact of the components of public expenditure on economic growth in nigeria (a bound testing approach), International Journal of Economics, Commerce and Management, 3(3), 1-8.