The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province

Marissa, Feny and Yulianita, Anna and Fitriyah, Annisa (2019) The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province. Jurnal Ekonomi Pembangunan, 17 (2). pp. 71-80. ISSN 1829-5843

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Abstract

The study aims to measure and compare the efficiency level of investment to boost economic growth in South Sumatera and Jambi Province. This study use quantitative approach with time series data between 2007 to 2016 from the Central Bureau of Statistic (BPS) and publication related to the study. The efficiency of investment was measured by Incremental Capital Output Ratio (ICOR) approach and analyzed using Ordinary Least Square (OLS). The study indicates that (1) the relationship between investment efficiency which measured by ICOR approach and economic growth of each provinces (South Sumatera and Jambi) is negative; (2) this research show that investment efficiency in Jambi Province give more effect to its economic growth than South Sumatera and Jambi Province has grown better than South Sumatera Province in the same development stage without an increase in the proportion of investment to Gross Domestic Regional Product.

Item Type: Article
Uncontrolled Keywords: Efficiency, investment, ICOR, economic growth.
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD39-40.7 Capital. Capital investments
H Social Sciences > HD Industries. Land use. Labor > HD72-88 Economic growth, development, planning
H Social Sciences > HG Finance > HG4501-6051 Investment, capital formation, speculation
H Social Sciences > HT Communities. Classes. Races > HT388 Regional economics. Space in economics
P Language and Literature > PQ Romance literatures > PQ5901-5999 Regional, provincial, local, etc.
Divisions: 01-Faculty of Economics > 60101-Economics (S2)
Depositing User: Dr Anna Yulianita
Date Deposited: 27 Aug 2022 08:18
Last Modified: 27 Aug 2022 08:18
URI: http://repository.unsri.ac.id/id/eprint/77559

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