ANALISIS PERTUMBUHAN EKONOMI D.I. YOGYAKARTA TAHUN 2008-2016

Abstract

One of the goals of regional development is to increase economic growth. The increasing economic growth of a region, will realize the level of welfare of its people. This study aims to determine the effect of local revenue, capital expenditure and labor on economic growth in the Province of Β DIY in 2008-2016. This research is an empirical research with panel data analysis tools. The data used in this study are secondary data from 5 regencies / cities in DIY Province in 2008-2016. The analysis model used in this study to estimate the regression model is to use the Random Effect model. The results in the study at the 5% significance level showed that: Β (1) the variables of regional income have a positive and significant effect on economic growth; (2) capital expenditure variables have a negative and insignificant effect on economic growth; (3) labor variables have a positive and significant effect on economic growth.Keywords: economic growth, regional income, capital expenditure and labor.JEL Classification : E01, H1

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