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

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...

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Main Authors: Feny Marissa, Anna Yulianita, Annisa Fitriyah
Format: Article
Language:English
Published: Jurusan Ekonomi Pembangunan Fakultas Ekonomi Universitas Sriwijaya 2019-12-01
Series:Jurnal Ekonomi Pembangunan
Subjects:
Online Access:https://ejournal.unsri.ac.id/index.php/jep/article/view/9399
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author Feny Marissa
Anna Yulianita
Annisa Fitriyah
author_facet Feny Marissa
Anna Yulianita
Annisa Fitriyah
author_sort Feny Marissa
collection DOAJ
description 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.
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spelling doaj.art-3f34182df1d2485abcb1077bc3e11ae12022-12-22T03:52:19ZengJurusan Ekonomi Pembangunan Fakultas Ekonomi Universitas SriwijayaJurnal Ekonomi Pembangunan1829-58432685-07882019-12-01172718010.29259/jep.v17i2.93994812The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi ProvinceFeny Marissa0Anna Yulianita1Annisa Fitriyah2Faculty of Economics, Universitas SriwijayaFaculty of Economics, Universitas SriwijayaFaculty of Economics, Universitas SriwijayaThe 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.https://ejournal.unsri.ac.id/index.php/jep/article/view/9399efficiency, investment, icor, economic growth.
spellingShingle Feny Marissa
Anna Yulianita
Annisa Fitriyah
The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province
Jurnal Ekonomi Pembangunan
efficiency, investment, icor, economic growth.
title The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province
title_full The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province
title_fullStr The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province
title_full_unstemmed The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province
title_short The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province
title_sort effect of investment efficiency toward economic growth in south sumatera and jambi province
topic efficiency, investment, icor, economic growth.
url https://ejournal.unsri.ac.id/index.php/jep/article/view/9399
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