Bangka Belitung economic growth analysis with solow theory

This research discusses the effect of installed power, Gross Fixed Capital Formation (GFCF), the number of workers on the Gross Domestic Product (GDP) of the Province of the Bangka Belitung Islands. The approach used by the researcher is descriptive quantitative. The data analysis technique used in...

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Main Authors: Devi Valeriani, M. Faisal Akbar, Ayu Wulandari, Rusdi Rusdi, Mardani Mardani
Format: Article
Language:English
Published: Indonesian Institute for Counseling, Education and Therapy (IICET) 2022-12-01
Series:JPPI (Jurnal Penelitian Pendidikan Indonesia)
Subjects:
Online Access:https://jurnal.iicet.org/index.php/jppi/article/view/2114
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author Devi Valeriani
M. Faisal Akbar
Ayu Wulandari
Rusdi Rusdi
Mardani Mardani
author_facet Devi Valeriani
M. Faisal Akbar
Ayu Wulandari
Rusdi Rusdi
Mardani Mardani
author_sort Devi Valeriani
collection DOAJ
description This research discusses the effect of installed power, Gross Fixed Capital Formation (GFCF), the number of workers on the Gross Domestic Product (GDP) of the Province of the Bangka Belitung Islands. The approach used by the researcher is descriptive quantitative. The data analysis technique used in this study is multiple linear regression using secondary data sourced from the Central Statistics Agency, namely panel data for the 2010-2019 period in the Province of the Bangka Belitung Islands. The results showed that the best model in panel data regression analysis of the factors that influence the GRDP of the Bangka Belitung Islands Province in this study was the Random Effect Model. Capital Per Worker, Life Expectancy, Average Length of Schooling, and Expected Length of Schooling are able to explain the GDP of 56.69 percent. Capital Per Worker, Life Expectancy, Average Length of Schooling, and Expected Length of School together have a significant effect on GDP. Partially, capital per worker has an insignificant negative effect on GDP, while life expectancy and average length of schooling have a significant positive effect on GDP. Expectations for the school year have a positive but not significant effect on GDP.
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spelling doaj.art-c6d0143eb3d24ec0a12ccc0a7e28c7392023-08-05T04:58:12ZengIndonesian Institute for Counseling, Education and Therapy (IICET)JPPI (Jurnal Penelitian Pendidikan Indonesia)2477-85242502-81032022-12-01841180118410.29210/0202221141164Bangka Belitung economic growth analysis with solow theoryDevi Valeriani0M. Faisal Akbar1Ayu Wulandari2Rusdi Rusdi3Mardani Mardani4Bangka Belitung UniversityBangka Belitung UniversityBangka Belitung UniversityBAPPEDA Bangka Belitung Island Province, IndonesiaBAPPEDA Bangka Belitung Island Province, IndonesiaThis research discusses the effect of installed power, Gross Fixed Capital Formation (GFCF), the number of workers on the Gross Domestic Product (GDP) of the Province of the Bangka Belitung Islands. The approach used by the researcher is descriptive quantitative. The data analysis technique used in this study is multiple linear regression using secondary data sourced from the Central Statistics Agency, namely panel data for the 2010-2019 period in the Province of the Bangka Belitung Islands. The results showed that the best model in panel data regression analysis of the factors that influence the GRDP of the Bangka Belitung Islands Province in this study was the Random Effect Model. Capital Per Worker, Life Expectancy, Average Length of Schooling, and Expected Length of Schooling are able to explain the GDP of 56.69 percent. Capital Per Worker, Life Expectancy, Average Length of Schooling, and Expected Length of School together have a significant effect on GDP. Partially, capital per worker has an insignificant negative effect on GDP, while life expectancy and average length of schooling have a significant positive effect on GDP. Expectations for the school year have a positive but not significant effect on GDP.https://jurnal.iicet.org/index.php/jppi/article/view/2114gross fixed capital formation, gross domestic product, sollow theory
spellingShingle Devi Valeriani
M. Faisal Akbar
Ayu Wulandari
Rusdi Rusdi
Mardani Mardani
Bangka Belitung economic growth analysis with solow theory
JPPI (Jurnal Penelitian Pendidikan Indonesia)
gross fixed capital formation, gross domestic product, sollow theory
title Bangka Belitung economic growth analysis with solow theory
title_full Bangka Belitung economic growth analysis with solow theory
title_fullStr Bangka Belitung economic growth analysis with solow theory
title_full_unstemmed Bangka Belitung economic growth analysis with solow theory
title_short Bangka Belitung economic growth analysis with solow theory
title_sort bangka belitung economic growth analysis with solow theory
topic gross fixed capital formation, gross domestic product, sollow theory
url https://jurnal.iicet.org/index.php/jppi/article/view/2114
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AT mfaisalakbar bangkabelitungeconomicgrowthanalysiswithsolowtheory
AT ayuwulandari bangkabelitungeconomicgrowthanalysiswithsolowtheory
AT rusdirusdi bangkabelitungeconomicgrowthanalysiswithsolowtheory
AT mardanimardani bangkabelitungeconomicgrowthanalysiswithsolowtheory