Isnowati, Sri
(2012)
PENERAPAN MODEL KWEKA DAN MORISSEY DALAM MENERANGKAN
PERTUMBUHAN EKONOMI DI JAWA TENGAH.
SEMINAR NASIONAL DAN CALL FOR PAPERS .
ISSN ISBN: 978-979-3649-65-8
Abstract
This research aims to analyze the Kweka and Morissey Model in explaining the economic
growth in Central Java province. The Kweka and Morissey Model shows variables influencing the
economic growth are private sektor investment, government investment, government expenses, labour
and economic openness. This research employed secondary data published by Biro Pusat Statistik
(Statistic Centre Bureau) and Bank Indonesia (Indonesian Bank). They were annual data from 1985
to 2009. This research used Ordinary Least Square (OLS) regression with Error Correction Model
(ECM) approach. The selection of ECM model was due to its capability to explain short term and
long term phenomena. The result showed that variable of private sektor investment influent positively
and significantly in both short and long term. Government investment variable influent significantly
in both short and long term and its influence towards economic growth was positive. Government
expenditure variable investment influent positively and significantly in both short and long term.
Meanwhile, labor variable investment influents positively in the long term but it did not influents
significantly in both short and long term. For economic openness variable the value of coefficient
regression of short and long term was positive and significant.
Actions (login required)
 |
View Item |
