PENGARUH INFRASTRUKTUR TERHADAP PERTUMBUHAN EKONOMI INDONESIA
Author(s) -
Novi Maryaningsih,
Oki Hermansyah,
Myrnawati Savitri
Publication year - 2014
Publication title -
deleted journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 4
ISSN - 2460-9196
DOI - 10.21098/bemp.v17i1.44
Subject(s) - per capita income , openness to experience , economics , convergence (economics) , spillover effect , gini coefficient , per capita , econometrics , income distribution , macroeconomics , inequality , economic inequality , mathematics , population , psychology , social psychology , mathematical analysis , demography , sociology
The disparity on per capita income is evident between Java and outside Java in Indonesia. This paper confirms this evidence using σ-convergence statistic. Furthermore, this paper identify the determinant of per capita income by adopting the Solow growth model and β -convergence model. The result emphasize confirms the availability of basic infrastructure including electricity, road and sea transport are a necessary condition to gain high and sustainable growth. In addition, the result shows the existence of β -convergence, which represents the pace of regions with lower per capita income catching up other regions with higher per capita income, in Indonesia with 1,75% speed of convergence; or equivalent with half-life of 41.14 years. Furthermore, the openness will increase the region’s productivity due to higher technology spillover. Keywords: σ-convergence, β -convergence, Solow growth model, income distribution, Gini coefficient, disparity. JEL Classification: O47, O11, O18, R11
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