Open AccessApakah Belanja Modal dan Belanja Sosial Meningkatkan Pertumbuhan Ekonomi? Bukti Data Panel di Indonesia
Author(s) -
. Asnawi
Publication year - 2022
Publication title -
jurnal emt kita
Language(s) - English
Resource type - Journals
eISSN - 2579-7972
pISSN - 2549-6204
DOI - 10.35870/emt.v6i1.582
Subject(s) - panel data , economics , fixed effects model , capital expenditure , economy , macroeconomics , econometrics , finance
This study analyzes the effect of capital and social spending on regional economic growth in Indonesia. Using panel data from 24 provinces during the period 2005-2018, the data were analyzed using a panel regression econometric tool with a fixed effect approach. The study pointed out that capital and social spending can significantly increase economic growth. The greater the realization of the local government budget for these two expenditures, the higher the economic growth.