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Dandy Hermawan
"Paper ini bertujuan untuk meneliti tentang beberapa determinan dari pertumbuhan
pendapatan perkapita 34 provinsi di Indonesia serta melihat apakah terjadi kondisi
dimana pertumbuhan pendapatan perkapita antarprovinsi mengalami konvergensi.
Penelitian ini menggunakan model conditional convergence yang berdasar pada teori
pertumbuhan Solow untuk meneliti mengenai pengaruh beberapa determinan
pertumbuhan pendapatan pada nilai pendapatan perkapita antarprovinsi sepanjang tahun
observasi yaitu 1998-2018. Metode estimasi yang digunakan adalah panel data. Dengan
adanya lag dari variabel dependen, menimbulka masalah endogeneity. Metode panel data
dinamis dalam hal ini adalah GMM System digunakan agar hasil tidak bias. Hasil estimasi
menunjukkan bahwa variabel yang dapat menjadi determinan dari pertumbuhan
pendapatan berdasarkan model Solow yakni investasi dan human capital signifikan
mempengaruhi nilai pendapatan perkapita 34 provinsi di Indonesia. Selain itu hasil
estimasi juga menunjukkan bahwa terlihat adanya kecenderungan bahwa pertumbuhan
pendapatan perkapita diantara 34 provinsi akan konvergensi meskipun dalam rate yang
cukup kecil yakni 2,5% atau half-life 28,8 tahun. Jadi, dibutuhkan waktu 28,8 tahun untuk
menghilangkan setengah angka perbedaan pertumbuhan yang ada antara 34 provinsi di
Indonesia.
......This paper aim to observe several determinant of economic growth and see whether the
growth of income among the 34 provinces in Indonesia is converging or diverging. This
research is using conditional convergence model that based from Solow growth model to
find out the impact of several determinant of economic growth to income, also to see
whether the growth among provinces is converging or diverging on the period of
observation 1998-2018. The lag of dependent variable in the model caused endogeneity
problem. Dynamic panel data method (GMM-System) used to estimate the result so that
the result is not biased. Estimated using dynamic panel data method, results show that
determinants of economic growth based on Solow model such as investment and human
capital is significant affecting the number of GDRP of 34 provinces in Indonesia. The
result shows that the growth among 34 provinces is converge although it is at a small
rate, that is 2,5% or equal to half life 28,8 years. So, it took 28,8 years to eliminate half
of the difference in growth numbers between 34 provinces in Indonesia."
Depok: Fakultas Ekonomi dan BIsnis Universitas Indonesia, 2020
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UI - Skripsi Membership  Universitas Indonesia Library
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Riandy Laksono
"Abstract
Economic and political systems might have a great share in determining the speed of the economic growth in an economy. Majority of the researchs in the past relied on physical input accumulation in determining economic growth, without taking into account the contribution of institutional characteristics. This research is aimed to test the hypothesis that economic freedom and political system affect the economic growth. Using panel data method (pooled least square approach) in eight ASEAN countries during the period of 1997-2007 and based on a framework of Solow economic growth model, it is showed that the more free and efficient economy leads to faster economic growth, and political democracy can otherwise hinder economic growth. Economy can grow higher if public policies are directed to the creation of: a stable monetary conditions, a more efficient in intermediation of financial markets, appropriate public budget policy, straightforward and efficient regulations, corruption eradication, as well as lower taxes. Nevertheless the index of investment freedom and property rights are far away from the behaviors of existing theories and hypothesis, so further research is needed."
2010
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Artikel Jurnal  Universitas Indonesia Library