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All Journal Jurnal Ekonomi Pembangunan Signifikan : Jurnal Ilmu Ekonomi Jurnal Ekonomi dan Pembangunan Indonesia JAS (Journal of ASEAN Studies) Journal of Economics, Business, & Accountancy Ventura JAM : Jurnal Aplikasi Manajemen Journal of Indonesian Applied Economics Wacana, Jurnal Sosial dan Humaniora Journal of Indonesian Economy and Business TEMA (Jurnal Tera Ilmu Akuntansi) International Journal of Local Economic Governance Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Jurnal Ilmu Ekonomi dan Pembangunan IJEBD (International Journal Of Entrepreneurship And Business Development) Distribusi International Journal of Supply Chain Management Buletin Ilmiah Marina : Sosial Ekonomi Kelautan dan Perikanan Journal of Innovation in Business and Economics Inobis: Jurnal Inovasi Bisnis dan Manajemen Indonesia Jurnal Surya Masyarakat Journal of International Conference Proceedings JEPI Journal of Development Economic and Social Studies (JDESS) Contemporary Studies in Economic, Finance and Banking (CSEFB) Islamic Economics and finance in Focus (IEFF)
Agus Suman
Fakultas Ekonomi Dan Bisnis Universitas Brawijaya
Religion Agriculture, Biological Sciences & Forestry Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Electrical & Electronics Engineering Engineering Environmental Science Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Transportation Other

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Journal : Signifikan : Jurnal Ilmu Ekonomi

 1 
Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java Dwi Budi Santoso; Agus Suman
Signifikan: Jurnal Ilmu Ekonomi Vol 12, No 1 (2023)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v12i1.29965

Abstract

East Java is the engine of Indonesia’s economic growth. Nevertheless, this region is still faced with the performance of industrial development, which has yet to increase consistently, thereby worsening efficiency and economic growth. As a result, this paper aims to investigate the causes and consequences of capital efficiency in the context of East Java. This paper produces three results by employing the 3SLS simultaneous equation estimation method. First, this paper demonstrates that industrial development in East Java improves efficiency. Second, improving the education level has a positive effect on capital efficiency. Lastly, an increase in capital inefficiency leads to a negative effect on economic growth in East Java. This study suggests three key policies for accelerating economic growth in East Java: providing incentives to industries that can increase capital efficiency, developing innovations to increase capital efficiency, and improving education quality to encourage increased human resource productivity.JEL Classification: D24, O14, O4How to Cite:Santoso, D. B., & Suman, A. (2023). Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 1-10. https://doi.org/10.15408/sjie.v12i1.29965.
Co-Authors Agatha Christy Permata Sari Agung Yuniarinto Ahmad Erani Yustika Ahmad Erani Yustika Alfin Faisol Muttaqin Angga Yanuar Triesmarandita Anisa Fitria Utami Antariksa Antariksa Armanu - Thoyib Asfi Manzilati Atu Bagus Wiguna Aulia Aqila Haya Bagyo Yanuwiadi BAIDOWI - - Batik, Karlina Benyamin - Parubak Bunga Hidayati David Kaluge DAVID KALUGE Davina Jeihan Zafira Devanto Shasta Pratomo Dwi Budi Santoso Eka Afnan Troena Eka Intan Kumala Putri Estifania Krisnawati Ghozali Maskie Grace Sumbung Haifa Asma Karimah HAMAMAH, M.Pd. Hendika S.L. Ibrahim - - Ida Ayu Nyoman Saskara Ikhsan Bintang Indah Dewi Nirwana Iswan Noor Jeany Mandang Jose Rizal Joesoef Karlina Batik Khairani Alawiyah Matondang Khusnul Ashar Khusnul Ashar Khusnul Ashar Khusnul Ashar Killian, Pantri Muthriana Erza Kliwon Hidayat Krisnamurthi, Bayu M Pudjiharjo M Umar Burhan M. Firmansyah M. Umar - Burhan M.S. Idrus Marlina Ekawaty Muhammad Eko Purnomo Muhammad Firmansyah Neli Aida Ni Nyoman Yuliarmi Noer Soetjipto Nur Farida Nurhuda, M. Paulus Kindangen Pinatih, Ni Komang Desy Arya Pudjihardjo .. Putu Mahardika A. Saputra Putu Mahardika A.S. Rachmad Kresna Sakti Rachmad Kresna Sakti Rahel Kimbal Riniati Rizki Nufiarni, Rizki Rosyidah, Lathifatul Rudi Masniadi S.M. Kiptiyah Sasongko Sasongko Sasongko Sasongko, Sasongko Satti Wagistina Setiawan, Fredy Nugroho Siti Hamidah Siti Rohima Siti Rohima Soemarno Soemarno Soesilo, Yohanes Hadi Surachman Surachman Susilo . Susilo Susilo Susilo Susilo Sutrisno - Djaja Treesye I Turang Ubud - Salim Yohana Virnanda