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HUBUNGAN KAUSALITAS PARIWISATA DAN PERTUMBUHAN EKONOMI DI INDONESIA: ANALISIS PANEL VAR Rienalvyn Andri Maulana; Ferry Prasetyia
Journal of Development Economic and Social Studies Vol. 2 No. 3 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

Tourism continues to experience growth and diversification to become one of the largest and fastest growing economic sectors in the world. The tourism industry is also increasingly playing an important role in the economy in many countries, including Indonesia. Therefore, this research aims to determine the causality relationship between tourism and economic growth in Indonesia using VAR Panel Analysis. By using panel data from 10 provinces in Indonesia in the period of 2009-2018, the VAR Panel analysis found that tourism and economic growth in Indonesia have a two-way causal relationship. Nevertheless, causality relationships are formed with different directions of influence and timeframes. 
PENGARUH BELANJA PEMERINTAH DAN INDEKS PEMBANGUNAN MANUSIA TERHADAP INDEKS PEMBANGUNAN EKONOMI INKLUSIF Israf Ilyas; Ferry Prasetyia
Journal of Development Economic and Social Studies Vol. 2 No. 4 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

The background of this study is the high economic growth in East Java for the last 5 years, but it remains the highest number of Poverty Rate in Java Island. This study purpose is to examine the influence of government spending on education function, health function, and economic function as well as HDI as the main variables on the inclusive Economic Development Index (IPEI). With GDP Growth and poverty rate as control variables. This study use Panel Data Regression Method in 38 cities/regencies in East Java during 2017-2021. The results showed that spending on health function and HDI had a significant positive effects on Inclusive economic growth. While spending on education & economic function had a positive yet insignificant effect on Inclusive economic growth.
The Effect of Fiscal Decentralization on Economic Convergence amongst Regions in Java Island (Spatial Econometric Approach) Rima Melati Anggraeni; Mohamad Khusaini; Ferry Prasetyia
Sanskara Akuntansi dan Keuangan Vol. 2 No. 02 (2024): Sanskara Akuntansi dan Keuangan (SAK)
Publisher : Eastasouth Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/sak.v2i02.291

Abstract

Convergence mechanism is needed in order to reduce regional inequality. This study aimed to examine the existence of economic convergence and analyze the effect of fiscal decentralization on economic convergence with spatial econometric approach. Local own-source revenue, balance funds, personnel expenditure and capital expenditure as proxies for fiscal decentralization indicator. Using dynamic convergence analysis, the existence of beta absolute and conditional convergence are confirmed in this study. From the estimation result, local own-source revenue, balance funds, personnel expenditure have significant role on per capita income growth, while capital expenditure has not been effective in supporting growth. If fiscal decentralization indicators are added and spatial aspects are considered in the model, it will cause an increase in the convergence rate. Improving the quality of spending is the main key to accelerating convergence.