Economic Journal of Emerging Markets
Volume 7 Issue 1, 2015

The impact of regional autonomy and monetary crisis on economic growth in Yogyakarta

Sarastri Mumpuni Ruchba (Department of Economics, Universitas Islam Indonesia, Yogyakarta)
Ferdy Suhada (Department of Economics, Universitas Islam Indonesia, Yogyakarta)



Article Info

Publish Date
01 Apr 2015

Abstract

This study analyzes the impact of some factors, especially the implementation of autonomy and monetary crisis on economic growth in Yogyakarta Special Province. The independent variables entered into the model are investment, labor force and government spending, as well as two dummy variables, namely the financial crisis and the 1990-2013 regional autonomy implementations. This study uses multiple linear regression analysis with Ordinary Least Square (OLS). This study finds that investment and regional autonomy do not affect the economic growth in Yogyakarta, while labor force and monetary crisis negatively affect economic growth. The study also finds that government spending has a positive influence on economic growth.

Copyrights © 2015






Journal Info

Abbrev

JEP

Publisher

Subject

Economics, Econometrics & Finance

Description

The Economic Journal of Emerging Markets (EJEM) is a peer-reviewed journal which provides a forum for scientific works pertaining to emerging market economies. Published every April and October, this journal welcomes original research papers on all aspects of economic development issues. The journal ...