Journal of International Conference Proceedings
Vol 3, No 2 (2020): Proceedings of the 7th International Conference of Project Management (ICPM) Man

The Effect of Regional Fiscal Policy on Economic Growth in North Sumatera

Laila Rohimah (Universitas Negeri Medan)
Ahmad Albar Tanjung (Universitas Negeri Medan)
Indah Permata Sari Pulungan (Universitas Negeri Medan)

Article Info

Publish Date
19 Oct 2020

Abstract

The aim of this research is to evaluate and provide new evidence of the influence of regional fiscal policy with government expenditure instruments and tax revenue on economic growth in North Sumatra Province. The data used are quarterly data from 2011: 1 to 2017: 4 sourced from the Central Statistics Agency of North Sumatra Province (CSA). The analytical method used in this study is the error correction model (ECM) method. The findings of this study are that government expenditure (GE) has a positive and significant effect in the short and long term on the economic growth (PDB) of the province of North Sumatra during the study period. While tax revenue (TAX) in the long-run has a positive and significant effect, but in the short term, it has a positive but not significant effect on the economic growth (PDB) of the province of North Sumatra during the study period.

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Journal of International Conference Proceedings
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Abbrev

JICP

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AIBPM Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media

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JICP is proceedings series that aims to publish proceedings from conferences, in the fields of economics, business, and management research. All proceedings in this website are open access, which means the published articles are permanently free to read, download, copy, and distribute. The online ...