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Judul: | Determinant of Economic Growth in Maluku Province, periods 1986-2009 : Error Correction Approach |
Penulis: | Yerimias Manuhutu || email: cita.ekonomika@mail.unpatti.ac.id |
Jurnal: | Cita Ekonomika Vol. 7 no. 2 - hal. 202-210 Tahun 2013 [ Ekonomi dan Bisnis ] |
Keywords: | Investment, Export, ECM, Economic Growth |
Abstract: | The main target of this research is analyzing determinants economic growth in Maluku Province. This study using Engle-Granger Error Correction Model (EG-ECM), which determinants of variables are investment, inflation, export and labor, data used in this research are secondary one, period of year 1986-2009. Result of research shows that in short run investment variable and labor variable is significant at 5 percent level, export variable significant at 10 percent level and all variable has a positive sign to economic growth. Co-integration test indicates that behavioral data has a possibility of existence of long run equilibrium. In the long run result shows that investment variable and export variable has a significant at 5 percent level and positive sign. Investment is the only variable that significant in the short run and also in the long run hence from that the local government must pushing increasing investment in many way so that can stimulus the local economic growth. Export significant in long run, labor significant in the short run meanwhile inflation not significant in the short and long run. |
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