IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v7y2023i12p1240-1252.html
   My bibliography  Save this article

Identification of Economic Potential in Berau Regency, East Kalimantan-Indonesia

Author

Listed:
  • Siti Amalia

    (Faculty of Economics and Business, Mulawarman University)

  • Agus Iwan Kesuma

    (Faculty of Economics and Business, Mulawarman University)

  • Diana Lestari

    (Faculty of Economics and Business, Mulawarman University)

Abstract

The primary objective of this study is to investigate the economic prospects of Berau Regency in East Kalimantan. This study aims to identify potential areas for further economic development in Berau Regency, to increase the wealth of its citizens. Additionally, it will highlight areas that need to be strengthened to achieve this objective. This study utilized shift share, the location quotient (LQ), and the growth ratio model (GRM) as analytical methods. The main data utilized in this study consisted of the Gross Regional Domestic Product (GRDP) statistics for East Kalimantan Province and Berau Regency from 2018 to 2022. The GRM study indicated that the transportation and warehousing sector experienced significant development, along with education services, health services, social activities, and other services. On the other hand, the Shift-Share analysis demonstrated positive growth in nearly all sectors within Berau Regency. Based on Location Quotients (LQ) analysis, the most competitive industries in the region include mining and quarrying, agriculture, forestry, and fisheries; wholesale and retail trade; car and motorcycle repair; transportation and warehousing; accommodation, food, and beverage provision; educational services; health services and social activities; and other services. This study emphasizes the ability of Berau Regency to effectively utilize its natural resources, particularly in the growing agricultural and tourism sectors. Hence, to advance and stimulate the tourism sector, the Berau Regency administration should contemplate allocating funds for agricultural and tourism development in its regional budget and executing infrastructure improvements. This approach is anticipated to bolster the economic development of Berau Regency while enhancing its residents’ overall quality of life..

Suggested Citation

  • Siti Amalia & Agus Iwan Kesuma & Diana Lestari, 2023. "Identification of Economic Potential in Berau Regency, East Kalimantan-Indonesia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(12), pages 1240-1252, December.
    • Handle: RePEc:bcp:journl:v:7:y:2023:i:12:p:1240-1252
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-7-issue-12/1240-1252.pdf
    Download Restriction: no
    File URL: https://www.rsisinternational.org/journals/ijriss/articles/identification-of-economic-potential-in-berau-regency-east-kalimantan-indonesia/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mohammad Tariq Al Fozaie, 2023. "Behavior, religion, and socio-economic development: a synthesized theoretical framework," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-15, December.
    2. David Audretsch & Mark Sanders & Lu Zhang, 2021. "International product life cycles, trade and development stages," The Journal of Technology Transfer, Springer, vol. 46(5), pages 1630-1673, October.
    3. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    4. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    5. Rafael Martínez-Peláez & Alberto Ochoa-Brust & Solange Rivera & Vanessa G. Félix & Rodolfo Ostos & Héctor Brito & Ramón A. Félix & Luis J. Mena, 2023. "Role of Digital Transformation for Achieving Sustainability: Mediated Role of Stakeholders, Key Capabilities, and Technology," Sustainability, MDPI, vol. 15(14), pages 1-27, July.
    6. Renelt, David, 1991. "Economic growth : a review of the theoretical and empirical literature," Policy Research Working Paper Series 678, The World Bank.
    7. Alali, Walid Y., 2011. "The Contribution of Education to Economic Development," MPRA Paper 115614, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kar Muhsin & Peker Osman & Kaplan Muhittin, 2008. "Trade Liberalization, Financial Development and Economic Growth in The Long Term: The Case of Turkey," South East European Journal of Economics and Business, Sciendo, vol. 3(2), pages 25-38, November.
    2. Sarris, Alexander H., 1995. "Is There a Need for Governmental Interference to Improve the Competitiveness of Rural Areas?," 1994 Conference, August 22-29, 1994, Harare, Zimbabwe 183395, International Association of Agricultural Economists.
    3. Hazwan Haini & Pang Wei Loon, 2022. "Information Communication Technologies, Globalisation and Growth: Evidence from the ASEAN Economies," Economic Papers, The Economic Society of Australia, vol. 41(1), pages 34-53, March.
    4. van de Klundert, T.C.M.J. & Smulders, J.A., 1991. "Reconstructing growth theory : A survey," Other publications TiSEM 19355c51-17eb-4d5d-aa66-b, Tilburg University, School of Economics and Management.
    5. repec:rza:wpaper:029 is not listed on IDEAS
    6. Sodiq Arogundade & Mduduzi Biyase & Hinaunye Eita, 2021. "Foreign Direct Investment and Inclusive Human Development in Sub-Saharan African Countries:Does local Economic Conditions Matter?," Economic Development and Well-being Research Group Working Paper Series edwrg-01-2021, University of Johannesburg, College of Business and Economics, revised 2021.
    7. Claude DIEBOLT & Jamel TRABELSI, 2009. "Human Capital and French Macroeconomic Growth in the Long Run," Economies et Sociétés (Serie 'Histoire Economique Quantitative'), Association Française de Cliométrie (AFC), issue 40, pages 901-917, May.
    8. Blomström, Magnus & Kokko, Ari, 2003. "Human Capital and Inward FDI," CEPR Discussion Papers 3762, C.E.P.R. Discussion Papers.
    9. Olusanya, Oluwakorede, 2016. "Causality between Human Resource Development and the Nigerian Economic Performance," MPRA Paper 100854, University Library of Munich, Germany.
    10. Uwe Sunde & Thomas Dohmen & Benjamin Enke & Armin Falkbriq & David Huffman & Gerrit Meyerheim, 2022. "Patience and Comparative Development," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(5), pages 2806-2840.
    11. Smulders, Sjak & Gradus, Raymond, 1996. "Pollution abatement and long-term growth," European Journal of Political Economy, Elsevier, vol. 12(3), pages 505-532, November.
    12. Patel, Dev & Sandefur, Justin & Subramanian, Arvind, 2021. "The new era of unconditional convergence," Journal of Development Economics, Elsevier, vol. 152(C).
    13. B. Bhaskara Rao & Arusha Cooray, 2012. "How useful is growth literature for policies in the developing countries?," Applied Economics, Taylor & Francis Journals, vol. 44(6), pages 671-681, February.
    14. Paula Bustos & Juan Manuel Castro Vincenzi & Joan Monras & Jacopo Ponticelli, 2019. "Structural Transformation, Industrial Specialization, and Endogenous Growth," Working Papers wp2019_1906, CEMFI.
    15. Carlos Morales, 2011. "Variedades de recursos naturales y crecimiento económico," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, December.
    16. George Halkos & Iacovos Psarianos, 2016. "Exploring the effect of including the environment in the neoclassical growth model," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 18(3), pages 339-358, July.
    17. Alessandro STERLACCHINI, 2006. "Innovation, Knowledge and Regional Economic Performances: Regularities and Differences in the EU," Working Papers 260, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    18. Andergassen, Rainer & Nardini, Franco & Ricottilli, Massimo, 2006. "Innovation waves, self-organized criticality and technological convergence," Journal of Economic Behavior & Organization, Elsevier, vol. 61(4), pages 710-728, December.
    19. Andrea Asoni, 2008. "Protection Of Property Rights And Growth As Political Equilibria," Journal of Economic Surveys, Wiley Blackwell, vol. 22(5), pages 953-987, December.
    20. Saima Javed & Yu Rong & Hafiz Muhammad Ihsan Zafeer & Samra Maqbool & Babar Nawaz Abbasi, 2024. "Unleashing the potential: a quest to understand and examine the factors enriching research and innovation productivities of South Asian universities," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
    21. Ángeles Sánchez-Domínguez & Maria J. Ruiz Martos, 2013. "Europe 2020 strategy: a strategy for which type of growth?," ThE Papers 13/11, Department of Economic Theory and Economic History of the University of Granada..

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:7:y:2023:i:12:p:1240-1252. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.