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The Antecedent of Gross Domestic Regional Bruto in Jakarta Province, Indonesia

Author

Listed:
  • Anita Fikti Utami

    (Magister Student of Economics Education, Faculty of Economics, Yogyakarta State of University, Colombo Street No. 1, Karang Malang, Caturtunggal, Yogyakarta Province 55281, Indonesia,)

  • Toni Wijaya

    (Department of Management, Faculty of Economics, Yogyakarta State of University, Colombo Street No. 1, Karang Malang, Caturtunggal, Yogyakarta Province 55281, Indonesia)

  • Sukidjo Sukidjo

    (Department of Economics Education, Faculty of Economics, Yogyakarta State of University, Colombo Street No. 1, Karang Malang, Caturtunggal, Yogyakarta Province 55281, Indonesia)

Abstract

This study aims to determine how the influence of inflation, unemployment, poverty and investment in regional economic growth in Jakarta province for the period of 2008 - 2019. In this study the model used is Error Correction Model (ECM) by looking at the effect on short and long term inter-macroeconomic variables on economic growth in Jakarta Province. The results of the study show that only unemployment has an influence on the long term and has no effect in the short term, while the variables of inflation, poverty and investment have no influence on economic growth in the short and long term.

Suggested Citation

  • Anita Fikti Utami & Toni Wijaya & Sukidjo Sukidjo, 2020. "The Antecedent of Gross Domestic Regional Bruto in Jakarta Province, Indonesia," International Journal of Economics and Financial Issues, Econjournals, vol. 10(1), pages 196-200.
    • Handle: RePEc:eco:journ1:2020-01-24
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    References listed on IDEAS

    as
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    3. Samuel Antwi & Ebenezer Fiifi Emire Atta Mills & Xicang Zhao, 2013. "Impact of Macroeconomic Factors on Economic Growth in Ghana: A Cointegration Analysis," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(1), pages 35-45, January.
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    More about this item

    Keywords

    macroeconomic variables; GDRP; ECM; Jakarta;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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