Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021)

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Clustering of Provincial Government in Indonesia Based on Fixed Asset Ownership and Economic Growth

Authors
Ratna Wulaningrum*, ratna@polnes.ac.id
Accounting Department, Politeknik Negeri Samarinda, Samarinda, Indonesia
Venti Eka Satyaventi.satya@dpr.go.id
Center for Research Expert Body, Dewan Perwakilan Rakyat Republik Indonesia, Jakarta, Indonesia
Muhammad Kadafikadafi_aqila@polnes.ac.id
Accounting Department, Politeknik Negeri Samarinda, Samarinda, Indonesia
Amiril Azizahamirilazizah@polnes.ac.id
Business Administration Department, Politeknik Negeri Samarinda, Samarinda, Indonesia
Corresponding Author
Ratna Wulaningrumratna@polnes.ac.id
Available Online 4 March 2022.
DOI
10.2991/assehr.k.220301.077How to use a DOI?
Keywords
economic growth; fixed asset ownership; gross regional domestic product; the provincial government
Abstract

The availability of infrastructure will affect the level of community access to resources, ultimately encouraging economic growth and reducing poverty levels. This study aims to cluster the provincial governments in Indonesia based on fixed asset ownership and economic growth during the 2015-2019 period. This research data is GRDP and fixed assets owned by the provincial governments in Indonesia, with the data period is 2014-2019. GRDP data is obtained from the BPS website, while fixed-asset data is obtained from the provincial government’s financial reports. The analytical tool used is k-means analysis to cluster provincial governments in Indonesia based on fixed asset ownership and economic growth (as proxied by GRDP). The result shows that cluster one consists of one province with low fixed asset growth and high economic growth. Cluster two consists of 24 provinces with low fixed asset growth and near-average economic growth. Cluster three consists of one province that have high fixed asset growth and low economic growth. And cluster four consists of eight provinces that have low fixed asset growth and low economic growth.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
4 March 2022
ISBN
10.2991/assehr.k.220301.077
ISSN
2352-5398
DOI
10.2991/assehr.k.220301.077How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Ratna Wulaningrum
AU  - Venti Eka Satya
AU  - Muhammad Kadafi
AU  - Amiril Azizah
PY  - 2022
DA  - 2022/03/04
TI  - Clustering of Provincial Government in Indonesia Based on Fixed Asset Ownership and Economic Growth
BT  - Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021)
PB  - Atlantis Press
SP  - 471
EP  - 476
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220301.077
DO  - 10.2991/assehr.k.220301.077
ID  - Wulaningrum2022
ER  -