Investment and Government Expenditure and Investment Economic Growth in Central Java, Indonesia

DOI

10.2991/aebmr.k.210311.075How to use a DOI?

Keywords

Government Expenditure, Investment, Economic Growth, ECM

Abstract

The role of government expenditure in economic growth is very important. The aim of this paper was to study the government expenditure and investment on economic growth in Central Java. The data used was the secondary data from 2000.1 to 2018.4. The analysis tool used was Error Correction Model (ECM). The test of cointegration testing used Johansen test of cointegration which was used to test the presence of a long-term relationship in the variables economic growth, expenditure approach and investment. The analysis results using the regression method of Error Correction Model indicate that the effect of the variable of government expenditure on output is positive and significant, both in the short and long term.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Sri Isnowati
AU  - Mulyo Budi Setiawan
AU  - Basukianto
AU  - Wardjono
PY  - 2021
DA  - 2021/03/13
TI  - Investment and Government Expenditure and Investment Economic Growth in Central Java, Indonesia
BT  - Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)
PB  - Atlantis Press
SP  - 378
EP  - 380
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210311.075
DO  - 10.2991/aebmr.k.210311.075
ID  - Isnowati2021
ER  -