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/).
Cite this article
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 -