DAMPAK JANGKA PANJANG PERTUMBUHAN PENDUDUK TERHADAP INVESTASI AGREGAT PROVINSI DI INDONESIA

  • Paulina Paulina STIE Indonesia Banking School, Jakarta, Indonesia

Abstract

This study aims to determine the causality relationship between population growth of a country / region (PG)  which has an impact on the formation of investment (TINV) and economic growth (EG). This research was focused on 33 provinces in Indonesia on these 3 main variables. The data used are secondary data from 33 provinces, with observations between 2015-2017. The analysis models used are unit root and cointegration tests, VAR estimation and long-term VECM models, and panel data. The results of this study indicate: (1) there is no causal relationship between PG, TINV, and EG; (2) The cointegration test and the VAR model shows that there is a long-term relationship between endogenous and exogenous variables; (3) In the VECM model, there appears to be an influence between PG, EG on investment in the long run; (4) there are quite good investment provinces namely DKI Jakarta, and most of the eastern provinces of Indonesia experience positive investment rates. Keywords: population growth, formation of investmen, economic growth

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Published
2019-02-28
How to Cite
Paulina, P. (2019). DAMPAK JANGKA PANJANG PERTUMBUHAN PENDUDUK TERHADAP INVESTASI AGREGAT PROVINSI DI INDONESIA. Jurnal Riset Manajemen Dan Bisnis (JRMB) Fakultas Ekonomi UNIAT, 4(1), 193 - 204. https://doi.org/10.36226/jrmb.v4i1.258
Section
Articles