The Effect of Regional Fiscal Policy on Economic Growth in North Sumatera

Laila Rohimah, Ahmad Albar Tanjung, Indah Permata Sari Pulungan

Abstract


The aim of this research is to evaluate and provide new evidence of the influence of regional fiscal policy with government expenditure instruments and tax revenue on economic growth in North Sumatra Province. The data used are quarterly data from 2011: 1 to 2017: 4 sourced from the Central Statistics Agency of North Sumatra Province (CSA). The analytical method used in this study is the error correction model (ECM) method. The findings of this study are that government expenditure (GE) has a positive and significant effect in the short and long term on the economic growth (PDB) of the province of North Sumatra during the study period. While tax revenue (TAX) in the long-run has a positive and significant effect, but in the short term, it has a positive but not significant effect on the economic growth (PDB) of the province of North Sumatra during the study period.

Full Text:

PDF

References


Afiat, Muhammad Nur. (2015). Analisis Pengaruh Pengeluaran Pemerintah terhadap PerubahanStruktur Ekonomi Di Propinsi Sulawesi Tenggara. Jurnal Ekonomi Pembangunan Fe-Unhalu, Volume XVI Tahun 8, Hal 20-26

Dewi, J. K. (2018). Analisis Pengaruh Pajak Daerah, Retribusi Daerah Terhadap Tenaga Kerja Dan Pertumbuhan Ekonomi di Kota Palangka Raya Provinsi Kalimantan Tengah. E-Jurnal Ekonomi Dan Bisnis Universitas Udayana 7.6 (2018): 1695-1722

Felede, O. E. and Folorunso, B. A. (2015) ‘Fiscal and Monetary Policy Instruments and Economic Growth Sustainability in Nigeria’, American Journal of Economics, 5(6), pp. 587–594. doi: 10.5923/j.economics.20150506.04.

Maulida, L. . and Zuhro, I. (2017) ‘Pengaruh pengeluaran pemerintah terhadap produk domestik regional bruto pada koridor utara selatan di provinsi jawa timur’, Jurnal Ilmu Ekonomi, 1(3), pp. 365–373.

Nawawi, A., & Irawan, F. (2010). Analisis Dampak Kebijakan Fiskal terhadap Pertumbuhan Ekonomi di Indonesia. Jurnal Ekonomi Dan Pembangunan Indonesia, Vol. 10, p. 159. https://doi.org/10.21002/jepi.v10i2.119

Rahman, Taufiqur;Suparta, Wayan; Taher, A. R. (2018). Pengaruuh Desentralisasi Fiskal dan Tenaga Kerja Terhadap Pertumbuhan Ekonomi Provinsi Di Pulau Sumatera. 7(3), 325–346.

Saraswati, D. (2018). Pengaruh Pendapatan Asli Daerah, Belanja Modal Terhadap Pertumbuhan Ekonomi dan Dana Perimbangan Sebagai Pemoderasi Di Kabupaten Kota Sumatera Utara. 8(2), 54–68.

Sari, Cut Putri Mellita ; Nurdin, M. (2018). Pengaruh Pertumbuhan Ekonomi,Pengeluaran Pemerintah Di Sektor Pendidikan dan Kesehatan Terhadap kemiskinan Di Provinsi Aceh. VII. No.1, 18–23.

Tanjung, A. A. et al. (2019) ‘Relationship Between Monetary Policy , Fiscal , Country Risk and Macroeconomic Variable in Indonesia’, International Journal of Economic Research, 14 (Number 15 (Part 4)), pp. 207–219. Available at: www.serialsjournals.com.




DOI: https://doi.org/10.32535/jicp.v0i0.900

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Laila Rohimah, Ahmad Albar Tanjung, Indah Permata Sari Pulungan

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Flag Counter

Published by:

AIBPM Publisher

Editorial Office:

JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone:+62 341 366222
Email: journal.jicp@gmail.com
Website:http://ejournal.aibpmjournals.com/index.php/JICP

Supported by: Association of International Business & Professional Management

If you are interested to get the journal subscription you can contact us at admin@aibpm.org.

ISSN 2622-0989 (Print)
ISSN 2621-993X (Online)

DOI:Prefix 10.32535 by CrossREF

Journal of International Conference Proceedings (JICP) INDEXED:

 

In Process


This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.