Analysis of Efficiency Investment by using ICOR Approach to the Economic Growth in All Provinces of Sumatera Island

Anna Yulianita, Feny Marissa, Fera Widyanata, Annisa Fitriyah, Monica Marcheline

2018

Abstract

This study aims to describe the effect of investment efficiency through ICOR approach to the economic growth of provinces on Sumatra Island between 2007 and 2016. Using the data panel and Fixed Effect Model, this study confirms that ICOR has a negative correlation with the level of economic growth like has been expected in the theoretical model and it also found that the ICOR coefficient is -0.21. The coefficient shows the meaning that the increasing in investment efficiency through the decreasing one percent of ICOR will boost the economic growth of ten provinces in Sumatra by 0.21 percent. Based on the ICOR project of Sumatra Island 12,762 - 0,2144 * ICOR shows that investment use is more efficient in increasing economic growth in 2007-2016. This research also shows that for the Province of North Sumatra, Riau Province, Jambi Province, Bengkulu Province and Lampung Province have grown better than other provinces in Sumatra Island in the same development stage without an increase in the proportion of investment to Gross Domestic Regional Product.

Paper Citation

in Harvard Style

Yulianita A., Marcheline M., Fitriyah A., Widyanata F. and Marissa F. (2018). Analysis of Efficiency Investment by using ICOR Approach to the Economic Growth in All Provinces of Sumatera Island.In Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - Volume 1: SEABC, ISBN 978-989-758-387-2, pages 708-714. DOI: 10.5220/0008444307080714

in Bibtex Style

@conference{seabc18,
author={Anna Yulianita and Monica Marcheline and Annisa Fitriyah and Fera Widyanata and Feny Marissa},
title={Analysis of Efficiency Investment by using ICOR Approach to the Economic Growth in All Provinces of Sumatera Island},
booktitle={Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - Volume 1: SEABC,},
year={2018},
pages={708-714},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008444307080714},
isbn={978-989-758-387-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - Volume 1: SEABC,
TI - Analysis of Efficiency Investment by using ICOR Approach to the Economic Growth in All Provinces of Sumatera Island
SN - 978-989-758-387-2
AU - Yulianita A.
AU - Marcheline M.
AU - Fitriyah A.
AU - Widyanata F.
AU - Marissa F.
PY - 2018
SP - 708
EP - 714
DO - 10.5220/0008444307080714