{"title":"资本效率的决定因素及其对经济增长的影响:东爪哇的经验证据","authors":"D. Santoso, A. Suman","doi":"10.15408/sjie.v12i1.29965","DOIUrl":null,"url":null,"abstract":"East Java is the engine of Indonesia’s economic growth. Nevertheless, this region is still faced with the performance of industrial development, which has yet to increase consistently, thereby worsening efficiency and economic growth. As a result, this paper aims to investigate the causes and consequences of capital efficiency in the context of East Java. This paper produces three results by employing the 3SLS simultaneous equation estimation method. First, this paper demonstrates that industrial development in East Java improves efficiency. Second, improving the education level has a positive effect on capital efficiency. Lastly, an increase in capital inefficiency leads to a negative effect on economic growth in East Java. This study suggests three key policies for accelerating economic growth in East Java: providing incentives to industries that can increase capital efficiency, developing innovations to increase capital efficiency, and improving education quality to encourage increased human resource productivity.JEL Classification: D24, O14, O4How to Cite:Santoso, D. B., & Suman, A. (2023). Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 1-10. https://doi.org/10.15408/sjie.v12i1.29965.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2023-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java\",\"authors\":\"D. Santoso, A. Suman\",\"doi\":\"10.15408/sjie.v12i1.29965\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"East Java is the engine of Indonesia’s economic growth. Nevertheless, this region is still faced with the performance of industrial development, which has yet to increase consistently, thereby worsening efficiency and economic growth. As a result, this paper aims to investigate the causes and consequences of capital efficiency in the context of East Java. This paper produces three results by employing the 3SLS simultaneous equation estimation method. First, this paper demonstrates that industrial development in East Java improves efficiency. Second, improving the education level has a positive effect on capital efficiency. Lastly, an increase in capital inefficiency leads to a negative effect on economic growth in East Java. This study suggests three key policies for accelerating economic growth in East Java: providing incentives to industries that can increase capital efficiency, developing innovations to increase capital efficiency, and improving education quality to encourage increased human resource productivity.JEL Classification: D24, O14, O4How to Cite:Santoso, D. B., & Suman, A. (2023). Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 1-10. https://doi.org/10.15408/sjie.v12i1.29965.\",\"PeriodicalId\":266329,\"journal\":{\"name\":\"Signifikan: Jurnal Ilmu Ekonomi\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-04-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Signifikan: Jurnal Ilmu Ekonomi\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.15408/sjie.v12i1.29965\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Signifikan: Jurnal Ilmu Ekonomi","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.15408/sjie.v12i1.29965","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
摘要
东爪哇是印尼经济增长的引擎。然而,该地区仍然面临工业发展绩效的问题,工业发展绩效尚未持续提高,从而导致效率和经济增长恶化。因此,本文旨在调查东爪哇背景下资本效率的原因和后果。本文采用3SLS联立方程估计方法得到了三个结果。首先,本文论证了东爪哇的工业发展提高了效率。第二,教育水平的提高对资本效率有正向影响。最后,资本效率低下的增加对东爪哇的经济增长产生了负面影响。本研究提出了加速东爪哇经济增长的三个关键政策:为能够提高资本效率的产业提供激励,发展创新以提高资本效率,提高教育质量以鼓励提高人力资源生产率。JEL分类:D24, O14, o4如何引用:Santoso, D. B, & Suman, A.(2023)。资本效率的决定因素及其对经济增长的影响:东爪哇的经验证据。意义[j] .经济研究,12(1),1-10。https://doi.org/10.15408/sjie.v12i1.29965。
Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java
East Java is the engine of Indonesia’s economic growth. Nevertheless, this region is still faced with the performance of industrial development, which has yet to increase consistently, thereby worsening efficiency and economic growth. As a result, this paper aims to investigate the causes and consequences of capital efficiency in the context of East Java. This paper produces three results by employing the 3SLS simultaneous equation estimation method. First, this paper demonstrates that industrial development in East Java improves efficiency. Second, improving the education level has a positive effect on capital efficiency. Lastly, an increase in capital inefficiency leads to a negative effect on economic growth in East Java. This study suggests three key policies for accelerating economic growth in East Java: providing incentives to industries that can increase capital efficiency, developing innovations to increase capital efficiency, and improving education quality to encourage increased human resource productivity.JEL Classification: D24, O14, O4How to Cite:Santoso, D. B., & Suman, A. (2023). Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 1-10. https://doi.org/10.15408/sjie.v12i1.29965.