@phdthesis{digilib74723,
           month = {November},
           title = {ANALISIS EFISIENSI INVESTASI DI PULAU JAWA: PENGARUH TENAGA KERJA, PENDIDIKAN, SUKU BUNGA, DAN BELANJA PEMERINTAH TERHADAP INCREMENTAL CAPITAL OUTPUT RATIO (ICOR) STUDI 6 PROVINSI DI PULAU JAWAN},
          school = {UIN SUNAN KALIJAGA YOGYAKARTA},
          author = {NIM.: 21108010061 Wildany Dimna Ridwan},
            year = {2025},
            note = {Dr. Muhammad Ghafur Wibowo, S.E., M.Sc.},
        keywords = {Investasi, ICOR, Tenaga Kerja, Pendidikan, Suku Bunga, Belanja Pemerintah, GMM},
             url = {https://digilib.uin-suka.ac.id/id/eprint/74723/},
        abstract = {The analysis of investment efficiency across six provinces in Java Island during the 2018-2023 period examines the influence of labor, education, interest rates, and government expenditure on the Incremental Capital Output Ratio (ICOR). Using a dynamic panel data approach with the Generalized Method of Moments (GMM), the results indicate that labor has a significant negative effect on ICOR, education has a negative but insignificant effect, interest rates have a significant positive effect, and government expenditure has a positive but insignificant effect. These findings suggest that higher labor participation enhances investment efficiency, whereas rising interest rates tend to reduce it. Therefore, well-aligned policies in labor, education, and monetary sectors are essential to foster sustainable investment efficiency in Java Island.}
}