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primary topic: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND

DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND
type: Thesis
type: Article
abstract: This study analyzes the determinants of economic growth in ten provinces on Sumatera Island using panel data from 2012 to 2024. Economic growth is measured by Gross Regional Domestic Product (GRDP), while domestic investment (PMDN), Human Development Index (HDI), and Information and Communication Technology Development Index (IP-TIK) are employed as explanatory variables. The empirical model is estimated using a Fixed Effect Model (FEM) with Seemingly Unrelated Regression (SUR) to address cross-sectional correlation and improve estimation efficiency. The results indicate that domestic investment and human development have a positive and statistically significant effect on economic growth, confirming the theoretical predictions of endogenous growth theory that emphasize the role of capital accumulation and human capital in fostering long term growth. In contrast, the ICT development index exhibits a negative and significant effect, suggesting that digital development in Sumatera has not yet been fully transformed into productive economic activities and may still be dominated by consumption based usage. These findings imply that policies aimed at strengthening investment quality, improving human capital, and directing ICT utilization toward productive sectors are essential to promote sustainable regional economic growth in Sumatera Island. Keywords: Economic Growth, Domestic Investment, Human Development Index, ICT Development Index
date: 2026-03-06
status: published
author list: authors
type: EPrint
type: ThesisEPrint
is part of: repository
has document: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
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has document: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
subject: Ekonomi Syariah

DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
type: Document
has file: 22108010072_BAB-I_IV-atau-V_DAFTAR-PUSTAKA.pdf
has part: 22108010072_BAB-I_IV-atau-V_DAFTAR-PUSTAKA.pdf

DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
type: Document

UIN SUNAN KALIJAGA YOGYAKARTA
type: Organization

FAKULTAS EKONOMI DAN BISNIS ISLAM, UIN SUNAN KALIJAGA YOGYAKARTA
type: Organization

NIM.: 22108010072 Khairil Ghifari
type: Person
given name: NIM.: 22108010072
family name: Khairil Ghifari

DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
type: Document
is version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
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DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
type: Document
is version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
is volatile version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
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DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
type: Document
is version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
is volatile version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
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DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
type: Document
is version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
is volatile version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
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DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
type: Document
is version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
is volatile version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
islightbox thumbnail version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)

DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
type: Document
is version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
is volatile version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
ispreview thumbnail version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)

DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
type: Document
is version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
is volatile version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
ismedium thumbnail version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)

DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Other)
type: Document
is version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
is volatile version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)
issmall thumbnail version of: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND (Text)

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primary topic: DETERMINANTS OF ECONOMIC GROWTH IN TEN PROVINCES OF SUMATERA ISLAND

Ekonomi Syariah
type: Concept