Spatial Econometric Model on Economic Growth in West Nusa Tenggara

  • Siti Soraya Universitas Bumigora
  • Baiq Candra Herawati Universitas Bumigora
  • Muttahid Shah Islamia College University Peshawar
  • Syaharuddin Syaharuddin Universitas Muhammadiyah Mataram
Keywords: Spatial dependence, Spatial Error Model (SEM), Economic growth, Labor, Capital

Abstract

Gross Regional Domestic Product (GRDP) is a reflection of a region's economic growth. West Nusa Tenggara (NTB) is one of the provinces that contributes to good GRDP for Indonesia. The purpose of this research is to modeling GRDP in NTB using spatial econmetrics. The data used is the GRDP data of each district / city in NTB Province as a response variable and factors that affect the number of workers, capital value and electrification ratio as predictor variables. The results showed that there is a spatial dependence on the district / city GRDP in NTB Province on the error model so that the model formed is the Spatial Error Model (SEM) with a rho of 71.1% and an AIC value of 173.34.

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Published
2021-04-30
How to Cite
[1]
S. Soraya, B. Herawati, M. Shah, and S. Syaharuddin, “Spatial Econometric Model on Economic Growth in West Nusa Tenggara”, Jurnal Varian, vol. 4, no. 2, pp. 153 - 158, Apr. 2021.
Section
Articles

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