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Jurnal

Jurnal Ekonomi & Bisnis Indonesia

Keyword

Regional development, TFP, econometrics, statistic

Pengarang

Adiwan F. Aritenang*

Subject

  1. ECONOMIC
  2. BUSINESS

    [Abstrak]

    The development in
    Indonesia regrions has been unbalance over the years. In Indonesia, significant
    differences on local governance capacities and natural resources lead to
    variation of regional economic development. Following economic theory,
    technology and innovation are expected to solve regional unbalanced development
    through optimizing local endowments and human capital. This paper aims to
    explore the role of technology and knowledge in regional economic development.
    The total factor productivity (TFP) measurement and econometrics analysis are
    conducted to explore technology contributions on regional economic development
    in Indonesia regions. The paper finds that technology level contributes
    significantly to economic growth, complementary with manufacturing industry. In
    addition, regional expenditure on education and research and development
    (R&D) are insignificant to economic growth. These findings confirm the role
    of industries in regional economic development.


     






    Periode

    Vol 28, Nomor 01, Tahun 2013

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