ambya, ambya and Nairobi, Nairobi and suparta, i wayan and Desfiandi, Andi and said, jamaliah (2019) The Disparity And The Convergence Of The Economic Growth: The Study Of The New Autonomous Regions In Sumatera, Indonesia. Humanities & Social Sciences Reviews, 7 (6). pp. 673-679. ISSN 2395-6518

A. The Disparity And The Convergence Of The Economic Growth.pdf

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Purpose: As a province located outside Java Island, the provinces in Sumatera Island have diversity in economic growthamong the regions which could lead to the inequality of development. This study aims to analyze the convergence ofsigma and absolute beta and also to measure the speed of the convergence of the economic growth in the newautonomous regions in Sumatera. Methodology: The research method in this study used the data panel in the form of Fixed Effect model. Results: The result of the research showed that the convergence of sigma occurred over four years during the studyperiod while the convergence of the absolute beta did not occur. It can be seen from the Gross Regional Domestic Product (GRDP) per capita levels of the new autonomous regions which are lower and it does not grow faster than the new autonomous regions which have higher GRDP per capita levels. The absolute convergence rate is 11 percent peryear and the time it takes to close half of the initial half-time conversion (the half-time convergence) is six years. Keywords: New Autonomous Regions, Convergence, Economic Growth, Convergence of Sigma and Absolute Beta.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Fakultas Ekonomi dan Bisnis (FEB) > Prodi Ekonomi Pembangunan
Depositing User: I WAYAN SU
Date Deposited: 19 May 2020 13:59
Last Modified: 19 May 2020 13:59

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