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PENGARUH PENGELUARAN PEMERINTAH, INVESTASI MODAL TETAP, DAN TENAGA KERJA TERHADAP PERTUMBUHAN EKONOMI DI NEGARA ASEAN-5
Economic growth is a key indicator of a country’s development success, including in the ASEAN-5 (Indonesia, Malaysia, Thailand, Singapore, and the Philippines), which serves as a major economic growth hub in Southeast Asia. This study analyzes the effect of government expenditure, gross fixed capital formation, and labor on economic growth during the period 2000–2023 using secondary data from the World Bank. The method employed is panel data regression with CEM, FEM, and REM approaches, where the Fixed Effect Model (FEM) was selected as the best model. The results show that government expenditure, gross fixed capital formation, and labor have a positive and significant effect on economic growth in ASEAN-5. Thus, the effectiveness of government spending, optimization of fixed capital investment, and productive utilization of labor are crucial factors in fostering sustainable economic growth in the region.
| Title | Edition | Language |
|---|---|---|
| PENGARUH PENGELUARAN PEMERINTAH,INVESTASI, DAN TENAGA KERJA TERHADAP PERTUMBUHAN EKONOMI DI PROVINSI SUMATERA SELATAN DAN KALIMANTAN TIMUR | id |