PENGARUH INFRASTRUKTUR DAN KETERKAITAN SPASIAL TERHADAP KONVERGENSI BETA DI INDONESIA
ABSTRACT: Motivated
inter-regional disparities condition that occurs persistently, this thesis
examines the Indonesian economy in the long run, whether it will tend to
converge or diverge. This convergence is based on the Solow Neoclassical growth
theory which assumes the existence of diminishing returns to capital so that
when the developed countries reach steady state conditions, developing
countries will continuous growth up to ‘catch-up‘ with developed countries.
This thesis also focuses on the influence of spatial dependency and
infrastructure since regional economics perspective, each region can not be
treated as a stand-alone unit. Economical and political situation of a region
will influence policy in that region which will also have an impact to the
neighboring regions. The estimation results of
spatial cross-regressive model using fixed effect method consistently
confirmed that the Indonesian economy in the long term will likely converge
with a speed of 8.08 percent per year. Other finding is, road infrastructure
has a positive effect on economic growth and investment and road infrastructure are spatially showed
a positive effect on economic growth. In other words, the investment and the
infrastructure of a region not only affect the economic growth of that region
but also to the economy of the contiguous region.
KEYWORDS: convergence,
infrastructure, spatial dependency
Penulis: Anisa Fahmi
Kode Jurnal: jpmanajemendd151560
