Pengaruh penanaman modal dalam negeri, penanaman modal asing, pengeluaran pemerintah dan tenaga kerja terhadap pertumbuhan ekonomi di provinsi pulau Jawa dalam perspektif ekonomi Islam
Panel data analysis found domestic investment significantly boosts economic growth in Java, highlighting key roles of government spending and investment.
Key Points
Domestic investment positively influences economic growth in Java, while foreign investment remains insignificant.
Government spending shows a positive and significant correlation with economic growth in the region.
Labor appears to negatively impact economic growth, indicating complexities in the workforce's effect.
The analysis used panel data from six provinces on Java Island, employing the fixed effect model to derive these findings.