"http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> Determinant of gross regional domestic product (GRDP) in Yogyakarta special province | Feriyanto | Economic Journal of Emerging Markets

Determinant of gross regional domestic product (GRDP) in Yogyakarta special province

Nur Feriyanto

Abstract


The aim of this study is to analyze the influence of employment, investment and the number of tourists towards GRDP in Yogyakarta. The data used in this research is a time series data for the period of 1999-2013. This research employed multiple regression and dynamic regression, namely partial adjustment model. The multiple regression estimation shows that employment has negative effect to GRDP, meanwhile the investment and the number of tourists have a positive relation towards dependent variable. Moreover, based on partial adjustment model, adjustment process also influences the output accumulation in Yogyakarta. Therefore, to develop the local economy, the government may invite more tourists as well as increase investment in Yogyakarta. 


Keywords


GRDP, employment, investment, number of tourists

Full Text:

PDF


DOI: http://dx.doi.org/10.20885/ejem.vol6.iss2.art6

Article Metrics

Metrics Loading ...

Metrics powered by PLOS ALM


Economic Journal of Emerging Markets (EJEM)
ISSN 2086-3128 (print), ISSN 2502-180X (online)
Published by:
Center for Economic Studies, Department of Economics,
Universitas Islam Indonesia, Indonesia.

Creative Commons License
EJEM by http://journal.uii.ac.id/index.php/JEP/ is licensed under a Creative Commons Attribution 4.0 International License.