Implementation of Decentralization Policy on Economic Growth in Central Java Province (GMM Arellano-Bond Approach)
Abstract
This study aims to analyze the influence of fiscal decentralization, regional inequality, and investment on economic growth. This study used 35 regencies/cities in Central Java for the 2013-2019 period with a dynamic panel data analysis method using the General Method of Moment Arellano-Bond approach. Data collected from the Central Bureau of Statistics. The results of this study show that fiscal decentralization has a negative and insignificant relationship to economic growth. Meanwhile, regional inequality and investment show a positive and significant relationship with economic growth.
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DOI: http://dx.doi.org/10.18415/ijmmu.v9i9.3926
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