Econometric Analysis With Panel Data: Measuring Relations And Contributions Of Influential Factors On Income Per Capita Across Districts In Sragen Regency
Abstract: Levels of prosperity
of an area is measured by income per capita. Income per capita is derived from
regional income divided by mid-year population number. In Srgaen Regency,
income per capita among districts very different significanly so a reaserch is
needed to know the causes of this variability. In general, many factors affect
the income per capita and each factor may have different effect in form of
relationship and level of contribution. To solve these problems this reaserch
used econometric which is the result of a certain outlook on the role of
economics, consists of the application of mathematical statistics to economic
data to lend empirical support to the models constructed by mathematical
economics and to obtain numerical results. Panel data which is a combination of
data type cross-section and times series is used in this study. To combine the
indicators variables that have different units is used factor analysis.
Regression model pooled least square (PLS), fixed effect, and random effect was
tested to get the most representative models describing the relationship
between income per capita and the factors that influence. From the analysis it
shown that not all district have the same model. Thus the Government of Sragen
Regency can treatment on different district based on the factors that influence
and encourage these factors so that the income per capita is increasing.
Penulis: Raditya Teguh
Anugraha, I Wayan Suletra, Yusuf Priyandari
Kode Jurnal: jptindustridd140641
