The Analysis of Regional Investment Model for Improving Development: The Case of Bungo District

Muhammad Syurya Hidayat* and Muhammad Rachmad Rasjid
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Muhammad Syurya Hidayat*: Faculty of Economics and Business, Jambi University, Jambi, Indonesia
Muhammad Rachmad Rasjid: Faculty of Economics and Business, Jambi University, Jambi, Indonesia

The Journal of Social Sciences Research, 2018, vol. 4, issue 12, 377-382

Abstract: This study aimed to determine the scale of local investment with incremental capital output ratio (ICOR) approach and to analyze the factors influenced private investment and their impact on economic development in Bungo District. The ICOR model was used to answer the purpose of the first research question, a multiple regression model was used to answer the purpose of the second research question, and simple regression model was used to for the purpose of the third research question. The finding showed that the average amount of investment in Bungo District for the last 5 years was Rp 0.905 trillion with an accumulated ICOR of 1.0992 and an average ICOR of 1.2360. Capital and resource expenditure factor. It was a very significant factor affected private investment in Bungo District at P

Keywords: Economic development; Incremental capital Output ratio; Investment model. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:arp:tjssrr:2018:p:377-382

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