Clustering of Provincial Government in Indonesia Based on Fixed Asset Ownership and Economic Growth
- DOI
- 10.2991/assehr.k.220301.077How to use a DOI?
- Keywords
- economic growth; fixed asset ownership; gross regional domestic product; the provincial government
- Abstract
The availability of infrastructure will affect the level of community access to resources, ultimately encouraging economic growth and reducing poverty levels. This study aims to cluster the provincial governments in Indonesia based on fixed asset ownership and economic growth during the 2015-2019 period. This research data is GRDP and fixed assets owned by the provincial governments in Indonesia, with the data period is 2014-2019. GRDP data is obtained from the BPS website, while fixed-asset data is obtained from the provincial government’s financial reports. The analytical tool used is k-means analysis to cluster provincial governments in Indonesia based on fixed asset ownership and economic growth (as proxied by GRDP). The result shows that cluster one consists of one province with low fixed asset growth and high economic growth. Cluster two consists of 24 provinces with low fixed asset growth and near-average economic growth. Cluster three consists of one province that have high fixed asset growth and low economic growth. And cluster four consists of eight provinces that have low fixed asset growth and low economic growth.
- Copyright
- © 2022 The Authors. Published by Atlantis Press SARL.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Ratna Wulaningrum AU - Venti Eka Satya AU - Muhammad Kadafi AU - Amiril Azizah PY - 2022 DA - 2022/03/04 TI - Clustering of Provincial Government in Indonesia Based on Fixed Asset Ownership and Economic Growth BT - Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021) PB - Atlantis Press SP - 471 EP - 476 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.220301.077 DO - 10.2991/assehr.k.220301.077 ID - Wulaningrum2022 ER -