Proceedings of the International Conference on Entrepreneurship, Leadership and Business Innovation (ICELBI 2022)

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Determination of the Growth Rate of Gross Domestic Regional Product (GDRP) of the Agricultural Sector in Indonesia, Period 2012 – 2021

Authors
Ayu Tri Wahyuni1, Dini Hariyanti1, *
1Department of Economics, Faculty of Economic and Business, Universitas Trisakti, Jakarta, Indonesia
*Corresponding author. Email: dinihariyanti@trisakti.ac.id
Corresponding Author
Dini Hariyanti
Available Online 10 January 2024.
DOI
10.2991/978-94-6463-350-4_17How to use a DOI?
Keywords
FDI; DDI; FTT; GDRP in Agricultural Sector
Abstract

This study aims to determine the impact of land area, labor, foreign direct investment (FDI), domestic direct investment (DDI) in the agriculture sector, and farmer's term of Trade (FTT) on the growth rate of Gross Domestic Regional Product (GDRP) of the agricultural sector. The sample was taken from five agricultural sectors in the provinces with low growth rates, i.e., Riau Island, Banten, West Java, East Java, and East Kalimantan, during the 2012 to 2021 period. The forecasting method used Ordinary Least squares with panel data. The selected model is the Fixed Effect Model. The results showed that labor and Domestic Direct Investment (DDI) in the agricultural sector had a significantly positive effect on the growth rate of GDRP. While land area, Foreign Direct Investment (FDI) in the agricultural sector, and Farmer's Term of Trade (FTT) have no significant effect on the GDRP growth rate in the agricultural sector in Indonesia.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Entrepreneurship, Leadership and Business Innovation (ICELBI 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
10 January 2024
ISBN
978-94-6463-350-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-350-4_17How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ayu Tri Wahyuni
AU  - Dini Hariyanti
PY  - 2024
DA  - 2024/01/10
TI  - Determination of the Growth Rate of Gross Domestic Regional Product (GDRP) of the Agricultural Sector in Indonesia, Period 2012 – 2021
BT  - Proceedings of the International Conference on Entrepreneurship, Leadership and Business Innovation (ICELBI 2022)
PB  - Atlantis Press
SP  - 176
EP  - 184
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-350-4_17
DO  - 10.2991/978-94-6463-350-4_17
ID  - Wahyuni2024
ER  -