DETERMINATION OF INVESTMENT NEEDS TO PURSUE GROWTH TARGETS THROUGH INCREMENTAL CAPITAL OUTPUT RATIO (ICOR)

Suparmono, Suparmono (2021) DETERMINATION OF INVESTMENT NEEDS TO PURSUE GROWTH TARGETS THROUGH INCREMENTAL CAPITAL OUTPUT RATIO (ICOR). Telaah Bisnis, 22 (1). pp. 49-58. ISSN 1411-6375

Preview	Text (Artikel) Determination of Investment Needs to Pursue Growht Targets 2-digabungkan.pdf Download (619kB) | Preview
Preview	Text (Peer Review) 14-PEER REVIEW_BARU_TELAAH_DETERMINATION ICOR_2021.pdf Download (1MB) | Preview
Preview	Text (Hasil Uji Similaritas) 13-TURNITIN_BARU_TELAAH BISNIS_ICOR_2021.pdf Download (2MB) | Preview

Abstract

This article aims to analyze the effectiveness of investment as measured by the need for investment to produce output at a certain level, which in turn can determine the regional economic growth target. The analytical tool used is the incremental capital output ratio (ICOR) and the determ ination of economic growth targets. The ICOR value used in this study was calculated using three calculation approaches, namely Lag0, Lag1, and Lag2 data. The data used in this study is data from the economy of the Special Region of Yogyakarta until 2019. The result is that during the research period, there is a correlation between ICOR and economic growth, meaning that the lower the ICOR value, the value of economic growth will also increase. This shows that the effectiveness and efficiency of investment will result in a positive impact on economic growth.

Actions (login required)

View Item