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Chapter

Convergency of revenue per capita regional New Autonomy (NAR) in Indonesia

Chapter

Convergency of revenue per capita regional New Autonomy (NAR) in Indonesia

DOI link for Convergency of revenue per capita regional New Autonomy (NAR) in Indonesia

Convergency of revenue per capita regional New Autonomy (NAR) in Indonesia book

Convergency of revenue per capita regional New Autonomy (NAR) in Indonesia

DOI link for Convergency of revenue per capita regional New Autonomy (NAR) in Indonesia

Convergency of revenue per capita regional New Autonomy (NAR) in Indonesia book

ByAmbya
BookThe Future Opportunities and Challenges of Business in Digital Era 4.0

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Edition 1st Edition
First Published 2020
Imprint Routledge
Pages 4
eBook ISBN 9780367853778

ABSTRACT

The purpose of this study is to analyze the sigma and absolute beta convergence and measure the speed of per capita income merging occurring in the New Autonomous Region in Western Indonesia. The independent variable used is the Gross Domestic Product (GDP) per capita, while panel data with model fixed effect were the data used. The results showed that sigma convergence did not occur during the study period. Primarily, absolute convergence does not occur as evidenced by the lower level of income per capita NAR, which does not grow as faster as the NAR. The speed of absolute beta convergence is fifteen percent per year, while the time needed to close half of the initial gap between the New Autonomous Region (NAR) in Western Indonesia is four years.

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