Publication Date: 2023/09/07
Abstract: The purpose of this study is to determine the effect of medium and large industries on the performance of the manufacturing sector and the implications for economic growth. The approach used is a quantitative methodology, and the dataset used consists of time series data from 2016 to 2021, obtained from the Central Statistics Agency for Banten Province (BPS Banten). In addition, library data provided additional support for this research. To test the hypothesis, especially the effect of medium and large industries on the performance of the manufacturing industry and its effect on economic growth (GRDP), ECM analysis techniques are used to determine the relationship between the independent variables and the dependent variable. The findings of this study indicate that the results of the ECM estimation further indicate that only the manufacturing industry performance variable has an important impact on short- term economic growth.
Keywords: Economic Growth, Manufacturing, Industry.
DOI: https://doi.org/10.5281/zenodo.8323492
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23AUG1753.pdf
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