The growth determinant based on economic and non economic factors (empirical evidence in Central Java Province, Indonesia)

Abstract

The study of economic growth has been grown, if previously only paying attention to economic factors, now also consider non-economic factors. The development of growth studies has provided a new study perspective in recent decades so that it slowly develops into its own interest in study. This paper wants to fill this up by combining economic and non-economical factors as determinants of growth. This paper uses individual data for districts or cities in Central Java Province. The analysis technique used is ordinary least squares through multiple regression. The paper's findings show that only investment factors as a representation of economic factors that influence growth, while non-economic factors do not have a significant influence on growth, where the influence of non-economic factors produces ambiguous findings. From the findings of this paper, it still have some limitations that must be corrected for further study.