Relationship between infrastructure and economic growth: The case of Indonesia

Stefanie Fera Tumbelaka

Master's thesis

Abstract:

This Master's thesis examines Indonesia's economic growth and development through the economic impact of infrastructure. For this study, the link between numerous sectors such as current health expenditure, direct investment in electricity, gas, and water, direct investment in construction, direct investment in transportation and communication, and Indonesian economic development was explored. Annual data from 2001 to 2020 were utilized for the analysis. The data analysis was performed using the Ordinary Least Squares (OLS) method. According to the empirical findings, there is a positive significant relationship between current health expenditure and direct electricity investment and Indonesian economic development. Direct investment in construction, on the other hand, has a negative influence on economic growth, whereas direct investment in transportation and communication has doesn’t show significance on the GDP.

Keywords

Direct Investment, Expenditure, Electricity, Gas, Water, Construction, Transportation, Communication, GDP

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 31. 3. 2022

Obhajoba závěrečné práce

• Vedúci: doc. Ing. Irena Benešová, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / odbor:
Economics and Management / Economics and Management