Analysis of the Influence of Road Infrastructure and Transportation Infrastructure on Economic Growth in Lampung Province
DOI:
https://doi.org/10.33005/icebgc.v6i1.84Keywords:
Road Infrastructure, Transportation Infrastructure, Economic Growth, Gross Regional Domestic ProductAbstract
This article investigates the significant role of government in fostering economic growth through state development programs. Economic growth is essential for a nation's prosperity and addressing social issues like extreme poverty. Proper infrastructure facilities, including roads, electricity, and water, are crucial for stimulating economic activity and ensuring equitable development and community welfare. Infrastructure acts as the engine driving both national and regional development, making public and private funding distribution crucial for balanced growth. Furthermore, transportation infrastructure plays a pivotal role in advancing and connecting regions, facilitating the movement of goods, services, and people. This study explores the impact of Road Infrastructure and Transportation Infrastructure on economic growth in Lampung Province over an 11-year period using Ordinary Least Squares (OLS) method and processed with SPSS 25 software. In this study multiple regression will be used to examine the effect of the independent variables (Road Infrastructure and Transportation Infrastructure) partially on the dependent variable (Economic Growth). The results indicate that Transportation Infrastructure has a significant positive effect on economic growth, while Road Infrastructure shows a negative and insignificant effect. The article highlights the importance of developing robust transportation systems to drive economic growth and promote prosperity.
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