(Department of Business, Politeknik Negeri Lhokseumawe, Aceh, Indonesia)
(2) Syarifudin Syarifudin
(Universitas Gajah Putih, Takengon, Aceh Tengah, Indonesia)(3) Yulianisah Yulianisah
(Department of Business, Politeknik Negeri Lhokseumawe, Aceh, Indonesia)*Corresponding author
AbstractEconomics growth is influenced by many variables that are interrelated. Each variable is a variable that influences and even influenced. Economic growth over the past ten years has experienced positive growth. However, economic growth has not been able to improve macroeconomic indicators such as unemployment, employment opportunities, inflation, investment and others. Although the economy is growing, poverty is still high. This research was conducted in Aceh. This study aims to determine how economic growth can occur and increase in Aceh. The data in this study comes from reports by the government, We used data on GRDP, unemployment, poverty, investment, labor and others. The data to be taken is 13 years from 2010-2023. To analysis data in this study, we uses dynamic model analysis. which is a method of solving complex problems that arise due to the tendency of cause and effect from various variables in the system. This methodology focuses on policy and how its determines the behavior of problems that can be modeled by dynamic systems. The stages in the process of dynamic system modelling are as follows: problem identification, system building, formulation, simulation and validation, and policy or scenario. From the simulation results, it was obtained that the trend of economic growth will increase if the capital output ratio can be achieved lower than 5, and the capital age can be increased more than 25 years. The local government needs to increase investment to increase output as a consequence of increasing ICOR.
KeywordsEconomic Growth; Dynamic System; Validation; Simulation
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DOIhttps://doi.org/10.33122/ejeset.v7i1.1173 |
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