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INTERACTION BETWEEN GOVERNMENT EXPENDITURE, GOOD GOVERNANCE, AND ECONOMIC GROWTH IN THE ASIA AND AFRICA REGION

Business and Economic Analysis Journal · Vol. 4 No. 2 (2024) · hlm. 62–76

DOI
10.15294/beaj.v4i2.3traek57
ISSN
2798-396X, 2776-9682
Terbit
2024-11-01
Penerbit
Universitas Negeri Semarang
Bahasa
eng

Abstrak

This research is motivated by the gap phenomenon in Asia and Africa, where there is a discrepancy between theory and previous research and the reality in these two regions. Based on government governance data, Asia and Africa have institutional qualities that could be better than other regions in the world. However, poor institutional quality does not reduce economic growth in the Asian and African regions. This research uses data from the World Bank and World Governance Indicators for the 2000-2022 period using variables of government governance, government spending, and economic growth. This research uses the FMOLS method using Eviews 10. The research results show that political stability, regulatory quality, and control of corruption have a positive and significant effect on economic growth in the Asian and African regions. Meanwhile, the effectiveness of government performance and the rule of law positively and significantly impact economic growth in the Asian region but do not influence the African region. The research results on the voice and accountability variables show no influence on economic growth in the Asian region. Still, the African region positively and significantly impacts economic growth.

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  • State University of Semarang
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Rekan penulisOrganisasiArtikel bersama
Sucihatiningsih Dian Wisika PrajantiState University of Semarang4
Rusdarti RusdartiAfiliasi tidak diketahui3
Dwi RahmayaniAfiliasi tidak diketahui3
Yozi Aulia RahmanAfiliasi tidak diketahui2
P. Eko PrasetyoAfiliasi tidak diketahui2
Deky Aji SusenoAfiliasi tidak diketahui2
Heri YantoAfiliasi tidak diketahui1
Amilia Widya PangestiAfiliasi tidak diketahui1
Dini Mellinda KrisnawatiAfiliasi tidak diketahui1
Ahmad Syahrul FauziAfiliasi tidak diketahui1
Luthfi Ibnu TsaniAfiliasi tidak diketahui1
Rasyad Nu'manAfiliasi tidak diketahui1
Erman Denny ArfintoAfiliasi tidak diketahui1
Ageng Cokro Syahid HasyimAfiliasi tidak diketahui1
Duyu FurohmahAfiliasi tidak diketahui1
Triyani LestariAfiliasi tidak diketahui1
Fafurida FafuridaAfiliasi tidak diketahui1
Ririn Bella SilviaAfiliasi tidak diketahui1
Nurjannah Rahayu KistantiAfiliasi tidak diketahui1
Mifta Qoirun Nisa ArifinAfiliasi tidak diketahui1
Elvira Latifa IsnainiAfiliasi tidak diketahui1
Anton SupriyadiAfiliasi tidak diketahui1
Muhammad Roy Joni IskandarAfiliasi tidak diketahui1
Andini KurniasariAfiliasi tidak diketahui1
Syafna FauziaAfiliasi tidak diketahui1
Ilham Aldi NurrochmanAfiliasi tidak diketahui1
Durrotul HikmahAfiliasi tidak diketahui1
Dina Hernita LestariAfiliasi tidak diketahui1
Fiki Dwi AisyahAfiliasi tidak diketahui1
Regina LulufaniAfiliasi tidak diketahui1
Audina Rizka NoormalitasariAfiliasi tidak diketahui1
Sefria ElinaAfiliasi tidak diketahui1
Adinda Dwi NurlestariAfiliasi tidak diketahui1
Annisa ShofuraAfiliasi tidak diketahui1
Dyah Maya NihayahAfiliasi tidak diketahui1
Avi Budi SetiawanAfiliasi tidak diketahui1
Farida Nur AzizahAfiliasi tidak diketahui1

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Sumber metadata: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/journals/beaj/oai, pertama di-harvest 5 Nov 2026, terakhir terlihat 5 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en">INTERACTION BETWEEN GOVERNMENT EXPENDITURE, GOOD GOVERNANCE, AND ECONOMIC GROWTH IN THE ASIA AND AFRICA REGION</dc:title>
	<dc:creator xml:lang="en">Dwi Tri Mega Rahayu</dc:creator>
	<dc:creator xml:lang="en">Andryan Setyadharma</dc:creator>
	<dc:creator xml:lang="en">Shanty Oktavilia</dc:creator>
	<dc:subject xml:lang="en">Economic Growth</dc:subject>
	<dc:subject xml:lang="en">Government Governance</dc:subject>
	<dc:subject xml:lang="en">Government Spending</dc:subject>
	<dc:description xml:lang="en">This research is motivated by the gap phenomenon in Asia and Africa, where there is a discrepancy between theory and previous research and the reality in these two regions. Based on government governance data, Asia and Africa have institutional qualities that could be better than other regions in the world. However, poor institutional quality does not reduce economic growth in the Asian and African regions. This research uses data from the World Bank and World Governance Indicators for the 2000-2022 period using variables of government governance, government spending, and economic growth. This research uses the FMOLS method using Eviews 10. The research results show that political stability, regulatory quality, and control of corruption have a positive and significant effect on economic growth in the Asian and African regions. Meanwhile, the effectiveness of government performance and the rule of law positively and significantly impact economic growth in the Asian region but do not influence the African region. The research results on the voice and accountability variables show no influence on economic growth in the Asian region. Still, the African region positively and significantly impacts economic growth.</dc:description>
	<dc:publisher xml:lang="en">Universitas Negeri Semarang</dc:publisher>
	<dc:date>2024-11-01</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/journals/beaj/article/view/8569</dc:identifier>
	<dc:identifier>10.15294/beaj.v4i2.3traek57</dc:identifier>
	<dc:source xml:lang="en">Business and Economic Analysis Journal; Vol. 4 No. 2 (2024): November 2024; 62-76</dc:source>
	<dc:source>2798-396X</dc:source>
	<dc:source>2776-9682</dc:source>
	<dc:source>10.15294/beaj.v4i2.ebep0c50</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/journals/beaj/article/view/8569/1387</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2024 Business and Economic Analysis Journal</dc:rights>
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