The Influence of Effectiveness and Efficiency Ratio on Regional Economic Growth in North Sumatra Province

Nashriatun Munawwarah, Khaira Amalia Fachrudin, Amlys Syahputra Silalahi

Abstract


This research aims to test and prove the influence of effectiveness ratios and efficiency ratios on regional economic growth in North Sumatra Province. This research is research with a quantitative approach. The type of data used in this research is secondary data in the form of district or city budget realization reports in North Sumatra Province. The data analysis technique used is structural equation modeling ( SEM) with partial least squares (PLS) analysis. The research results prove that the effectiveness ratio has an effect on regional economic growth, while the efficiency ratio has no effect on economic growth.


Keywords


Efficiency Ratio, Effectiveness Ratio, Regional Economic Growth.

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References


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DOI: https://doi.org/10.30596/miceb.v2i0.808

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