Research Article
Identification of Leading Sectors in Increasing Economic Growth of Indonesia in Madiun City
@INPROCEEDINGS{10.4108/eai.30-7-2021.2313637, author={Ridho Muarief and Netty Lisdiantini and Yosi Afandi and Muhyiddin Aziz}, title={Identification of Leading Sectors in Increasing Economic Growth of Indonesia in Madiun City}, proceedings={First International Conference on Humanities, Education, Language and Culture, ICHELAC 2021, 30-31 August 2021, Flores, Indonesia}, publisher={EAI}, proceedings_a={ICHELAC}, year={2021}, month={11}, keywords={economic growth; leading sector}, doi={10.4108/eai.30-7-2021.2313637} }- Ridho Muarief
Netty Lisdiantini
Yosi Afandi
Muhyiddin Aziz
Year: 2021
Identification of Leading Sectors in Increasing Economic Growth of Indonesia in Madiun City
ICHELAC
EAI
DOI: 10.4108/eai.30-7-2021.2313637
Abstract
Within the framework of regional economic development goals needed policy development based on regional characteristics (endogenous development), by exploiting the potential of local resources. Identification of potential economic sectors (base) is needed for the optimization process and the success of economic development, where the process of structural transformation is happening in it. This research aims to identify leading sectors that can be developed in Madiun City. The leading sector is the main sector which is expected to be a driving force for the economic growth of a region, because it is able to make a large, competitive contribution and is able to encourage the growth of other sectors, so it is very useful in directing development and achieving its goals. The study was conducted by comparing the sectoral economic performance of Madiun City with the same sectoral performance in the East Java region as the reference area, with reference to the secondary GDP data of Madiun City and East Java Province for an observation period of at least 5 years. The tools used for analysis are Location Quotient, Model Growth Ratio and Overlay. The consequences of this take a look at indicate that the Manufacturing sector; Transportation and Storage; Accommodation and Food Service Activities; info and Communication; Business Activities; Human Health and social service Activity, these economic sectors have dominant growth and large contributions and are leading sectors.