Mengukur Efisiensi Investasi Daerah: Analisis Icor Kabupaten Bandung dan Proyeksi Tahun 2025–2030
DOI:
https://doi.org/10.61132/jepi.v3i4.1657Keywords:
ICOR, Investment Efficiency, Investment Projection, PDRB, PMTBAbstract
This study aims to analyze investment efficiency in Bandung Regency from 2011 to 2024 and project it for the years 2025 to 2030. Investment efficiency is measured using the Incremental Capital-Output Ratio (ICOR) based on data from Gross Regional Domestic Product (PDRB) and Gross Fixed Capital Formation (PMTB) at constant 2010 prices. Forecasting is performed using the Autoregressive Integrated Moving Average (ARIMA) model. The analysis results show fluctuating ICOR values, reflecting annual variations in investment efficiency. Projections for 2025–2030 indicate a potential decline in efficiency, which signals important considerations for regional development planning. The findings highlight the need for the Investment and Integrated One-Stop Service Office (DPMPTSP) to use ICOR as a key performance indicator when formulating more effective and efficient investment policies to support quality economic growth in Bandung Regency. This study recommends improving future investment policies by utilizing the ICOR indicator to monitor and evaluate the effectiveness of regional investments.
Downloads
References
Adhikari, R. (2018). Relevancy of Harrod-Domar Model in Nepalese Economy. IOSR Journal of Economics and Finance, 9(1), 37–44. https://doi.org/10.9790/5933-090103744
Amin, S., Al Kabir, F., & Khan, F. (2020). Energy-output nexus in Bangladesh: A two-sector model analysis. Energy Strategy Reviews, 32, 100566. https://doi.org/10.1016/j.esr.2020.100566
Clara Shinta, I., & Solikin, A. (2022). THE INFLUENCE OF CAPITAL EFFICIENCY AND EDUCATION SPENDING ON INDONESIA’S ECONOMIC GROWTH. Business and Accounting Research (IJEBAR) Peer Reviewed-International Journal, 6(2), 1160–1175. https://doi.org/10.29040/ijebar.v6i2.4922
Fafurida, F., Utomo, A., & Kuncoro, H. (2023). WHAT FACTORS INFLUENCE THE INCREMENTAL CAPITAL OUTPUT RATIO IN 8 ASEAN COUNTRIES? Economic Computation & Economic Cybernetics Studies & Research, 57(4), 91–108. https://doi.org/10.24818/18423264/57.4.23.06
Gujarati, D. N. (2021). Essentials of econometrics. Sage Publications.
Jamaludin, F. D., Hafizrianda, Y., Purwadi, M. A., & Kbarek, M. (2020). Pengaruh IPM, Pertumbuhan Ekonomi dan Tenaga Kerja terhadap Incremental Capital Output Ratio (ICOR) di Provinsi Papua. Jurnal Kajian Ekonomi Dan Studi Pembangunan, 7(1), 1–16. https://doi.org/10.56076/jkesp.v7i1.2173
Maria, P., Marpaung, K., & Takari, D. (2021). Analisis incremental capital output ratio (icor) pada proyeksi kebutuhan investasi kota palangka raya. JEPP: Jurnal Ekonomi Pembangunan Dan Pariwisata, 1(2), 15–26. https://doi.org/10.52300/jepp.v1i1.3504
Marissa, F., Yulianita, A., & Fitriyah, A. (2019). The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province. Jurnal Ekonomi Pembangunan, 17(2), 71–80. https://doi.org/10.29259/jep.v17i2.9399
Marliana, L. (2022). Analisis Pengaruh Indeks Pembangunan Manusia, Pertumbuhan Ekonomi dan Upah Minimum terhadap Tingkat Pengangguran Terbuka di Indonesia. Ekonomis: Journal of Economics and Business, 6, 87. https://doi.org/10.33087/ekonomis.v6i1.490
Martadinata, M. (2024). ANALISIS PENGARUH PERTUMBUHAN PENDUDUK, TENAGA KERJA, INVESTASI, DAN INFLASI TERHADAP PERTUMBUHAN EKONOMI KABUPATEN/KOTA DI PROVINSI JAWA TENGAH TAHUN 2015-2019. Diponegoro Journal of Economics, 11, 37–45. https://doi.org/10.14710/djoe.32660
Papaphilippou, A. (2021). On Moldova’s incremental capital-output ratio and the design of economic policy. Economy and Sociology, 1, 6–15. https://doi.org/10.36004/nier.es.2021.1-01
Putri Nugrahani, A., & Martha Hendrati, I. (2024). Media Trend Analysis of Potential Sector Investment Needs to Increase Economic Growth in East Java. MediaTrend, 19(1), 17–32. https://doi.org/10.21107/mediatrend.v19i1.18795
Sari, P. R. K., Masniadi, R., & Hasri, D. A. (2021). Projection of Investment and Incremental Capital Output Ratio Analysis of Nusa Tenggara Barat Province. Current Journal of Applied Science and Technology, 40, 39–49. https://doi.org/10.9734/CJAST/2021/v40i4631631
Suparmono, S. (2021). Determination of Investment Needs to Pursue Growth Targets through Incremental Capital Output Ratio (ICOR). Telaah Bisnis, 22(1), 49–58. https://dx.doi.org/10.35917/tb.v22i1.223
Yamani, M. (2022). Analisis Incremental Capital Output Ratio (ICOR) Kota Semarang. Jurnal Riptek, 16, 15–20. https://doi.org/10.35475/riptek.v16i1.146
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Jurnal Ekonomi dan Pembangunan Indonesia

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.



