Error Correction Model Approach for Analysis of Original Regional Income in West Sumatra

In this research, an error correction model approach is used, namely looking at long-term and short-term relationships. Meanwhile, Original Regional Income (PAD) is all regional income originating from original regional economic sources. Sources of Original Regional Income according to Law Number 33 of 2004 Chapter V Article 6 consist of Regional Taxes, Regional Levies, Separated Regional Wealth Management Results and Other Legal PAD. because this approach uses long-term and short-term relationships, it is known that only variables x1 and x3 have a long-term relationship and variables x1 and x3 have a short-term relationship. so it can be concluded that not all independent variables have a connection with the dependent variable

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Journal
UNP Journal of Statistics and Data Science
Published
2025-03-02
DOI
https://doi.org/10.24036/ujsds/vol3-iss1/332
Primary Topic
Economic Growth and Fiscal Policies
Type
article
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Error Correction Model Approach for Analysis of Original Regional Income in West Sumatra

Hasrini Sari, Tessy Octavia Mukhti, Fadhilah Fitri, Nonong Amalita
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UNP Journal of Statistics and Data Science
Economic Growth and Fiscal Policies
article

Error Correction Model Approach for Analysis of Original Regional Income in West Sumatra

Hasrini Sari, Tessy Octavia Mukhti, Fadhilah Fitri, Nonong Amalita
article en

Abstract

In this research, an error correction model approach is used, namely looking at long-term and short-term relationships. Meanwhile, Original Regional Income (PAD) is all regional income originating from original regional economic sources. Sources of Original Regional Income according to Law Number 33 of 2004 Chapter V Article 6 consist of Regional Taxes, Regional Levies, Separated Regional Wealth Management Results and Other Legal PAD. because this approach uses long-term and short-term relationships, it is known that only variables x1 and x3 have a long-term relationship and variables x1 and x3 have a short-term relationship. so it can be concluded that not all independent variables have a connection with the dependent variable

UNP Journal of Statistics and Data ScienceVol. 3(1)
State University of Padang (ID)
Openalex Percentile: Top 88%
Economic Growth and Fiscal Policies
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Error Correction Model Approach for Analysis of Original Regional Income in West Sumatra — Hasrini Sari, Tessy Octavia Mukhti, et al. · UNP Journal of Statistics and Data Science (2025) | TGRS Research Map | TGRS