PENGARUH GOOD GOVERNANCE TERHADAP PERTUMBUHAN EKONOMI DI ASEAN

Abstract

Economic growth is one of the indicators of the success of the performance of the economy of a country. The role of the Government in good governance are expected to encourage the achievement of increased economic growth. This research aims to analyze the effect of good governance towards economic growth in ASEAN. Through good governance as measured using the indicators, control of corruption, government effectiveness, political stability and absence violence, regulatory quality, rule of law and voice and accountability that is applied can encourage the stability of the economy. The data used in this research is the data panel with time series data from 2004 to 2014 and cross section data for as many as 10 countries in ASEAN with the regression model used is the data panel Fixed Effect Model (FEM). Economic growth data are used as the dependent variable and the data is good governance which includes the control of corruption, government effectiveness, political stability and absence violence, regulatory quality, rule of law and of voice and accountability as the independent variable. Based on the results of the regression data panel note that variables are not significant effect on economic growth in ASEAN is the control of corruption, government effectiveness, rule of law, and voice and accountability. While the variable political stability and absence of significant violence and regulatory quality influence on economic growth in ASEAN.