Analysis of Growth Ratio Model

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Analysis of Regency/City Leading Sector in the North Sumatra Mebidangro Area

The Leading Sector in the Mebidangro Area, North Sumatra: Analysis of Economic Potential and Inter-Region Linkages

Building an area requires a careful strategy, especially when resources are limited. Focus on the leading sector which has a major impact is an effective solution. In North Sumatra, the Mebidangro area, which includes Medan City, Binjai City, Deli Serdang Regency, and Karo Regency, has significant economic potential. This area is designated as a national strategic area through Perpres No. 62 of 2011, and became the center of economic growth in North Sumatra.

The Mebidangro area has undergone significant economic growth in recent years, driven by various sectors such as construction, trade, hotel and restaurant, transportation and communication, financial, and service sectors. The growth of these sectors has created new employment opportunities, improved the welfare of the community, and encouraged sustainable development in the region. However, to sustain this growth, it is essential to identify the leading sector and analyze its economic potential and inter-regional linkages.

Methodology

This study analyzes the leading economic sector in Mebidangro using several analytical methods, namely:

*** Klassen Typology Analysis: ** Classifying the growth of the economic sector in each region. *** Analysis of Location Quotient (LQ): ** Identifying the base sector or sector that is the backbone of the economy. *** Shift Share Analysis: ** Assessing the shift in the economic sector, both nationally and regionally. *** Analysis of Growth Ratio Model: ** Evaluating the growth of the economic sector in the future. *** Overlay analysis: ** Combining various data to identify economic potential. *** Gravity Analysis: ** Assessing economic attraction between regions.

Results

The results showed that the service sector became a leading sector and developed rapidly in each region in Mebidangro. The service sector has great potential as the main driver of the economy in Mebidangro, due to the important role of the service sector in supporting other sectors, such as trade, tourism, and transportation.

The leading sector with positive growth (P> 0) in the Mebidangro area is:

Construction sector: The construction sector has experienced significant growth in Mebidangro, driven by the increasing demand for housing and infrastructure development.
Trade, hotel and restaurant sectors: The trade, hotel and restaurant sectors have also experienced significant growth, driven by the increasing demand for tourism and hospitality services.
Transportation and Communication Sector: The transportation and communication sector has experienced significant growth, driven by the increasing demand for transportation and communication services.
Financial sector, rental and company services: The financial sector, rental and company services have also experienced significant growth, driven by the increasing demand for financial services and company services.
Service sector: The service sector has experienced significant growth, driven by the increasing demand for services such as education, healthcare, and entertainment.

In addition, there are two sectors that have experienced a significant increase at the regional level (D> 0) in the four regions of Mebidangro:

Processing industry sector: The processing industry sector has experienced significant growth, driven by the increasing demand for processed goods.
Service sector: The service sector has also experienced significant growth, driven by the increasing demand for services such as education, healthcare, and entertainment.

Economic Potential and Inter-Regional Linkages

Medan City has an important role as a center of growth in Mebidangro, and has a strong economic relationship with other regions. Gravity analysis shows that the city of Medan has a high economic appeal for the surrounding area. This shows that the economic growth of the city of Medan will have a positive impact on economic development in other regions in Mebidangro.

Recommendation

To sustain the growth of the leading sector in Mebidangro, the following recommendations are made:

Improved infrastructure: Improving the quality of infrastructure in Mebidangro to support the development of the service sector. *Development of Human Resources: Strengthening the quality of human resources in the service sector. *Collaboration between regions: Increasing cooperation between regions in Mebidangro to develop the service sector in an integrated manner. Utilization of Technology: Optimizing the use of information and communication technology to improve the efficiency of the service sector.

The development of the leading sector in Mebidangro will not only increase economic growth, but also opens up new employment opportunities, improve the welfare of the community, and encourage sustainable development in the region.

Conclusion

In conclusion, the analysis of the leading sector in Mebidangro has shown that the service sector has great potential as the main driver of the economy in Mebidangro. The service sector has experienced significant growth, driven by the increasing demand for services such as education, healthcare, and entertainment. To sustain this growth, it is essential to improve the quality of infrastructure, strengthen the quality of human resources, increase cooperation between regions, and optimize the use of information and communication technology.

References

Perpres No. 62 of 2011
Klassen Typology Analysis
Analysis of Location Quotient (LQ)
Shift Share Analysis
Analysis of Growth Ratio Model
Overlay analysis
Gravity Analysis

Future Research Directions

Future research directions include:

Conducting a more in-depth analysis of the service sector in Mebidangro
Analyzing the impact of the service sector on economic growth in Mebidangro
Identifying the key factors that contribute to the growth of the service sector in Mebidangro
Developing a strategy to sustain the growth of the service sector in Mebidangro

By conducting further research in these areas, it is possible to gain a deeper understanding of the service sector in Mebidangro and develop effective strategies to sustain its growth.
Frequently Asked Questions (FAQs) about the Analysis of Regency/City Leading Sector in the North Sumatra Mebidangro Area

Q: What is the Mebidangro area, and why is it significant?

A: The Mebidangro area is a region in North Sumatra, Indonesia, that includes Medan City, Binjai City, Deli Serdang Regency, and Karo Regency. It is designated as a national strategic area through Perpres No. 62 of 2011 and has significant economic potential.

Q: What are the leading sectors in the Mebidangro area?

A: The leading sectors in the Mebidangro area are the service sector, construction sector, trade, hotel and restaurant sectors, transportation and communication sector, financial sector, rental and company services, processing industry sector, and service sector.

Q: Why is the service sector a leading sector in the Mebidangro area?

A: The service sector is a leading sector in the Mebidangro area because it has experienced significant growth, driven by the increasing demand for services such as education, healthcare, and entertainment. The service sector also plays an important role in supporting other sectors, such as trade, tourism, and transportation.

Q: What is the role of Medan City in the Mebidangro area?

A: Medan City plays an important role as a center of growth in the Mebidangro area, with a strong economic relationship with other regions. Gravity analysis shows that the city of Medan has a high economic appeal for the surrounding area.

Q: What are the recommendations for sustaining the growth of the leading sector in the Mebidangro area?

A: The recommendations for sustaining the growth of the leading sector in the Mebidangro area include:

Improving the quality of infrastructure to support the development of the service sector
Strengthening the quality of human resources in the service sector
Increasing cooperation between regions in Mebidangro to develop the service sector in an integrated manner
Optimizing the use of information and communication technology to improve the efficiency of the service sector

Q: What are the benefits of developing the leading sector in the Mebidangro area?

A: The benefits of developing the leading sector in the Mebidangro area include:

Increasing economic growth
Creating new employment opportunities
Improving the welfare of the community
Encouraging sustainable development in the region

Q: What are the future research directions for the analysis of the leading sector in the Mebidangro area?

A: The future research directions for the analysis of the leading sector in the Mebidangro area include:

Conducting a more in-depth analysis of the service sector in Mebidangro
Analyzing the impact of the service sector on economic growth in Mebidangro
Identifying the key factors that contribute to the growth of the service sector in Mebidangro
Developing a strategy to sustain the growth of the service sector in Mebidangro

Q: What are the implications of the analysis of the leading sector in the Mebidangro area for policymakers and stakeholders?

A: The implications of the analysis of the leading sector in the Mebidangro area for policymakers and stakeholders include:

Recognizing the importance of the service sector in driving economic growth in Mebidangro
Developing policies and strategies to support the growth of the service sector
Investing in infrastructure and human resources to support the development of the service sector
Encouraging cooperation between regions in Mebidangro to develop the service sector in an integrated manner

By understanding the leading sector in the Mebidangro area, policymakers and stakeholders can develop effective strategies to sustain its growth and promote economic development in the region.