MODEL REGRESI DATA PANEL DINAMIS DENGAN ESTIMASI PARAMETER ARELLANO-BOND PADA PERTUMBUHAN EKONOMI DI INDONESIA

Economic growth is one of factor for knowing rate income in some country and the from indicator value Gross Domestic Product (GDP). The to be expected that affected GDP are Human Development Index (HDI), Foreign Investment, inflation, export net, Labour Participation Rate, Government Spending. research determine a model short-term effect also long-term variable suspected affect economic Indonesia. does with dynamic panel data defined as involved lag dependent their independent variable. Usage on caused estimation Ordinary Least Square (OLS) produced bias inconsistent estimation. Generalized Method Moment (GMM) Arellano-Bond which parameter first differencing instrumental method used clear solution OLS influence Indonesia, HDI Short-term has increased 2,410332 percent 18,7610975 percent. Spending decreased 0,1025608 0,798293831