Research Article
Potential Analysis of The Economic Sector in Efforts to Increase Economic Growth with Location Quotient (LQ) Analysis
@INPROCEEDINGS{10.4108/eai.14-12-2021.2318343, author={Putri Meliza Sari and Gina Havieza Elmizan and Selly Prima Desweni and Yolamalinda Yolamalinda and Yosi Eka Putri}, title={Potential Analysis of The Economic Sector in Efforts to Increase Economic Growth with Location Quotient (LQ) Analysis}, proceedings={Proceedings of the 1st International Conference on Economic and Education, ICON 2021, 14 - 15 December 2021, Padang-West Sumatra, Indonesia}, publisher={EAI}, proceedings_a={ICON}, year={2022}, month={7}, keywords={potential analysis; economic sector; economic growth; location quotient}, doi={10.4108/eai.14-12-2021.2318343} }- Putri Meliza Sari
Gina Havieza Elmizan
Selly Prima Desweni
Yolamalinda Yolamalinda
Yosi Eka Putri
Year: 2022
Potential Analysis of The Economic Sector in Efforts to Increase Economic Growth with Location Quotient (LQ) Analysis
ICON
EAI
DOI: 10.4108/eai.14-12-2021.2318343
Abstract
The purpose of this research is to analyze the sector's economic potential in the development of West Sumatra Province, and to identify potential economic sectors in the province with competitive advantages and specialization. The LQ (Location Quotient) analysis used in this study to identify economic sectors in the development of West Sumatra Province, and also potential competitive sectors. Time series data on GDP growth between the study area and the reference area aids the analysis. The findings indicate that the transportation and warehousing sector, as well as agriculture, forestry, and fisheries, are the main basis for the sector in West Sumatra Province's district from 2016 to 2020, while the city of Padang's main base is agricultural, forestry, and fisheries.