| dc.description.abstract | Cloves have the potential to encourage economic growth in large exporting
countries. Cloves are mostly traded in Asian markets, but cloves are consumed in
almost every country in the world. Clove consumers in the world are countries in
South America, North America, Africa, Europe and Asia (Danthu et al, 2022). The
objectives of this research are: 1) Analyzing the contribution of clove exports to the
economic growth of large exporting countries from the demand side, 2) Analyzing
the contribution of clove exports to the economic growth of large exporting
countries from the supply side. The method used in this research is Generalized
Least Square (GLS) analysis. The data used is panel data with an aggregate
demand model and aggregate production function. The results of panel data
analysis on the demand side show that clove exports have a positive and significant
effect on the economic growth of Indonesia, Madagascar, Sri Lanka and the
Republic of Tanzania. Exports of all agricultural commodities per capita, income
per capita, low-educated workforce and exports of agricultural commodities
originating from plants have a positive and significant effect on economic growth.
A highly educated workforce has a negative and significant effect on economic
growth, while government spending has a negative and insignificant effect on the
economic growth of large clove exporting countries. From the supply side, clove
exports have a positive and insignificant effect on the economic growth of
Indonesia, Madagascar, Sri Lanka and the Republic of Indonesia. of Tanzania.
Investment, exports of agricultural commodities originating from plants and
exports of all agricultural commodities per capita have a positive and significant
effect on economic growth, while low-educated workers and highly educated
workers have a positive and insignificant effect on economic growth in large clove
exporting countries. | en_US |
