ANALYSIS OF LEADING BUSINESS SECTORS IN 2023 AND PROJECTIONS OF GROWTH IN GROSS REGIONAL DOMESTIC PRODUCT OF THE REGIONAL GOVERNMENT OF EAST NUSA TENGGARA PROVINCE
Keywords:
Location Quotient, Dynamic Location Quotient, ARIMA, leading sectors, GRDPAbstract
The aim of this research is to determine the leading business sectors in the Province and each Regency/City in the East Nusa Tenggara Province region. Analysis of determining leading sectors uses Location Quotient (LQ) and Dynamic Location Quotient (DLQ), as well as ARIMA to make projections for the GDP of East Nusa Tenggara Province up to Semester IV 2025. Based on the LQ and DLQ analysis, the Government Administration, Defense and Social Security sectors Mandatory and the Agriculture, Forestry and Fisheries sectors are leading business sectors and have the potential to remain leading sectors in the future. There are 9 regencies/cities that have the Agriculture, Forestry and Fisheries sectors as leading business sectors and in the future have the potential to develop more quickly so that they remain the leading sectors, namely in the regencies of Kupang, Alor, Lembata, Sikka, Ende, Rote Ndao, Sabu Raijua , and Malacca. However, only 2 districts/cities have leading business sectors and have the potential to remain leading business sectors in the future in the Government Administration, Defense and Mandatory Social Security sectors, namely Belu and East Flores. In the future, the GDP level from the third quarter of 2023 to the fourth quarter of 2025 is projected to increase, but will always experience a decline in every first quarter.
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