Factors of Undeveloped Economic Democracy Based on the Strategic Advantages of the City in Lampung Province

Abstract

The purpose of this study was to determine the factors of the undeveloped economic democracy based on the strategic advantages of the city in Lampung Province. The benefits of this research are expected to be able to develop and improve the community's economy based on the future local strategic potential.This research was conducted at the Industrial and Trade SKPD, Cooperatives and SMEs in fifteen (15) districts and cities in Lampung Province, including Bandar Lampung, Metro City, South Lampung, Pesawaran, Pringsewu Regency, Tanggamus Regency, Central Lampung Regency, North Lampung. , East Lampung, Tulang Bawang Regency, West Tulang Bawang Regency, Mesuji Regency, Waykanan Regency, West Lampung Regency, and West Coast Regency with a total sample of 270 respondents.The data collection method uses the survey method. The analysis technique used is SEM (Structural Equation Modeling). The test results show that the relationship between Economic Democracy on Local Economic Potential has a positive relationship and significant impact on Local Economic Potential.

Keywords: Economic democracy, The potential of the local economy, Structural equation modeling

DOI: 10.7176/JESD/10-16-02

Publication date: August 31^st 2019