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THE ROLE OF BIG DATA IN CALCULATING ECONOMIC GROWTH BY SECTOR AND ITS IMPLEMENTATION IN THE ERA OF INDUSTRIAL REVOLUTION
Introduction: Since the industrial era 4.0 Big Data has grown rapidly in terms of number and volume in Indonesia, along with the advancement of Information technology so that it supports the development of the Internet on Thing and the Internet of System. Problem: Big Data is around us and is growing very fast, but how is the utilization and role of Big Data in Indonesia's economic growth? This study aims to examine the role of Big Data in Economic Growth and its implementation. The Research methode uses descriptive quantitative analysis of BPS Big Data data from 514 Districts/Cities, 1790 KLBI and 12-year time series (2012-2023) or as many as 11,040,720 national economic sector data to calculate economic growth using the industrial sector output approach (KLBI). Novelty: The use of Big Data in quantitative analysis of 11,040,720 national economic sector data sourced from BPS 514 Districts/Cities. Results and Discussion of the role of Big Data is proven in calculating economic growth using the KLBI sector method to calculate Real GDP which is then implemented as a source of information in policy making. The policy is implemented in the form of implementing a smart city, which aims to manage and control resources more effectively and efficiently in order to maximize public services, better economic growth brings progress that ultimately improves the welfare of local communities. Conclusion: Big Data in calculating economic growth per industrial sector and its implementation plays a very large role and has an impact on regional progress. However, it would be better and have a multiplier effect if Big Data between agencies were collaborated, Keywords: Big Data 1, Economic Growth 2, KLBI per sector 3, Implementation 4, Collaboration 5
FACULTY OF ECONOMICS AND BUSINESS - UNIVERSITAS NEGERI YOGYAKARTA
International Conference of Ethics on Business, Economics, and Social Science (ICEBESS)
Faculty of Economics and Business, Yogyakarta State University, Indonesia
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Ekonomi Internasional