IMPLICATIONS OF BASE SECTORS, EXPORT POTENTIAL, AND REGIONAL CONSUMPTION NEEDS OF GORONTALO CITY

Abstract

The economic development of a region will be determined by the strength of its many basic sectors which can increase the production of goods and services both for export and as an effort to fulfill the region's own needs. If this happens, this will have an impact on economic growth and better welfare during the year under observation. This research aims to see the implications of the basic sector, export potential, and regional consumption capacity in Gorontalo Province during the observation period. This research uses a descriptive approach by analyzing quantitatively secondary data in the form of time series data for 2015- 2022. The analytical tool used in this study is the Location Quotient (LQ) method, which measures export potential and measuring regional consumption needs. The results of research using the LQ method show that 15 sectors are considered basic but among these basic sectors, there is a sector with the highest basic value represented by the Electricity and Gas Procurement sector with an average value of: 2.82 with an average export potential of 69.27. then followed by the Real Estate sector with an average value of: 2.05 with an export potential of 1333.51, then these two sectors must receive support from the Accommodation and food and drink provision sector with an LQ value of 2.02 which provides an export potential of 1555.15, in this way it can be determined that there is a possibility that regional consumption needs are worth less than the reel GRDP value achieved by the regional economy.