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Journal : IECON: International Economics and Business Conference

The Influence of Investment, Labor, and Government Expenditure on Economic Growth in South Sulawesi Nursarfiqah; Naidah; Asdar
IECON: International Economics and Business Conference Vol. 3 No. 2 (2025): International Conference on Economics and Business (IECON-3)
Publisher : www.amertainstitute.com

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/8mg4yv48

Abstract

This study investigates the effect of investment, labor, and government expenditure on economic growth in South Sulawesi during the period 2014–2024. Using secondary data obtained from the Central Statistics Agency (BPS), the analysis applies multiple linear regression and t-tests with a panel data approach processed through SPSS 25. The dependent variable is regional economic growth measured by Gross Regional Domestic Product (GRDP) at constant prices, while the independent variables include realized investment, labor force participation, and government expenditure. The results reveal that investment shows a negative but insignificant effect on economic growth, indicating that capital inflows have not been effectively directed toward productive sectors that stimulate regional output. Labor exhibits a positive but statistically insignificant influence, suggesting that an increase in workforce quantity is not yet accompanied by sufficient productivity and skills development. Similarly, government expenditure demonstrates a negative and insignificant effect, implying inefficiencies in public spending allocation and a dominant share of non-productive expenditures. These findings highlight the structural challenges faced by South Sulawesi in translating investment, labor force expansion, and fiscal policy into tangible economic outcomes. The study contributes empirical evidence specific to the regional context and suggests that policymakers should focus on improving investment quality, enhancing human capital, and reallocating government spending toward productive sectors to achieve sustainable growth.
Co-Authors A.Vivit Angreani Abdul Rahman Abdul Rajab Adnan Ahista Maharani Ahmad Talib Ahmad Thariq Rasyidi Akhyar, Andi Muh. Alfarah Firdayanti Alfiah Mutmainnah Ali Alimuddin Alya Dian Sari Amalia Kartika, Salwa Ami Febriza Andi Alfina Listya Ningrum Andi Alif Rifai Ukkas Andi Jam'an Andi Muhammad Taufiq Andi Mulawakkan Firdaus Andi Ramadhana. B Andriani, Reski Sural Angelin Wardiarini Suwito Annisa Syahratul Jannah Anzar Apnita Seleng Arkas, Amaliah Nurul Armayanti Ashabul Kahfi, Ashabul Asia M Aswandi Sadril Aswar Aswar Aulia Agustina Awi Dassa, Awi Ayulia Baso Intang Sappaile Dimas Dwi Raharjo Dinar, Muhammad Djadir Dwi Fitriani Rosali Elsayani Grestiani Limbong Erni Apriani Erwatul Erwinda Gracya Laman Fajar Fajar Arwadi Fajar Eko Purnama Rustan Fanny Fitri Fadillah Ferdinan Feri Fitrahlaelah Muh. Asri Hamsiah, Andi Hamzah Upu Haris Hasriadi Hisyam Ihsan Ifa Safira Imansari, Nurul Irda Al Adawiyah Irma Asyuni Ismail T Ivan Adrian Jam'an Jeranah K, Muthmainnah Kasmawati Khaeriah, Nurul Kurniati Lilis Istiyani M. Amirullah M. B. Waluyo M. Mubdi Fahril Mahmud, Basri Masdianti, Masdianti Mawar Meiliati, Rafika MMSI Irfan ,S. Kom Muh. Asrullah Muslim Muh. Rohman Muhammad Akbar Kadir Muhammad Ammar Naufal Muhammad Asdam Muhammad Darwis M MUHAMMAD DINAR Muhammad Marwan Muhammad Raihandi Muhammad Yunus Muhammad, Fadil Mukhtar Musfira Ramadhani Naidah Nana Erna Nani Sri Fitri Nurheni Nasrullah Nur Alfilahi Tahir Nur Aynun Nur Indah Surahman Nur Islah Asyhar Nur Putri Ramadhani Yusuf Nur Sandi Marsuni Nurahmi Ramadhani Nurdin Arsyad Nurdin Arsyad, Nurdin Nurhana Nursamsilis Lutfin Nursarfiqah Nurwati Djam’an Patmawati Putri, Andi Mega Januarti Rahmaniah Rahmawati Ranti Rezki Novianti Rhamadani, Zafitrah Rian Muhammad Reski Rifkah Chaerunnisa M Riska Amelia Rismayanti Rohani Ruslan Saddang, Muhammad Samsunandar Saputri, Sri Anggeliqa Shinta Tri Kismanti Sitti Hartinah DS Sofyan, Muh. Sukmawati Ali Supriadi Suradi Syafruddin Side Talib Talib, Dr. Ahmad Titin Suhartini Tuan Nordin bin Tuan Kechik Tuti Alawiya Ummu Kalsum Usman Mulbar Vivit Angreani Wahidah Sanusi Wiwik Handayani Yulia Nurmasita Devi Zulkiflih, Zulkiflih