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All Journal Journal of Humanities and Social Studies Jurnal Ekonomi
Ramadhan Devan Pratama
Universitas Sumatera Utara
Arts Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences

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DETERMINANTS OF POVERTY LEVELS IN MEDAN CITY IN 1998-2021: ERROR CORRECTION MODEL APPROACH Ramadhan Devan Pratama; Adithiya Rahman Atmaja; Sirojuzilam Hasyim; Irsad; Muhammad Syafii; Wahyu Ario Pratomo; Tetty Yuliaty
Jurnal Ekonomi Vol. 11 No. 03 (2022): Jurnal Ekonomi, 2022 Periode Desember
Publisher : SEAN Institute

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Abstract

This research examines the connection between economic growth, education level, government expenditure, and open unemployment in Medan City. This research utilized annual time series data for Medan from 1998 to 2021. This research analysis method employs ECM (Error Correction Model) to comprehend the impact of long-term and short-term predictions processed by Eviews 9 software. According to the research findings, long-term and short-term projections of economic growth, education level, and accessible unemployment have a significant negative impact on poverty levels in the city of Medan. On the other hand, long-term and short-term government spending positively impact the poverty level in Medan City, although the effect is not significant. Based on the result of this research, the Medan City Government should enhance its oversight of the government's budget allocation in the context of reducing poverty in the city of Medan. In addition, the Medan City Government should concentrate its efforts on providing employment opportunities and utilizing competency-based certification and training to decrease unemployment, thereby contributing to reducing poverty in Medan City.
ANALYSIS OF THE INFLUENCE OF DOMESTIC INVESTMENT, FOREIGN INVESTMENT, TOTAL POPULATION, TOTAL CRIMINALITY AND TOTAL UNEMPLOYMENT ON ECONOMIC GROWTH IN DELI SERDANG DISTRICT: ARDL MODEL APPROACH Ramadhan Devan Pratama; Irsad Lubis; Raina Linda Sari
JHSS (JOURNAL OF HUMANITIES AND SOCIAL STUDIES) Vol 7, No 3. (2023): JHSS (Journal of Humanities and Social Studies)
Publisher : UNIVERSITAS PAKUAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33751/jhss.v7i3..7915

Abstract

The aim of development in a country or region is to improve the welfare and prosperity of society in a fair and equitable manner, one of which is by increasing sustainable economic growth. Because with high economic growth, it will reduce the unemployment rate, crime rate and changes in economic structure so that it has a positive impact on economic development itself. The main objective of this study is to analyze the effect of domestic investment, foreign investment, population, crime and unemployment on economic growth in Deli Serdang Regency. The data analysis method used is the Autoregressive Distributed Lag (ARDL) approach in the time series data model and the observation time span of this study starts from 2010 to 2021 where data interpolation will be carried out in quarterly. According to the results of the analysis, the variables domestic investment and foreign direct investment have a positive significant effect on economic growth. Meanwhile, the variables of population, crime and unemployment have a negative significant impact on economic growth in the long run. However, in the short run, the variables of direct investment, foreign investment, population and crime have a positive significant impact on economic growth. on the other hand, only the number of unemployed has a negative significant effect on economic growth. Based on the results of this study, it is appropriate for the Government of Deli Serdang Regency to optimize programs that are oriented towards increasing investment both domestic and foreign, suppressing the rate of population growth and the number of unemployed and maintaining regional security in the Deli Serdang Regency area.
Co-Authors Adithiya Rahman Atmaja Irsad Irsad Lubis Muhammad Syafii Raina Linda Sari Sirojuzilam Hasyim Tetty Yuliaty Wahyu Ario Pratomo