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Analysis of the Effect of Inflation and Regional Minimum Wage on the Total Poor Population of North Sumatra the Period of 2001-2021 Leonardo Siahaan; Erli Dayinati; Ulfah Nabilah Azizah Manurung
ProBisnis : Jurnal Manajemen Vol. 14 No. 2 (2023): April: Management Science
Publisher : Lembaga Riset, Publikasi dan Konsultasi JONHARIONO

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Abstract

Poverty in the community at the national and regional levels is a complex social problem and requires an appropriate and sustainable strategy to overcome it. In North Sumatra, the number of poor people can be influenced by various factors, both economic and non-economic. The purpose of this research is to analyze the effect of inflation and minimum wages on the number of poor people in North Sumatra from 2001 to 2021 simultaneously and partially. The type of data used in this study is secondary time series data from the official website of the Central Bureau of Statistics (BPS) of North Sumatra. The analytical method used is multiple linear regression using the Eviews 10 econometric software. The results of the study partially prove that the Regional Minimum Wage has a negative and significant effect on the number of poor people in North Sumatra from 2001 to 2021 with a probability value of 0.000005. Simultaneously, the Inflation and Regional Minimum Wage variables have a significant influence on the number of poor people in North Sumatra in the same period. The R test shows that 74.0850% of the variability can be explained by these two factors, while the rest is influenced by other factors not examined in this study.
STRATEGIES TO INCREASE FINANCIAL ACCESS FOR SMALL MEDIUM ENTERPRISES CASE STUDY: TRISAKTI VEGETABLE TRADING BUSINESS Elrisa Marsanda Br Ginting; Juli Kristabel Sinaga; Leonardo Siahaan; Lola Br Ginting; Lola Vitaloka Simanjuntak
International Journal of Economics, Science, and Education Vol. 2 No. 1 (2025): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

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Abstract

MSMEs have a strategic role in supporting Indonesia's economic growth, but often face major challenges, including limited access to capital. This study aims to analyze capital challenges and formulate strategies to improve access to capital for UD Sayur Trisakti, an MSMEs operating in the agribusiness sector. Using a qualitative descriptive approach and SWOT analysis, this study found that limited capital, fluctuations in raw material prices, and dependence on local suppliers are the main obstacles. As a solution, it is recommended to utilize financing programs such as People's Business Credit (KUR), financial literacy training, and the use of digital technology such as crowdfunding. The results of this study are expected to be a practical reference for other MSMEs and for policy makers in designing more effective support for the MSMEs sector. Keywords: MSMEs, access to capital, SWOT analysis, development strategy.