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All Journal Equity: Jurnal Ekonomi Outline Journal of Economic Studies
Azhar Suganda
Universitas Negeri Medan
Economics, Econometrics & Finance Social Sciences

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The Effect of HDI and Unemployment Rate on Poverty in the Riau Islands Azhar Suganda; Novi Ramadhini; Putri Nabila Harahap; Eko Wahyu Nugrahadi; Grace Gultom
Equity: Jurnal Ekonomi Vol 12 No 1 (2024): Equity : Jurnal Ekonomi
Publisher : Universitas Bangka Belitung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33019/equity.v12i1.308

Abstract

Poverty in the Riau Islands Province will be studied from 2018 to 2023 with a focus on how it affects HDI and unemployment rates. We analyzed secondary data obtained by the Central Statistics Agency (BPS) using quantitative methods in this research which uses a documentation approach. Random Effect Model (REM) was selected as the best estimation model after a series of panel data tests, including Chow, Hausman, and Legrange Multiplier tests. Unemployment has a significant and positive effect on poverty according to this research (coefficient = 3971.224). This means there is an increase of 39% in the underprivileged population for every 1% increase in the unemployment rate. There is a positive and statistically significant correlation between HDI and poverty (r=2086.092), which shows that a 1% increase in HDI means an increase in poverty of 20%. The findings from this study show increasing employment opportunities and improving the quality of human resources as potential efforts to reduce poverty in the Riau Islands Province.
Literature Study: International Monetary System and the Threat of Recession Adelina Fransiska Sianturi; Azhar Suganda; Yeremi Siagian
Outline Journal of Economic Studies Vol. 3 No. 2: April - September 2024
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/ojes.v3i2.47

Abstract

This study was conducted to gather sufficient information on the relationship between the International Monetary System and the threat of recession. The method used in this study is through a literature study that collects previous research in answering the relationship and role of the International Monetary System with the threat of recession. The IMF and World Bank estimate that the world economy will experience a recession which is also accompanied by an increase in the rate of inflation in 2022 and 2023. Big countries in the world economy such as Europe, the USA, China and India are also expected to experience economic recession and high inflation. Interestingly, the ASEAN 5 region (including Indonesia) will actually experience positive economic growth with a moderate rate of inflation. Based on the results of this literature, it can be concluded that an economic recession can threaten the world economy, especially in the field of the international monetary system.
The Effect of HDI and Unemployment Rate on Poverty in the Riau Islands Azhar Suganda; Novi Ramadhini; Putri Nabila Harahap; Eko Wahyu Nugrahadi; Grace Gultom
Equity: Jurnal Ekonomi Vol 12 No 1 (2024): Equity : Jurnal Ekonomi
Publisher : Universitas Bangka Belitung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33019/equity.v12i1.308

Abstract

Poverty in the Riau Islands Province will be studied from 2018 to 2023 with a focus on how it affects HDI and unemployment rates. We analyzed secondary data obtained by the Central Statistics Agency (BPS) using quantitative methods in this research which uses a documentation approach. Random Effect Model (REM) was selected as the best estimation model after a series of panel data tests, including Chow, Hausman, and Legrange Multiplier tests. Unemployment has a significant and positive effect on poverty according to this research (coefficient = 3971.224). This means there is an increase of 39% in the underprivileged population for every 1% increase in the unemployment rate. There is a positive and statistically significant correlation between HDI and poverty (r=2086.092), which shows that a 1% increase in HDI means an increase in poverty of 20%. The findings from this study show increasing employment opportunities and improving the quality of human resources as potential efforts to reduce poverty in the Riau Islands Province.
Co-Authors Adelina Fransiska Sianturi Eko Wahyu Nugrahadi Grace Gultom Novi Ramadhini Putri Nabila Harahap Yeremi Siagian