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All Journal Asian Journal of Management Analytics International Journal of Humanities, Education, and Social Sciences
Sopian, Andi
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Journal : Asian Journal of Management Analytics

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Economic Growth, Wages and Education Levels on Labor Absorption in Districts/Cities in South Sulawesi Province Hamka, Hamka; Fitrianti, Retno; Yakub, Andryirawan; Sopian, Andi; Sapanang, A. Baso Aditya; Fitrianti, A. Nur
Asian Journal of Management Analytics Vol. 3 No. 3 (2024): July 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v3i3.9832

Abstract

An analysis of the impact of economic growth, wages, and education levels  on workforce absorption in the regencies and cities of South Sulawesi. The objective of this study is to examine the impact of economic growth, wages, and education level on workforce absorption in regions with low unemployment rates. Additionally, it aims to investigate the influence of economic growth, wages, and education level on employment absorption in regions with high unemployment rates. Furthermore, the study will analyze the sectoral elasticity of the workforce in both low and high unemployment regional groups. This study employs a Panel Regression of Random Effect Model with a Generalized Least Square (GLS) Approach and Elasticity using a five-year panel data from 24 regencies and cities in South Sulawesi. The findings indicate that in the regional group with low unemployment, wages have a positive and significant impact on workforce absorption, while the level of education has a negative and significant impact. In the regional group with high unemployment, both economic growth and educational level have a positive and significant impact on workforce absorption. Additionally, the agricultural sector exhibits the highest workforce elasticity in the regional group with low unemployment, while the trade sector shows high elasticity in the regional group with high unemployment.
The Role of Good Governance for Economic Growth in ASEAN Sapanang, Baso Aditya; Fitrianti, Retno; Yakub, Andry Irawan; Sopian, Andi; Hamka, Hamka; Fitrianti, A. Nur
Asian Journal of Management Analytics Vol. 3 No. 3 (2024): July 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v3i3.9833

Abstract

The role of the government in implementing Good Governance or effective government management is to strive for the improvement of a country's economic growth towards a better direction. Good governance quality will create efficient market mechanisms, hence promoting sustainable economic growth. The purpose of this study is to analyze the impact of government governance on economic growth in the ASEAN-6 countries. The data in this study is sourced from the Worldwide Governance Indicator provided by the World Bank. Using cross-sectional data from 6 ASEAN countries and time series data over the period 2006-2020. The best model for panel data regression is the Fixed Effect Model (FEM). Based on the findings of this study, it was determined that the variable with no significant impact on economic growth in the 6 ASEAN countries is government effectiveness. Meanwhile, the variables of rule of law, control of corruption, and political stability and lack of violence /terrorism has a significant influence on economic growth in the 6 ASEAN countries.
Co-Authors Fitrianti, A. Nur Fitrianti, Retno Hamka Hamka, Hamka Sapanang, A. Baso Aditya Sapanang, Baso Aditya Yakub, Andry Irawan Yakub, Andryirawan