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Implementasi Kenaikan Suku Bunga Kredit dan Investasi terhadap Pertumbuhan Ekonomi di Sumatera Utara Yanti Masryana Sianturi; Chelsya Olyza Malau; Nadia Enjel Lina Silalahi; Anggun Sibarani
Journal Economic Excellence Ibnu Sina Vol. 2 No. 4 (2024): Journal Economic Excellence Ibnu Sina
Publisher : STIKes Ibnu Sina Ajibarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59841/excellence.v2i4.2070

Abstract

The aim of this research is to see how increases in credit and investment interest rates impact economic growth in North Sumatra from 2013 to 2023. Indonesia faces the challenge of balancing economic growth, price stability and job creation as a developing country. Quantitative methods were used in this research, which used secondary data from the National Center for Statistics. This method is multiple linear regression analysis. Included in the variables studied are economic growth, investment, and credit interest rates. The research results show that credit interest rates have a positive but insignificant impact on economic growth, while investment has a negative and significant impact. According to multiple regression analysis, fluctuations in credit and investment interest rates can be responsible for 37.9% of economic growth. Additional unexamined factors influence the remaining sections. This research suggests that the government and stakeholders re-evaluate investment strategies to encourage sustainable economic growth in North Sumatra.
The Effect of Life Expectancy, Open Unemployment Rate, and Government Spending in The Education Sector on The Human Development Index in North Sumatra Province, Indonesia Hasymi, Muhammad Alhasymi Matondang; Muhammad Abdi; Fahmi Apriyansyah Siregar; Runggu Sihombing; Jonathan Brando Saragi; Nadia Enjel Lina Silalahi
Outline Journal of Economic Studies Vol. 4 No. 2: June-September 2025
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/gceqet48

Abstract

This study aims to analyze the effect of Life Expectancy Rate (AHH), Open Unemployment Rate (TPT), and Government Expenditure in the Education sector on Human Development Index (HDI) in North Sumatra Province in the period 2010-2024. This research uses a quantitative approach with a literature study method. The data used is secondary time series data obtained from the publication of Badan Pusat Statistik (BPS). The analysis technique used is multiple linear regression with the help of E-Views 10 software. Tests were carried out through the classical assumption test, the coefficient of determination test, the simultaneous F test, and the partial t test. The results showed that simultaneously the three independent variables had a significant effect on HDI. Partially, AHH and government spending in the education sector have a positive and significant effect on HDI, while TPT has a negative and significant effect. The Adjusted R-squared value of 0.985 indicates that the model is able to explain 98.5% of the variation in HDI. This finding confirms that improving the quality of health, reducing unemployment, and investing in the education sector are important factors in supporting sustainable human development in North Sumatra Province.