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All Journal Economic Development Progress
Frederick Rudy Sentosa Rajagukguk
Sekolah Tinggi Ilmu Ekonomi Bina Karya
Economics, Econometrics & Finance Social Sciences

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Journal : economic development progress

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Pengaruh Ekonomi Hijau dan Ekonomi Sirkular terhadap Pengentasan Kemiskinan: Pendekatan Kuantitatif Berbasis Data Panel Hastuti Handayani Harahap; Frederick Rudy Sentosa Rajagukguk; Indra Welly Arifin
Economic Development Progress Vol. 5 No. 1 (2026): Economic Development Progress Edisi Juni 2026
Publisher : Sekolah Tinggi Ilmu Ekonomi Bina karya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70021/edp.v5i1.315

Abstract

This study aims to analyze the effect of green economy and circular economy on poverty alleviation with unemployment rate as an intervening variable. The research employed a quantitative approach using the Structural Equation Modeling–Partial Least Squares (SEM-PLS) method through SmartPLS software. The data used were panel data from several provinces in Indonesia during the 2019–2024 period. The research variables consisted of green economy as the first independent variable, circular economy as the second independent variable, unemployment rate as the intervening variable, and poverty alleviation as the dependent variable. Data analysis techniques were carried out through outer model testing, inner model testing, and hypothesis testing using bootstrapping. The results showed that the green economy had a positive and significant effect on poverty alleviation and unemployment rate. Circular economy had a significant effect on unemployment rate but did not have a significant direct effect on poverty alleviation. Unemployment rate had a significant effect on poverty alleviation. In addition, unemployment rate was able to significantly mediate the effect of green economy and circular economy on poverty alleviation. The findings indicate that the implementation of green economy and circular economy plays an important role in sustainable economic development through job creation and improvement of community welfare.
Optimalisasi Modal Psikologis dalam Pemberdayaan Sumber Daya Manusia untuk Meningkatkan Kinerja berkelanjutan UMKM Frederick Rudy Sentosa Rajagukguk; Hastuti Handayani Harahap; Indra Welly Arifin
Economic Development Progress Vol. 5 No. 1 (2026): Economic Development Progress Edisi Juni 2026
Publisher : Sekolah Tinggi Ilmu Ekonomi Bina karya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70021/edp.v5i1.317

Abstract

This study aims to analyze the effect of Psychological Capital on Sustainable Performance of MSMEs through Human Resource Empowerment as an intervening variable. This research uses a quantitative approach with a survey method. The sample consisted of 120 MSME respondents selected using purposive sampling. Data analysis was conducted using Structural Equation Modeling (SEM) based on Partial Least Square (SmartPLS). The results show that Psychological Capital has a positive and significant effect on Sustainable Performance of MSMEs, Psychological Capital has a positive and significant effect on Human Resource Empowerment, and Human Resource Empowerment has a positive and significant effect on Sustainable Performance of MSMEs. In addition, Human Resource Empowerment is proven to mediate the relationship between Psychological Capital and Sustainable Performance of MSMEs. The Goodness of Fit value indicates a good model fit. In conclusion, enhancing psychological capital and optimizing human resource empowerment are important factors in improving the sustainable performance of MSMEs.
Co-Authors Hastuti Handayani Harahap Indra Welly Arifin