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All Journal Outline Journal of Economic Studies
Rico Ramadhanu
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Economics, Econometrics & Finance Social Sciences

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The Effect Of Poverty, Unemployment, And Investment On Economic Growth In The Province Of North Sumatera in 2001-2020 Muammar Rinaldi; Verasuna Manik, Dwi; Nova Khairunisa Putri; Hutagalung, Joshua; Rico Ramadhanu
Outline Journal of Economic Studies Vol. 3 No. 2: June - September 2024
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/ojes.v3i2.113

Abstract

The purpose of this study is to determine the effect of poverty, unemployment and investment on economic growth. Where this study uses time series data with the time period 2001-2020. The analytical method uses multiple linear regression with the Eviews program. The poor population variable has a negative and significant effect on poverty with a t-value of -3.225849 and Prob. of 0.0053 <0.05. Unemployment variable has a negative and insignificant effect on poverty with a t-value of -0.427385 and Prob. 0.6748 > 0.05. The investment variable has a positive and significant effect on poverty with a t-value of 7.932790 and Prob. of 0.0000 <0.05. In the final stage of the statistical test, it is known that the R2 squared value is 0.954978. This shows that the poor, unemployment, and investment are able to explain GRDP by 95%. And the remaining 5% is influenced by other variables not examined in this study.
Co-Authors Hutagalung, Joshua Muammar Rinaldi Nova Khairunisa Putri Verasuna Manik, Dwi