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Journal : International Journal for Advanced Research

The Level of Gross Domestic Regional Product (GRDP) and Inflation: Analysis of People's Purchasing Power in North Sumatra for the 2012-2022 Period Siboro, Hotman; Penus Sinurat; Venus Situmeang; Muammar Rinaldi; Sienny
International Journal of Advanced Research Vol. 1 No. 3: October 2024
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/tpjbea02

Abstract

This study aims to analyze the influence of Gross Regional Domestic Product (GRDP) and inflation rate on the purchasing power of the community in North Sumatra during the period 2012-2022. Data obtained from the Central Bureau of Statistics (BPS) of the Republic of Indonesia was analyzed using multiple linear regression with the EViews software. The results of the analysis show that GRDP and the inflation rate have a significant influence on the purchasing power of the community, with statistically significant regression coefficients. Autocorrelation, heteroskedasticity, and classical assumption tests indicate that the regression model used meets the criteria and can be considered valid. The implications of these findings can be used as a basis for formulating appropriate economic policies to improve the welfare of the North Sumatra community in the future
Analysis Determination of Leading Sectors area Economy in the city Medan : LQ AND Shift Share Approach Novianti Naomi Ulina Br. Naibaho; Venus Situmeang; Tasya Amelia Manurung
International Journal of Advanced Research Vol. 1 No. 5: February 2025
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/snvr4b30

Abstract

This study aims to identify leading sectors in Medan City using the Location Quotient (LQ) and Shift-Share Analysis (SSA) methods with Gross Regional Domestic Product (GRDP) data from 2019 to 2023. Medan City, as a strategic economic center in North Sumatra, plays an important role in trade, industry, and services. This study uses secondary data from the Central Statistics Agency (BPS) of Medan City and North Sumatra to analyze economic sectors that contribute significantly to regional GRDP. Through the LQ method, this study successfully identified sectors that have higher competitive advantages compared to the national average, such as water supply, waste, construction, wholesale trade, transportation, accommodation, information and communication, and financial services.