Wijaya, Aldian Jodi Pemana
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ANALYSIS OF THE INFLUENCE OF LABOR, INVESTMENT, AND INFLATION ON THE GROWTH OF THE MANUFACTURING INDUSTRY IN EAST JAVA FROM 2008-2023 Wijaya, Aldian Jodi Pemana; Prayitno, Budi; Wany, Eva
International Journal of Accounting Innovation Vol. 2 No. 1 (2026): February
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijai.v2i1.31

Abstract

Objective : This study analyzes the impact of labor, investment, and inflation on the growth of the manufacturing sector in East Java Province during 2008–2023. Method: Using an explanatory quantitative approach with a log-linear multiple regression model and annual secondary data from the Central Statistics Agency (BPS). Results: The results show that labor has a positive and significant effect, while inflation has a negative and significant effect on industrial growth. Investment has a positive but statistically insignificant impact. Simultaneously, all three variables show significant influence with an Adjusted R² of 80.76%. These findings highlight the importance of industrial development policies that consider workforce quality, inflation stability, and investment effectiveness. Novelty: This study provides empirical evidence on the simultaneous impact of labor, investment, and inflation on manufacturing sector growth in East Java Province during 2008–2023 using a log-linear multiple regression model with long-term annual data.