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Keterkaitan Jangka Panjang dan Jangka Pendek Antara Pertumbuhan Ekonomi dan Tingkat Pengangguran di Provinsi Jambi Fauzan Aldilah Putra; Yulmardi .; Zulfanetti .; Siti Hodijah; Nurhayani .
JOURNAL OF SHARIA ECONOMICS Vol. 7 No. 2 (2025): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/jse.v7i2.1235

Abstract

The study aims to analyze the phenomena between economic growth and the unemployment rate in Jambi Province. both in the short run and the long run. To examine the relationship between economic growth and unemployment in Jambi Province, this research utilizes secondary time-series data covering the period 2004–2024, research data originating from the. Badan Pusat Statistik and Direktoran Jenderal Perimbangan Keuangan. The study employs the Error Correction Model (ECM) approach to identify the dynamic relationship between these variables. Based on the results, in the short run, changes in economic growth have a positive coefficient, suggesting that annual fluctuations in economic growth have not yet had a significant effect on changes in the unemployment rate in Jambi Province. In the long run, however, changes in economic growth show a negative relationship, indicating the presence of a correction mechanism toward long-term equilibrium. This means that short-term disequilibrium in the unemployment rate will be adjusted within one period to restore long-term balance
Keterkaitan Pertumbuhan Ekonomi dan Tingkat Pengangguran Di Provinsi Jambi Analisis Jangka Pendek dan Jangka Panjang Fauzan Aldilah Putra; Yulmardi; Zulfanetti
JOURNAL OF SHARIA ECONOMICS Vol. 8 No. 1 (2026): Journal of Sharia Economics
Publisher : Program Studi Ekonomi Syariah, Fakultas Ekonomi dan Bisnis Islam, Universitas Al Hikmah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35896/31pw3t70

Abstract

This study aims to analyze the effect of economic growth, investment, government expenditure, and labor force on unemployment in Jambi Province, both in the short-run and the long-run, as well as to examine the existence of long-term equilibrium relationships and adjustment mechanisms among variables. The data used in this study are time series data for the period 1995–2024, analyzed using the Error Correction Model (ECM). The results show that in the long-run, economic growth and investment have a negative and significant effect on unemployment rate, while the labor force has a positive and significant effect. Meanwhile, government expenditure does not have a significant effect in the long-run. In the short-run, economic growth and investment do not have a significant effect on unemployment rate, whereas government expenditure has a negative and significant effect, and the labor force has a positive and significant effect on unemployment rate in Jambi Province. The cointegration test results indicate the existence of a long-term equilibrium relationship among variables in the model, and the negative and significant Error Correction Term (ECT) confirms the presence of an adjustment mechanism from short-term disequilibrium toward long-term equilibrium