Journal of Economic Education
Vol 10 No 2 (2021): December 2021

Assessing the Open Unemployment Rate in Bali: Evidence from Regional Panel Data in Bali

Adzim, Fauzul (Unknown)
Prajanti, Sucihatiningsih Dian Wisika (Unknown)



Article Info

Publish Date
01 Dec 2021

Abstract

This study aims to analyze the effect of foreign investment, domestic investment, economic growth, wages, population, and education on the level of open unemployment in the Province of Bali. This research is a quantitative study using panel data during the period 2014 - 2018 with observations of nine regencies / cities in Bali Province. The analytical method used panel data regression. Based on the model selection test with the Lagrange multiplier, the result is obtained that the random effect model is the right model to use in this study. The results of hypothesis testing using the t test indicate that foreign investment variable partially has a negative but insignificant effect on the level of open unemployment with a coefficient of -0.000702. The domestic investment variable has a negative but insignificant effect on the level of open unemployment with a coefficient of -0.013545. The economic growth variable has a negative and significant effect on the level of open unemployment with a coefficient of -2.726141. The wage variable has a negative and significant effect on the level of open unemployment with a coefficient of -2.156453. The population variable has a positive and significant effect on the level of open unemployment with a coefficient of 0.157335. The education variable has a positive and significant effect on the level of open unemployment with a coefficient of 3.465220

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Journal Info

Abbrev

jeec

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Journal of Economic Education publishes articles of original researchs and conceptual studies economics teaching and learning. This journal is published by Postgraduate Program, Universitas Negeri ...