Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 5, No 1 (2022): Budapest International Research and Critics Institute February

Factors Affecting Inflation 4 Cities in North Sumatra Province

Darwin Damanik (Unknown)
Pawer Darasa Panjaitan (Unknown)



Article Info

Publish Date
01 Mar 2022

Abstract

This study aims to determine the effect of government expenditure variables, Gross Regional Domestic Product, and District/City Minimum Wage on inflation in 4 CPI cities of North Sumatra, namely, Medan, Pematangsiantar, Sibolga, and Padangsidempuan for the period 2016-2020. The method used in this study is quantitative and uses a panel data regression model. The data used is secondary data obtained from the Central Statistics Agency (BPS). The results showed that the variables of government expenditure and the district/city minimum wage had a positive and insignificant effect on inflation in 4 CPI cities of North Sumatra Province. Meanwhile, the Gross Regional Domestic Product per capita variable has a negative and significant effect on inflation in 4 CPI Cities in North Sumatra Province.

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Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...