International Journal of Applied Finance and Business Studies
Vol. 11 No. 4 (2024): March: Applied Finance and Business Studies

What is economic growth and human development influence on poverty in West Sumatra

Putra, Trimardi Jaya (Unknown)
Wirda, Fisla (Unknown)



Article Info

Publish Date
03 Feb 2024

Abstract

The poverty rate is used as one of the benchmarks for assessing the success of a nation's development. This study aims to determine the effect of economic growth and human development index (HDI) on poverty levels. The data used is secondary data published by the Central Statistics Agency (BPS) of West Sumatra Province from 2010 to 2021 detailed for 19 (nineteen) districts/cities. The number of samples in this study was 228 (two hundred twenty-eight) observations. Data analysis is done by multiple linear analysis of panel data using the help of the Eviews program. The results of the analysis show that the poverty rate is proven to be significantly influenced by economic growth and human development index. Partially, the variable poverty rate is influenced by economic growth in a negative direction, but the effect is not significant. The poverty level variable is also proven to be influenced by the human development index with a significant negative value.

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Journal Info

Abbrev

ijafibs

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Applied Finance and Business Studies is published with both online and print versions devoted to provide the publication of research finding in finance and business research studies. Objectives The main goal of ijafibs is to present outstanding, high quality research ...