IECON: International Economics and Business Conference
Vol. 1 No. 2 (2023): International Conference on Economics and Business (IECON-1)

Analysis of Factors Influencing Economic Growth in Central JavaProvince in 2017-2021

Nirmala Sena Dipayani (Unknown)
Nur Hidayah (Unknown)



Article Info

Publish Date
12 Dec 2023

Abstract

This study aims to analyze the effect of the regional minimum wage (UMR), human development index (IPM), labor force participation rate (TPAK) and poverty on economic growth in districts/cities in Central Java Province during the period 2017 - 2021.The analytical tool used in this study, namely panel data regression. The data used in this study are time series and cross section data obtained from the Central Bureau of Statistics(BPS) of Central Java. The model chosen in this study is REM. Based on the results of theanalysis, it is known that the UMR has a positive and significant relationship, HDI has a positive and significant relationship, while TPAK has a negative and not significant relationship, meanwhile, poverty has a negative and significant relationship. Based on theresearch that has been done, the government can increase the UMR and liveability as wellas guarantee public education to increase economic growth

Copyrights © 2023






Journal Info

Abbrev

IECON

Publisher

Subject

Economics, Econometrics & Finance

Description

The IECON: International Economics and Business Conference, organized annually by the Faculty of Economics and Business at Universitas Muhammadiyah Makassar, is a key platform for academics, professionals, and students to present research, exchange ideas, and expand networks in economics, ...