International Journal of Economics, Business and Innovation Research
Vol. 4 No. 05 (2025): August - September, International Journal of Economics, Business and Innovatio

Analysis Of The Influence Of The Inflation Rate, Interest Rates, And Minimum Wages In The District On Investment In Magelang District.

Yuda Shagy Rahmanda Putra (Unknown)
Syamsul Huda (Unknown)



Article Info

Publish Date
25 Aug 2025

Abstract

This study aims to analyze the macroeconomic factors that influence investment in Magelang Regency. It uses quantitative time-series data from 2013 to 2023. The dependent variable is the value of realized investment in Magelang Regency, while the independent variables include inflation, interest rates, and the regency/city minimum wage (UMK).The analysis method used is multiple linear regression, preceded by classic assumption tests (normality,multicollinearity, heteroscedasticity,and autocorrelation) to ensure that the estimation model is unbiased (BLUE).The results show that the inflation variable affects investment, which is proven by a critical test value below 5%, at 0.0132. Meanwhile, the test results indicate that the interest rate variable does not have a significant effect on investment, as proven by a critical test value above 5%, at 0.5396. Finally, the research shows that the regency/city minimum wage variable affects investment, which is proven by a critical test value below 5%, at 0.026.

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Journal Info

Abbrev

IJEBIR

Publisher

Subject

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

Description

International Journal of Economics, Business and Innovation Research (IJEBIR) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality ...