International Journal of Accounting Innovation
Vol. 2 No. 1 (2026): February

ANALYSIS OF THE INFLUENCE OF LABOR, INVESTMENT, AND INFLATION ON THE GROWTH OF THE MANUFACTURING INDUSTRY IN EAST JAVA FROM 2008-2023

Wijaya, Aldian Jodi Pemana (Unknown)
Prayitno, Budi (Unknown)
Wany, Eva (Unknown)



Article Info

Publish Date
24 Feb 2026

Abstract

Objective : This study analyzes the impact of labor, investment, and inflation on the growth of the manufacturing sector in East Java Province during 2008–2023. Method: Using an explanatory quantitative approach with a log-linear multiple regression model and annual secondary data from the Central Statistics Agency (BPS). Results: The results show that labor has a positive and significant effect, while inflation has a negative and significant effect on industrial growth. Investment has a positive but statistically insignificant impact. Simultaneously, all three variables show significant influence with an Adjusted R² of 80.76%. These findings highlight the importance of industrial development policies that consider workforce quality, inflation stability, and investment effectiveness. Novelty: This study provides empirical evidence on the simultaneous impact of labor, investment, and inflation on manufacturing sector growth in East Java Province during 2008–2023 using a log-linear multiple regression model with long-term annual data.

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Journal Info

Abbrev

IJAI

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal of Accounting Innovation (IJAI) is a peer-reviewed academic journal focused on advancing innovation in the field of accounting, with the goal of encouraging global accounting practices that are responsive to technological advancements, regulatory changes, and sustainability ...