Journal of State Economic Research
Vol. 1 No. 2 (2025): Journal of State Economic Research

Analisis Pengaruh Investasi, Tenaga Kerja dan Belanja Pemerintah Daerah terhadap Pertumbuhan Ekonomi Kabupaten/Kota di Provinsi Sulawesi Tenggara

Teguh Permana (Universitas Halu Oleo)
Andriani Puspitaningsih (Universitas Halu Oleo)



Article Info

Publish Date
05 Dec 2025

Abstract

This study aims to examine the effects of investment, labor, and regional government expenditure on economic growth at the regency/city level in Southeast Sulawesi Province during the 2021–2023 period. The data used are panel data obtained from official publications of Statistics Indonesia (BPS). The analysis was conducted using the panel data regression method with a Fixed Effect Model (FEM) approach, selected based on the results of the Chow, Hausman, and Lagrange Multiplier tests as the most appropriate model. The estimation results indicate that regional government expenditure has a positive and significant effect on economic growth, while labor and investment have positive but insignificant effects. These findings suggest that improving the effectiveness of regional government spending plays an important role in accelerating economic growth in Southeast Sulawesi. Meanwhile, the contribution of labor remains limited due to low productivity in some areas. Therefore, it is necessary to enhance productive investment and ensure more efficient management of regional expenditures to support sustainable economic growth.

Copyrights © 2025






Journal Info

Abbrev

JSER

Publisher

Subject

Economics, Econometrics & Finance

Description

The Journal of State Economic Research (JSER) is a peer-reviewed, open-access journal dedicated to the publication of high-quality, original research in the fields of state and public economics. JSER provides a scholarly platform for researchers, academics, policymakers, and practitioners to ...