Analisis Faktor-Faktor yang Mempengaruhi Pertumbuhan Ekonomi di Jawa Tengah: Pendekatan Metode LSDVC
DOI:
https://doi.org/10.31942/akses.v19i1.11891Abstract
This study analyses the effect of human development index, inflation, unemployment and district/city minimum wage on gross regional domestic product (GDP) using the Least Squares Dummy Variable Corrected (LSDVC) approach. Using annual panel data from 35 districts and cities in Central Java province for the period 20016-2021. The empirical results show that the variables of human development index and district / city minimum wage have a positive effect on GRDP, indicating that a higher human development index and district / city minimum wage can increase economic growth. In addition, the inflation variable has no effect on GRDP and the unemployment variable has a negative effect, increasing unemployment can reduce the rate of economic growth. These results provide implications for policy makers to understand the factors that influence economic growth in improving regional development.
Keyword: HDI, Inflation, Unemployment, district minimum wage, GRDP, LSDVC
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Abstrak
Penelitian ini menganalisis pengaruh indeks pembangunan manusia, inflasi, pengangguran dan upah minimum kabupaten/kota terhadap produk domestik regional bruto (pdrb) dengan menggunakan pendekatan Least Squares Dummy Variable Corrected (LSDVC). Menggunakan data panel tahunan dari 35 kabupaten dan kota di provinsi jawa tengah selama periode 20016-2021. Hasil empiris menunjukan bahwa variabel indeks pembangunan manusia dan upah minimum kabupaten/kota berpengaruh positif terhadap PDRB, menunjukan bahwa indeks pembangunan manusia dan upah minimum kabupaten/kota yang lebih tinggi mampu meningkatkan pertumbuhan ekonomi. Selain itu, variabel inflasi tidak berpengaruh terhadap PDRB dan variabel pengangguran berpengaruh negatif, pengangguran yang meningkat mampu menurunkan laju pertumbuhan ekonomi. Hasil ini memberikan implikasi bagi pembuat kebijakan untuk memahami faktor-faktor yang mempengaruhi pertumbuhan ekonomi dalam meningkatkan pembangunan daerah.Â
Kata kunci: IPM, Inflasi, Pengangguran, UMK, PDRB, LSDVC.
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