Regional inequality, human capital, unemployment, and economic growth in Indonesia: Panel regression approach

Autor: Suparman Suparman, Muzakir Muzakir
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: Cogent Economics & Finance, Vol 11, Iss 2 (2023)
Druh dokumentu: article
ISSN: 23322039
2332-2039
DOI: 10.1080/23322039.2023.2251803
Popis: AbstractThe purpose of this study is to estimate the relationship and influence between regional inequality variables, human capital, the open unemployment rate, and economic growth in Indonesia using panel data. The panel data consists of a combination of time series data from the 2010–2020 period, based on information from 32 provinces in Indonesia. The estimation model employed in this study is a panel regression model utilizing three methods: the common effect model (CEM), fixed effect model (FEM), and random effect model (REM). The findings of the study reveal a positive and significant effect of the ETI factor on the LOG (GRDP) factor. Additionally, the HDI variable exhibits a positive and significant impact on the LOG (GRDP) variable, while the UNR variable also shows a positive and significant effect on the LOG (GRDP) variable. Furthermore, the ETI variable is found to have a positive and significant influence on the UNR variable, while the HDI variable has a negative and significant impact on the UNR variable. Finally, the LOG (GRDP) variable demonstrates a positive and significant effect on the UNR variable.
Databáze: Directory of Open Access Journals
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