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Determination Of Economic Growth In North Sumatera Province

Authors
  • Uli Amsyah Program Studi Ekonomi Pembangunan, Fakultas Ekonomi dan Bisnis Universitas Sumatera Utara, Medan 20155, Indonesia
  • Inggrita Gusti Sari Nasution Program Studi Ekonomi Pembangunan, Fakultas Ekonomi dan Bisnis Universitas Sumatera Utara, Medan 20155, Indonesia
Issue       Vol 8 No 1 (2025): Talenta Conference Series: Local Wisdom, Social, and Arts (LWSA)
Section       Articles
Galley      
DOI: https://doi.org/10.32734/lwsa.v8i1.2394
Keywords: Economic Gowth IPM Unemployment Capital Expenditure Population and Labour
Published 2025-02-28

Abstract

This study aims to find out how the influence of the Economic Development Index, Poverty, Unemployment, Capital Expenditure, Total Capital and Labour partially or simultaneously on Economic Growth by taking case studies in North Sumatra Province. The type of research used is descriptive quantitative, namely a descriptive approach with a quantitative approach. The data used is secondary data, this research is panel data research with panel data regression analysis method conducted with Eviews 12.0. The results of this study indicate that the HDI variable has a significantly positive effect on Economic Growth, Poverty has a negative but insignificant effect on Economic Growth, Unemployment has a positive but insignificant effect on Economic Growth, Capital Expenditure has a negative but insignificant effect on Economic Growth, Total Population has a negative but insignificant effect on Economic Growth and Labour has a significantly positive effect on Economic Growth.