Effect Of Consumption and Net Exports on Economic Growth With Investment as A Moderating Variable In North Sumatera Province
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| Issue | Vol 9 No 1 (2026): Talenta Conference Series: Local Wisdom, Social, and Arts (LWSA) | |
| Section | Articles | |
| Section |
Copyright (c) 2026 Talenta Conference Series: Local Wisdom, Social, and Arts (LWSA)  This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. |
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| Galley | ||
| DOI: | https://doi.org/10.32734/lwsa.v9i1.2734 | |
| Keywords: | Economic Growth Household Consumption Net Export Investment | |
| Published | 2026-03-09 |
Abstract
This study aims to determine the effect of consumption and net exports on economic growth in North Sumatra, and to prove whether investment can moderate the relationship between consumption and net exports on economic growth. The secondary data used in this study comes from the Central Bureau of Statistics (BPS) of North Sumatra and Bank Indonesia during the period 1994-2023. The analysis was conducted using moderated regression analysis with the help of SPSS 25. The results showed that the consumption variable had a significant negative effect on economic growth in North Sumatra. The net export variable has a significant positive effect on economic growth in North Sumatra. However, investment does not moderate the effect of consumption on economic growth in North Sumatra, and does not moderate the effect of net exports on economic growth in North Sumatra. Nevertheless, the simultaneous test results show that consumption, net exports, together have a significant effect on economic growth in North Sumatra.
