The Impact of Human Development Index, Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate on Economic Growth

Main Authors: Irawan, Toni, Khoirudin, Rifki
Format: Article info application/pdf Journal
Bahasa: eng
Terbitan: The Indonesian Institute of Science and Technology Research , 2024
Subjects:
Online Access: https://journal.iistr.org/index.php/JMSD/article/view/498
https://journal.iistr.org/index.php/JMSD/article/view/498/413
ctrlnum article-498
fullrecord <?xml version="1.0"?> <dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><title lang="en-US">The Impact of Human Development Index, Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate on Economic Growth</title><creator>Irawan, Toni</creator><creator>Khoirudin, Rifki</creator><subject lang="en-US">Economic Growth</subject><subject lang="en-US">Human Development</subject><subject lang="en-US">Labor Force Participation</subject><subject lang="en-US">Minimum Wage</subject><subject lang="en-US">Open Unemployment</subject><description lang="en-US">This research aims to identify factors influencing the economic growth of Bali Province. The dependent variable used is economic growth, while the independent variables include the Human Development Index, Provincial Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate. The research employs a quantitative method, utilizing panel data regression with the Random Effect Model (REM). The findings reveal that the Open Unemployment Rate and Provincial Minimum Wage variables significantly and negatively impact economic growth. Conversely, the Labor Force Participation Rate&#xA0; variable significantly and positively influences economic growth. However, the Human Development Index variable does not demonstrate a significant impact and holds a positive value on economic growth.</description><publisher lang="en-US">The Indonesian Institute of Science and Technology Research</publisher><date>2024-03-03</date><type>Journal:Article</type><type>Other:info:eu-repo/semantics/publishedVersion</type><type>Journal:Article</type><type>File:application/pdf</type><identifier>https://journal.iistr.org/index.php/JMSD/article/view/498</identifier><identifier>10.56741/jmsd.v3i01.498</identifier><source lang="en-US">Journal of Management Studies and Development; Vol. 3 No. 01 (2024): Journal of Management Studies and Development; 56-68</source><source>2962-5467</source><source>2962-5955</source><source>10.56741/jmsd.v3i01</source><language>eng</language><relation>https://journal.iistr.org/index.php/JMSD/article/view/498/413</relation><rights lang="en-US">Copyright (c) 2024 Toni Irawan, Rifki Khoirudin</rights><rights lang="en-US">https://creativecommons.org/licenses/by-sa/4.0</rights><recordID>article-498</recordID></dc>
language eng
format Journal:Article
Journal
Other:info:eu-repo/semantics/publishedVersion
Other
File:application/pdf
File
Journal:Journal
author Irawan, Toni
Khoirudin, Rifki
title The Impact of Human Development Index, Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate on Economic Growth
publisher The Indonesian Institute of Science and Technology Research
publishDate 2024
topic Economic Growth
Human Development
Labor Force Participation
Minimum Wage
Open Unemployment
url https://journal.iistr.org/index.php/JMSD/article/view/498
https://journal.iistr.org/index.php/JMSD/article/view/498/413
contents This research aims to identify factors influencing the economic growth of Bali Province. The dependent variable used is economic growth, while the independent variables include the Human Development Index, Provincial Minimum Wage, Labor Force Participation Rate, and Open Unemployment Rate. The research employs a quantitative method, utilizing panel data regression with the Random Effect Model (REM). The findings reveal that the Open Unemployment Rate and Provincial Minimum Wage variables significantly and negatively impact economic growth. Conversely, the Labor Force Participation Rate variable significantly and positively influences economic growth. However, the Human Development Index variable does not demonstrate a significant impact and holds a positive value on economic growth.
id IOS20041.article-498
institution Indonesian Institute of Science and Technology Research
institution_id 10707
institution_type library:public
library
library Indonesian Institute of Science and Technology Research (IISTR)
library_id 7954
collection Journal of Management Studies and Development
repository_id 20041
subject_area Management Studies
Accounting
Business
Organization Theory
city KOTA YOGYAKARTA
province DAERAH ISTIMEWA YOGYAKARTA
repoId IOS20041
first_indexed 2024-06-11T03:03:49Z
last_indexed 2024-06-13T03:35:53Z
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