THE IMPACT OF LABOUR, WAGE, AND HUMAN DEVELOPMENT INDEX ON ECONOMIC GROWTH
Introduction: This study aims to estimate the impact of Labor Level, Wage Level, and Human Development Index on economic growth in DKI Jakarta Province between 2012 and 2021. Methods: This study employed quantitative research methodologies utilizing secondary data as its data source. Central Stati...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Fakultas Ekonomi dan Bisnis, Universitas Airlangga
2023-11-01
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| Series: | Jurnal Ekonomi dan Bisnis Airlangga |
| Online Access: | https://e-journal.unair.ac.id/JEBA/article/view/47178 |
| _version_ | 1797272652697567232 |
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| author | Salma Marlida Ari Prasetyo |
| author_facet | Salma Marlida Ari Prasetyo |
| author_sort | Salma Marlida |
| collection | DOAJ |
| description | Introduction: This study aims to estimate the impact of Labor Level, Wage Level, and Human Development Index on economic growth in DKI Jakarta Province between 2012 and 2021.
Methods: This study employed quantitative research methodologies utilizing secondary data as its data source. Central Statistical Agency data on GRDP, Human Development Index, Manpower, and Provincial Minimum Wages were gathered (www.bps.go.id). This study used a multivariate linear regression model to determine the impact of variables using the Least Squares Equation.
Results: The results of this study reveal that the macroeconomic variables HDI, Labors, and Wages have no substantial influence on GRDP.
Conclusion and suggestion: To influence the increase or reduction in the level of economic growth, however, the rate of economic growth (GRDP) is not only affected by macroeconomic variables but also by religiosity-related factors. |
| first_indexed | 2024-03-07T14:31:28Z |
| format | Article |
| id | doaj.art-e1b8cc69b4c14e2eaac432857e89fd49 |
| institution | Directory Open Access Journal |
| issn | 2338-2686 2597-4564 |
| language | English |
| last_indexed | 2024-03-07T14:31:28Z |
| publishDate | 2023-11-01 |
| publisher | Fakultas Ekonomi dan Bisnis, Universitas Airlangga |
| record_format | Article |
| series | Jurnal Ekonomi dan Bisnis Airlangga |
| spelling | doaj.art-e1b8cc69b4c14e2eaac432857e89fd492024-03-06T04:34:53ZengFakultas Ekonomi dan Bisnis, Universitas AirlanggaJurnal Ekonomi dan Bisnis Airlangga2338-26862597-45642023-11-0133218819910.20473/jeba.V33I22023.188-19945264THE IMPACT OF LABOUR, WAGE, AND HUMAN DEVELOPMENT INDEX ON ECONOMIC GROWTHSalma Marlida0https://orcid.org/0009-0008-6389-4650Ari Prasetyo1https://orcid.org/0000-0003-3228-0863Faculty of Economics and Business, Universitas AirlanggaFaculty of Economics and Business, Universitas AirlanggaIntroduction: This study aims to estimate the impact of Labor Level, Wage Level, and Human Development Index on economic growth in DKI Jakarta Province between 2012 and 2021. Methods: This study employed quantitative research methodologies utilizing secondary data as its data source. Central Statistical Agency data on GRDP, Human Development Index, Manpower, and Provincial Minimum Wages were gathered (www.bps.go.id). This study used a multivariate linear regression model to determine the impact of variables using the Least Squares Equation. Results: The results of this study reveal that the macroeconomic variables HDI, Labors, and Wages have no substantial influence on GRDP. Conclusion and suggestion: To influence the increase or reduction in the level of economic growth, however, the rate of economic growth (GRDP) is not only affected by macroeconomic variables but also by religiosity-related factors.https://e-journal.unair.ac.id/JEBA/article/view/47178 |
| spellingShingle | Salma Marlida Ari Prasetyo THE IMPACT OF LABOUR, WAGE, AND HUMAN DEVELOPMENT INDEX ON ECONOMIC GROWTH Jurnal Ekonomi dan Bisnis Airlangga |
| title | THE IMPACT OF LABOUR, WAGE, AND HUMAN DEVELOPMENT INDEX ON ECONOMIC GROWTH |
| title_full | THE IMPACT OF LABOUR, WAGE, AND HUMAN DEVELOPMENT INDEX ON ECONOMIC GROWTH |
| title_fullStr | THE IMPACT OF LABOUR, WAGE, AND HUMAN DEVELOPMENT INDEX ON ECONOMIC GROWTH |
| title_full_unstemmed | THE IMPACT OF LABOUR, WAGE, AND HUMAN DEVELOPMENT INDEX ON ECONOMIC GROWTH |
| title_short | THE IMPACT OF LABOUR, WAGE, AND HUMAN DEVELOPMENT INDEX ON ECONOMIC GROWTH |
| title_sort | impact of labour wage and human development index on economic growth |
| url | https://e-journal.unair.ac.id/JEBA/article/view/47178 |
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