Social and Economic Impact of Unemployment, Poverty, and Economic Growth in Indonesia: An Empirical Study with a Regression Approach

Authors

  • Dashen Allen University of Birmingham, United Kingdom
  • Bambang Hadi Prabowo STIE Jaya Negara Tamansiswa Malang, Indonesia

Keywords:

Unemployment, Poverty, Economic Growth, Indonesia, Regression

Abstract

This research examines how unemployment, poverty and economic growth affect Indonesia's economic performance as measured by GDP per capita growth. Researchers used data from world banks for the last two decades (2000-2020) and applied appropriate statistical methods to test the research hypothesis. The results show that unemployment and poverty have a negative impact, while economic growth has a positive impact on GDP per capita growth. This means that to improve Indonesia's economic performance, the government needs to reduce unemployment and poverty, and encourage equitable and sustainable economic growth. This research also provides policy suggestions that can be implemented by the government and other stakeholders to achieve these goals.

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Published

2024-07-26