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Growing Science » Accounting » The economic growth and affecting factors in Sumatera island

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Accounting
ISSN 2369-7407 (Online) - ISSN 2369-7393 (Print)
Quarterly Publication
Volume 7 Issue 3 pp. 675-682, 2021

The economic growth and affecting factors in Sumatera island Pages 675-682 PDF Download PDF

Authors: Yolanda Yolanda, Patria Nagara, Sumarni Sumarni, Efiani Efiani

📋 Author Affiliations:
Yolanda Yolanda1, P. Nagara ORCID 2, Sumarni Sumarni ORCID 1, Efiani Efiani3
1 University Borobudur, Jakarta, Indonesia
2 STIE Sumbar Pariaman, Sumatera Barat, Indonesia
3 University Azzahra, Jakarta, Indonesia
doi 10.5267/j.ac.2020.12.009
Crossref 1 Source: CrossRef

🔑 Keywords: Education, Economic openness, Road infrastructure, Investment, Poverty, Unemployment, Economic Growth, OLS method

Abstract: The indicators of success in macro development can be measured from the economic growth, which is reflected in changes in the Gross Regional Domestic Product (GRDP). The factors which affect the economic growth are very complex. This study analyzes the economic growth and the factors that affect Sumatra island. The data used is panel data with descriptive analysis techniques and multiple linear regression. Based on the research results: Education, economic openness, road infrastructure, and investment have a positive and significant effect on economic growth and poverty and unemployment have a negative and significant effect on economic growth. Besides, the results of panel data explained that the openness of the economy to economic growth is very low, while the highest is education.

How to cite this paper
APA: Yolanda, Y., Nagara, P., Sumarni, S & Efiani, E. (2021). The economic growth and affecting factors in Sumatera island. Accounting, 7(3), 675-682.
Chicago/Turabian: Yolanda, Y., Nagara, P., Sumarni, S & Efiani, E. 2021. "The economic growth and affecting factors in Sumatera island." Accounting 7, no. 3 (2021): 675-682.
AMA: Yolanda, Y., Nagara, P., Sumarni, S & Efiani, E. The economic growth and affecting factors in Sumatera island. Accounting. 2021;7(3):675-682.

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📚 Journal: Accounting | 📅 Year: 2021 | 📖 Volume: 7 | 📄 Issue: 3 | 👁️ Views: 1353 | 📊 Crossref: 1

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