Research Article
Determinant of Economic Factors on Economic Growth in West Kalimantan Province 2011-2019
@INPROCEEDINGS{10.4108/eai.16-4-2022.2319724, author={Firdaus Budhy Saputro and Musa Hubeis and Machfud Sidik and Heru Subiyantoro}, title={Determinant of Economic Factors on Economic Growth in West Kalimantan Province 2011-2019}, proceedings={Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2022}, month={8}, keywords={investment; labor absorption; technology implementation; economic growth}, doi={10.4108/eai.16-4-2022.2319724} }- Firdaus Budhy Saputro
Musa Hubeis
Machfud Sidik
Heru Subiyantoro
Year: 2022
Determinant of Economic Factors on Economic Growth in West Kalimantan Province 2011-2019
ICLSSEE
EAI
DOI: 10.4108/eai.16-4-2022.2319724
Abstract
This study aims to prove the opinion of classical economists about the effect of investment, population as proxied by the number of workers who work and the development of technological advances on economic growth. The method used in this study is a quantitative method using panel data regression analysis techniques, namely a combination of cross-sectional and time series data. The results of the study simultaneously state that investment, labor absorption and technology implementation have a positive and significant impact on economic growth in the province of West Kalimantan. The results of the study prove that investment has a positive and insignificant effect on economic growth, labor absorption has a positive and significant effect on economic growth, while technology implementation has a negative and insignificant effect on economic growth in the province of West Kalimantan.