IDEAS home Printed from https://ideas.repec.org/p/osf/osfxxx/rfcuj.html
   My bibliography  Save this paper

The economic growth and affecting factors in Sumatera island

Author

Listed:
  • Nagara, Patria
  • , yolanda

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.

Suggested Citation

  • Nagara, Patria & , yolanda, 2020. "The economic growth and affecting factors in Sumatera island," OSF Preprints rfcuj, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:rfcuj
    DOI: 10.31219/osf.io/rfcuj
    as

    Download full text from publisher

    File URL: https://osf.io/download/61153822d69866009da2b70e/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/rfcuj?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. repec:agr:journl:v:5(594):y:2014:i:5(594):p:85-96 is not listed on IDEAS
    2. Y. Yolanda, 2017. "Analysis of Factors Affecting Inflation and its Impact on Human Development Index and Poverty in Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 38-56.
    3. Robert J. Barro, 2003. "Determinants of Economic Growth in a Panel of Countries," Annals of Economics and Finance, Society for AEF, vol. 4(2), pages 231-274, November.
    4. Manamba EPAPHRA & John MASSAWE, 2016. "Investment and Economic Growth: An Empirical Analysis for Tanzania," Turkish Economic Review, KSP Journals, vol. 3(4), pages 578-609, December.
    5. Lloyd, P. J. & MacLaren, D., 2002. "Measures of trade openness using CGE analysis," Journal of Policy Modeling, Elsevier, vol. 24(1), pages 67-81, March.
    6. Makaringe, Sibusiso Clement & Khobai, Hlalefang, 2018. "The effect of unemployment on economic growth in South Africa (1994-2016)," MPRA Paper 85305, University Library of Munich, Germany.
    7. Yolanda, 2017. "Impacts of Export Development on Unemployment in Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 758-773.
    8. Clainos Chidoko & Innocent Sachirarwe, 2015. "An Analysis of the Impact of Investment on Economic Growth in Zimbabwe," Review of Knowledge Economy, Conscientia Beam, vol. 2(2), pages 93-98.
    9. Nadia Hanif & Noman Arshed, 2016. "Relationship between School Education and Economic Growth: SAARC Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 294-300.
    10. Sylvie Kobzev Kotásková & Petr Procházka & Luboš Smutka & Mansoor Maitah & Elena Kuzmenko & Markéta Kopecká & Vladimír Hönig, 2018. "The Impact of Education on Economic Growth: The Case of India," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 66(1), pages 253-262.
    11. Farhad Khodadad KASHI & Mohammad Nabi SHAHIKI TASH, 2014. "Effects of macroeconomic variables on poverty in Iran (Application of bootstrap technique)," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(5(594)), pages 85-96, May.
    12. Diellza Kukaj, 2018. "Impact of Unemployment on Economic Growth: Evidence from Western Balkans," European Journal of Marketing and Economics Articles, Revistia Research and Publishing, vol. 1, ejme_v1_i.
    13. Clainos Chidoko & Innocent Sachirarwe, 2015. "An Analysis of the Impact of Investment on Economic Growth in Zimbabwe," Review of Knowledge Economy, Conscientia Beam, vol. 2(2), pages 93-98.
    14. Ching-Cheng Chang & Michael Mendy, 2012. "Economic growth and openness in Africa: What is the empirical relationship?," Applied Economics Letters, Taylor & Francis Journals, vol. 19(18), pages 1903-1907, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:osf:osfxxx:rfcuj_v1 is not listed on IDEAS
    2. Dakpogan, Arnaud & Smit, Eon, 2018. "The effect of electricity losses on GDP in Benin," MPRA Paper 89545, University Library of Munich, Germany.
    3. Themba G. Chirwa & Nicholas M. Odhiambo, 2017. "Sources of Economic Growth in Zambia: An Empirical Investigation," Global Business Review, International Management Institute, vol. 18(2), pages 275-290, April.
    4. Mduduzi Biyase & September Rooderick, 2017. "Determinants of Growth in SADC Countries: A Fixed Effect Vector Decomposition Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 7(4), pages 746-751.
    5. Salyha Zulfiqar Ali Shah & Mah Rukh Shabbir & Sabiha Parveen, 2022. "The Impact of Unemployment on Economic Growth in Pakistan: An Empirical Investigation," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 4(1), pages 78-87, March.
    6. Md Mazharul Islam & Majed Alharthi & Md Wahid Murad, 2021. "The effects of carbon emissions, rainfall, temperature, inflation, population, and unemployment on economic growth in Saudi Arabia: An ARDL investigation," PLOS ONE, Public Library of Science, vol. 16(4), pages 1-21, April.
    7. Dimakatso Sekwati & Mbulaheni Albert Dagume, 2023. "Effect of Unemployment and Inflation on Economic Growth in South Africa," International Journal of Economics and Financial Issues, Econjournals, vol. 13(1), pages 35-45, January.
    8. Chirwa Themba G. & Odhiambo Nicholas M., 2016. "Macroeconomic Determinants of Economic Growth: A Review of International Literature," South East European Journal of Economics and Business, Sciendo, vol. 11(2), pages 33-47, December.
    9. Can Sever, 2022. "Financial structure convergence," International Finance, Wiley Blackwell, vol. 25(1), pages 65-83, April.
    10. Kholeka Mdingi & Sin-Yu Ho, 2023. "Income inequality and economic growth: An empirical investigation in South Africa," Cogent Economics & Finance, Taylor & Francis Journals, vol. 11(2), pages 2230027-223, June.
    11. Simplice A. Asongu, 2019. "FDI in Selected Developing Countries: Evidence from Bundling and Unbundling Governance," Working Papers 19/057, European Xtramile Centre of African Studies (EXCAS).
    12. Alsamara, Mouyad & Mrabet, Zouhair, 2023. "Investigating the impact of remittance outflows and oil price on economic growth in Gulf Cooperation Council countries," Resources Policy, Elsevier, vol. 82(C).
    13. Hlongwane, Nyiko Worship & Daw, Olebogeng David, 2021. "An increase of electricity generation can lead to economic growth in South Africa," MPRA Paper 111018, University Library of Munich, Germany.
    14. Maria Cipollina & Luca Salvatici, 2008. "Measuring Protection: Mission Impossible?," Journal of Economic Surveys, Wiley Blackwell, vol. 22(3), pages 577-616, July.
    15. Zin Mar Oo & Ching‐Yang Lin & Makoto Kakinaka, 2025. "Deciphering Long‐Term Economic Growth: An Exploration With Leading Machine Learning Techniques," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 44(4), pages 1531-1562, July.
    16. Gravina, Antonio Francesco & Lanzafame, Matteo, 2025. "‘What's your shape?’ A data-driven approach to estimating the Environmental Kuznets Curve," Energy Economics, Elsevier, vol. 148(C).
    17. Themba G. Chirwa & Nicholas M. Odhiambo, 2016. "What Drives Long-Run Economic Growth? Empirical Evidence from South Africa," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 69(4), pages 429-456.
    18. I. Hakan Yetkiner, 2006. "Saglik ile Buyume," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 6(2), pages 83-91.
    19. Nur Hayati Abd Rahman & Shafinar Ismail & Eeng Ahman & Aas Nurasyiah & Neni Sri Wulandari, 2021. "The effect of regulatory performance on economic growth," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(3), pages 604-617, March.
    20. Clavijo-Cortes, Pedro & Campo-Robledo, Jacobo & Mendoza-Tolosa, Henry, 2019. "A Reassessment of the Relation Between Economic Growth and Maldistribution of Income," Working papers 25, Red Investigadores de Economía.
    21. Bazhanov, Andrei, 2011. "Зависимость Долгосрочного Роста Ресурсной Экономики От Начального Состояния: Сравнение Моделей На Примере Российской Нефтедобычи [The dependence of the potential sustainability of a resource econom," MPRA Paper 35888, University Library of Munich, Germany.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:osfxxx:rfcuj. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://osf.io/preprints/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.