PENGARUH PERTUMBUHAN EKONOMI, INVESTASI, DAN UPAH MINIMUM TERHADAP TINGKAT PENGANGGURAN DI JAWA BARAT

Qatrunnada Nisrina Ramadhani; Candra Fajri Ananda

Authors

Qatrunnada Nisrina Ramadhani Ekonomi Pembangunan, Faculty of Economics and Business, Universitas Brawijaya, Indonesia
Candra Fajri Ananda Faculty of Economics and Business, Universitas Brawijaya, Indonesia

Keywords:

Open Unemployment Rate, Economics Growth, Investment, Minimum Wage

Abstract

The objective of this study is to find out how the unemployment rate in each of West Java's districts and cities would change between 2018 and 2022 in relation to economic growth, investment, and minimum wages. Over a five-year period, a panel data collection comprising 27 districts and towns was utilized to accomplish this goal. Regression analysis with panel data was applied. The findings indicate that from 2018 to 2022, minimum wage, investment, and economic growth all had a considerable impact on the unemployment rate in all West Javan districts and cities. Economic growth holds a negative and significant effect on the unemployment rate, while investment has a negative and significant impact at 10% alpha on the unemployment rate. The minimum wage significantly and positively affects the unemployment rate. Investments made are mostly capital intensive and not yet equally distributed throughout West Java. Therefore, in order to lower unemployment, local governments are expected to increase labor-intensive investment.

References

Alkofahi, K. (2020) “The Effect of Foreign Direct Investment on the Unemployment Rate in Saudi Arabia,” International Journal of Economics and Finance, 12(10), hal. 1. doi: 10.5539/ijef.v12n10p1.

Basuki, A. T. dan Prawoto, N. (2017) Analisis Regresi Dalam Penelitian Ekonomi dan Bisnis (Dilengkapi SPSS & Eviews). Jakarta: PT. RajaGrafindo Persada (Rajawali Pers).

Borjas, G. J. (2010) LABOR ECONOMICS. Sixth. New York: McGraw-Hill Higher Education.

Case, K. E., Fair, R. C. dan Oster, S. M. (2012) Case & Fair Principles of Economics 10th Edition. Pearson.

Christianto, S. Y., Prasetyani, D. dan Rawidyo Putr, T. (2022) “The Effect of Inflation Rate, Economic Growth Rate and Minimum Wages on Open Unemployment Rate in East Java Year 2013–2021,” International Journal of Economics, Business and Management Research, 06(12), hal. 42–53. doi: 10.51505/ijebmr.2022.61204.

DJPb Jawa Barat (2022) Kajian Fiskal Regional Tahunan 2022. Tersedia pada: https://djpb.kemenkeu.go.id/kanwil/jabar/id/data-publikasi/kajian-fiskal-regional/3116-kfr-tahunan-2022.html.

DPMPTSP Jawa Barat (2022) Laporan Realisasi Investasi Provinsi Jawa Barat Tahun 2022. Tersedia pada: https://dpmptsp.jabarprov.go.id/realisasiinvestasi/.

Efrianti, R., Irawan, A. dan Akbar, A. (2021) “Pengaruh Pertumbuhan Ekonomi Terhadap Tingkat Pengangguran Di Provinsi Sumatera Selatan Tahun 2002 – 2019,” KLASSEN : Jurnal Ilmu Ekonomi dan Perencanaan Pembangunan, 1(1), hal. 36–49.

Gómez, M. dan Irewole, O. E. (2023) “Economic growth, inflation and unemployment in Africa: an autoregressive distributed lag bounds testing approach, 1991–2019,” African Journal of Economic and Management Studies. doi: 10.1108/AJEMS-09-2022-0378.

Gujarati, D. N. dan Porter, D. C. (2009) Basic Econometrics (Fifth Edition). Fifth, Introductory Econometrics: A Practical Approach. Fifth.

Hasan, Z. dan Sasana, H. (2020) “Determinants of youth unemployment rate in Asean,” International Journal of Scientific and Technology Research, 9(3), hal. 6687–6691.

Helvira, R. dan Rizki, E. P. (2020) “Pengaruh Investasi, Upah Minimun, dan IPM terhadap Tingkat Pengangguran Terbuka di Provinsi Kalimantan Barat,” Journal of Islamic Economy and Business (JIsEB), 1(1), hal. 53–62. Tersedia pada: http://e-journal.iainptk.ac.id/index.php/jiseb.

Kukaj, H., Nimani, A. dan Usaj, V. (2022) “Foreign Direct Investment, Economic Growth, and Unemployment: Evidence From Developing Countries,” Journal of Governance and Regulation, 11(2 Special issue), hal. 293–300. doi: 10.22495/jgrv11i2siart8.

Lequiller, F. dan Blades, D. (2014) Understanding National Accounts. Paris: OECD Publishing. doi: 10.1787/9789264214637-en.

Mahroji, D. dan Nurkhasanah, I. (2019) “Pengaruh Indeks Pembangunan Manusia Terhadap Tingkat Pengangguran Di Provinsi Banten,” Jurnal Ekonomi-Qu, 9(1). doi: 10.35448/jequ.v9i1.5436.

Mankiw, N. G. (2007) Makroekonomi, Edisi Keenam. 6th ed, Jakarta : Erlangga. 6th ed.

Mankiw, N. G., Quah, E. dan Wilson, P. (2014) Pengantar Ekonomi Makro: Edisi Asia, Book. Jakarta: Penerbit Salemba Empat.

Michael, E. dan Geetha, C. (2020) “Macroeconomic Factors That Affecting Youth Unemployment in Malaysia,” Malaysian Journal of Business and Economics (MJBE), 7(2), hal. 181. doi: 10.51200/mjbe.vi.2890.

Mkombe, D. et al. (2021) “The effects of foreign direct investment on youth unemployment in the Southern African Development Community,” Development Southern Africa, 38(6), hal. 863–878. doi: 10.1080/0376835X.2020.1796598.

Mulyadi (2003) Ekonomi Sumber Daya Manusia dalam Perspektif Pembangunan. Jakarta: Raja Grafindo Persada.

Prayitno, A. R. D. dan Kusumawardani, D. (2022) “Open Unemployment Rate in The Province of East Java,” The Winners, 23(1), hal. 11–18. doi: 10.21512/tw.v23i1.7047.

Sabado, J. R. F., Millan, K. A. dan Asoy, D. M. (2023) “The Relationship of Foreign Direct Investment and Unemployment Rate in the Philippines,” Journal of Asian Development, 9(1), hal. 32–52. doi: 10.52941/jad.v9i1.44.

Saputri, K. D. dan Ananda, C. F. (2023) “Pengaruh Belanja Daerah, PMDN, dan PMA Terhadap Pertumbuhan Ekonomi di Pulau Jawa,” Journal of Development Economics and Social Studies, 2(4), hal. 800–813.

Septiyanto, W. G. dan Tusianti, E. (2020) “Analisis Spasial Tingkat Pengangguran Terbuka di Provinsi Jawa Barat,” Jurnal Ekonomi Indonesia, 9(2), hal. 119–131. doi: 10.52813/jei.v9i2.40.

Setiawan, J., Saleh, M. dan Yuliati, L. (2017) “Analisis Faktor-Faktor yang Mempengaruhi Tingkat Pengangguran di Provinsi Jawa Timur Tahun 2009-2015 ( Analysis of Factors Affecting Unemployment Rate in East Java Province Year,” Ekuilibrium, II(1), hal. 31–37.

Todaro, M. P. dan Smith, S. C. (2020) Economic Development (Thirtreenth Edition). Pearson.

Vitaliano, D. F. (2023) “The Minimum Wage and Natural Rate of Unemployment,” Atlantic Economic Journal, 51(2–3), hal. 189–202. doi: 10.1007/s11293-023-09780-x.

Wirawan, I. dan Sentosa, S. U. (2021) “Analysis of Factors Affecting the Unemployment Rate of Educational Labor in Indonesia,” in Proceedings of the Seventh Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2021), hal. 93–97. doi: 10.46799/jss.v3i6.483.