Original Research Article
Year: 2021 | Month: December | Volume: 8 | Issue: 12 | Pages: 663-685
DOI: https://doi.org/10.52403/ijrr.20211282
Analysis of Effects of Economic Growth, Human Development Index, Population, Unemployment and Investment on Poverty Levels in the North Sumatra Province
Marisa Br Sinuraya1, Raina Linda Sari2, Irsad Lubis3
1Master of Economics Students, Faculty of Economics and Business, Universitas Sumatera Utara, Indonesia
2,3Lecturer of Master Economics, Faculty of Economics and Business, Universitas Sumatera Utara, Indonesia
Corresponding Author: Marisa Br Sinuraya
ABSTRACT
The research aims to examine and analyze effects of economic growth, human development index (HDI), population, unemployment, and investment on poverty levels in the North Sumatra Province. The research uses quantitative data type, while the data source is obtained from secondary data in the quarterly form of 2010-2019. The data are analyzed with the model of Autoregressive Distributed Lag (ARDL) analysis. The results of ARDL analysis of economic growth variables and HDI have negative and significant effects on poverty levels in the short term and long term. Unemployment variable has a significant positive effect on poverty levels in the short term however insignificant in the long term and investment variable has an insignificant positive effect on the poverty level in the short and long term.
Keywords: Economic Growth, HDI, Population, Unemployment, Investment, Poverty.
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