Research Paper
Year: 2022 | Month: May | Volume: 9 | Issue: 5 | Pages: 343-366
DOI: https://doi.org/10.52403/ijrr.20220542
The Influence of Infrastructure, Investment and Economic Growth on the Welfare of the Community through Employment Opportunities in North Sumatra Province
Rafika Zubaydah1, Sya’ad Afifuddin2, Ahmad Albar Tanjung3
1Posgraduate Students, Faculty of Economics and Business,
Department of Economics, Universitas Sumatera Utara, Indonesia.
2,3Postgraduate Lecturer, Faculty of Economics and Business,
Department of Economics, Universitas Sumatera Utara, Indonesia.
Corresponding Author: Rafika Zubaydah
ABSTRACT
This study aims to examine and analyze the influence of infrastructure, investment and economic growth on people's welfare through employment opportunities in North Sumatra Province. The type of data used in this study is the type of quantitative data while the source of data used in this study is secondary. This study uses data path analysis (path analysis), which uses the data time series for 31 years, ie from 1990 up to 2020. The data analysis method used in this research is multiple linear regression analysis (Multiple Regression Analysis) and path analysis (Path Analysis). The results of the research based on the path analysis method show that, the infrastructure variable has a positive and insignificant effect on employment opportunities, the investment variable has a negative and insignificant effect on employment opportunities, the economic growth variable is positive and significant on employment opportunities, the infrastructure variable has a positive and significant impact on people's welfare, the investment variable has a positive and significant effect on the welfare of the community, the variable of economic growth has a positive and insignificant effect on the welfare of the community, the employment opportunity variable has a positive and significant impact on the welfare of the community.
Keywords: Infrastructure, Investment, Economic Growth, Job Opportunities, Community Welfare.
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