The Influence of Export, Government Expenditure, and Labor Force to Economic Growth in North Sumatera

Malem Ateta Br. Purba, Muhammad Fitri Rahmadhana, Muhammad Nasir

2018

Abstract

Economic growth is one of the most important factors to measure the success of economic development. The aim of economic development is to achieve high economic growth, maintain price stability, and overcome unemployment problems, maintain balance of payments balance and distribute income more equitably and evenly. The purpose of this study was to look at the effects ofm exports, government spending, and the workforce that worked on economic growth in North Sumatra during the period 2003-2017. This study uses secondary data obtained directly from Badan Pusat Statistik and department or agency concerned. The analysis used descriptive quantitative analysis of Ordinary Least Square (OLS). In this study using Eviews 9 as an estimation tool. The regression showed that the Export is not significant positive effect on the economic growth, Government Expenditure is significantly positive effect on the economic growth, and Labor Force is significantly positive effect on the economic growth. Then the relationship between the Export, Government Expenditure, and the Labor Force with Economic Growth of 98.03% and 1.97% is explained by other factors not mentioned in this model.

Paper Citation

in Harvard Style

Purba M., Rahmadhana M. and Nasir M. (2018). The Influence of Export, Government Expenditure, and Labor Force to Economic Growth in North Sumatera.In Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES, ISBN 978-989-758-432-9, pages 628-633. DOI: 10.5220/0009510206280633

in Bibtex Style

@conference{unicees18,
author={Malem Ateta Br. Purba and Muhammad Fitri Rahmadhana and Muhammad Nasir},
title={The Influence of Export, Government Expenditure, and Labor Force to Economic Growth in North Sumatera},
booktitle={Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,},
year={2018},
pages={628-633},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009510206280633},
isbn={978-989-758-432-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,
TI - The Influence of Export, Government Expenditure, and Labor Force to Economic Growth in North Sumatera
SN - 978-989-758-432-9
AU - Purba M.
AU - Rahmadhana M.
AU - Nasir M.
PY - 2018
SP - 628
EP - 633
DO - 10.5220/0009510206280633