Journal of Business and Management Inaba
Vol. 1 No. 02 (2022): Volume 1 Number 2 December 2022

THE GROSS DOMESTIC PRODUCT ANALYSIS IN INDONESIA FOR 2008-2021

Listri Herlina (Universitas Indonesia Membangun)
Palupi Permata Rahmi (Universitas Indonesia Membangun)



Article Info

Publish Date
10 Dec 2022

Abstract

Economic growth is an indicator that plays an important role in determining the prosperity of a country. This study aims to analyse the effect of growth of foreign debt, inflation, Exchange rate, growth of poverty, and regional minimum wage on gross domestic product (GDP) in Indonesia for 2008 - 2021. Data collected through library research from the Central Bureau of Statistics and Bank Indonesia Reports. Furthermore, the data was processed using descriptive statistical analysis and verification. Ordinary Least Square regression analysis using EViews software approach was adopted for analyse the effect of independent variables on dependent variable. The result shows that gross domestic product (GDP) is influenced by the growth of foreign debt, the growth of poverty, and the growth of the minimum wage. This result is supported by the value of t-statistics < t table and also simultaneously through the coefficient of determination shows that the three variables above have a significant effect on the gross domestic product variable.

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Journal Info

Abbrev

jbmi

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

This journal encompasses original research articles, review articles, and short communications, including: Financial Management, Marketing Management, Human Resource Management, Organizational Behavior, Strategic Management, Operations Management, Change Management, Management of Sharia, ...