Jurnal Pendidikan Ekonomi, Perkantoran, dan Akuntansi
Vol 2 No 2 (2021): Jurnal Pendidikan Ekonomi, Perkantoran, dan Akuntansi

THE EFFECT OF ECONOMIC GROWTH, INFLATION AND BUSINESS CONFIDENCE INDEX ON UNEMPLOYMENT IN ASEAN-5

Kamilatun Ahsana Yusri (Faculty of Economics, Universitas Negeri Jakarta, Indonesia)
Sri Indah Nikensari (Faculty of Economics, Universitas Negeri Jakarta, Indonesia)
Dicky Iranto (Faculty of Economics, Universitas Negeri Jakarta, Indonesia)



Article Info

Publish Date
21 Oct 2022

Abstract

This study aims to see the effect of of economics growth, inflation, and business confidence indexin ASEAN-5. The method used in this research is panel data regression method with VectorError Correction model. This research was conducted in 5 countrys in ASEAN for fiveteenyears, 2005-2019. The variables in this study consisted of the economics growth represented bypercentage of GDP (X1), inflation represented by consumer price index (X2), business confidenceindex represented by percentage of business confidence index (X3), and unemploymentrepresented by percentage of unempolyment rate (Y). This data is secondary data obtainedthrough World Bank and Trading Economics in ASEAN-5. The results of this study prove thatthe variable of economics growth in 1st lag isn’t significant on unemployment, but in 2nd and3rd lag are significant on unemployment. While the variables of inflation and businessconfidence index are significant on unemployment.

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Journal Info

Abbrev

jpepa

Publisher

Subject

Economics, Econometrics & Finance Education Social Sciences Other

Description

Jurnal Pendidikan Ekonomi, Perkantoran dan Akutansia (JPEPA) is a research base journal published by the Faculty of Economics, State University of Jakarta Indonesia. The scope and focus are related to research in the fields of economics, accounting, administration and also the study of economic ...