Analysis of the Influence of Poverty, Unemployment, Inflation and Investment on Economic Growth in West Nusa Tenggara Province 2012-2022

Abstract

This research aims to analyze the influence of poverty, unemployment, inflation and investment on economic growth in West Nusa Tenggara Province in the 2012-2022 period. The method used in this research is quantitative descriptive research with panel data regression analysis techniques using Eviews 10 Software. The data used is secondary data taken from the Central Statistics Agency of West Nusa Tenggara Province. The data collection technique is documentation. The panel data in this research is a combination of cross section data (data from 10 districts/cities in West Nusa Tenggara Province) and time series data (data from 2012-2022). The research results show that: 1). Poverty has a negative and significant effect on Economic Growth in West Nusa Tenggara Province in 2012-2022. 2). Unemployment has a negative and insignificant effect on Economic Growth in West Nusa Tenggara Province in 2012-2022. 3). Inflation has a negative and significant effect on Economic Growth in West Nusa Tenggara Province in 2012-2022. 4). Domestic Investment Investment has a positive and significant effect on Economic Growth in West Nusa Tenggara Province in 2012-2022. 5). Foreign Investment Investment has a positive and significant effect on Economic Growth in West Nusa Tenggara Province in 2012-2022. And 6). Poverty, Unemployment, Inflation, Domestic Investment, and Foreign Investment simultaneously have a significant effect on Economic Growth.