The Effect of Investment and Labor on Economic Growth

  • Imran Tajuddin Universitas Muslim Indonesia
Keywords: Investment, Labor, Economic Growth

Abstract

The purpose of this study is to analyze the effect of investment and labor on economic growth in Majene Regency and to find out which factors have a dominant influence on economic growth in Majene Regency. This research was conducted in Majane Regency, where the data collection centers were the Majene Regency BPS (Central Bureau of Statistics) Office, Majene Regency Bappeda Office, Majene Regency Manpower and Transmigration Office, (4) Central Investment Coordinating Board (BKPM), internet and other official offices that can further refine research data. The population in this study is all GRDP and investment, the workforce in Majene. The author uses secondary data (time series); there is no sample. The results of the study indicate that the effect of investment and labor on economic growth is positive. This means that if the investment is added, it will increase economic growth. Likewise, if the workforce is added, it will be followed by an increase in economic growth. Through this study, the authors recommend this research to the local government. In increasing economic growth, factors that can positively impact are needed, including investment and labor factors

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Published
2021-07-15
How to Cite
Tajuddin, I. (2021). The Effect of Investment and Labor on Economic Growth. PARADOKS : Jurnal Ilmu Ekonomi, 4(3), 678-685. Retrieved from https://jurnal.fe.umi.ac.id/index.php/PARADOKS/article/view/984
Section
Articles