Analysis of Economic Growth, Minimum Wage, Unemployment, and HDI on Income Distribution Inequality in Sulawesi

Authors

Muhammad Fahrur Rozi Faculty of Economics and Business, Diponegoro University, Indonesia
Hastarini Dwi Atmanti Faculty of Economics and Business, Diponegoro University, Indonesia

DOI:

https://doi.org/10.54443/sj.v3i5.432

Keywords:

Income Inequality, Economic Growth, HDI, Unemployment, Minimum Wage

Abstract

This study aims to analyze the influence of economic growth, minimum wage, unemployment, and the Human Development Index on income distribution inequality in 6 provinces in Sulawesi during the period 2013-2023. This study uses quantitative analysis with the panel data regression analysis method using the Random Effect Model (REM). The data for this research is secondary data obtained from the Central Statistics Agency of Indonesia. The research results show that simultaneously, independent variables have a significant effect on the dependent variable. However, partially, economic growth and the minimum wage have a negative and significant effect on income distribution inequality, while unemployment and the human development index do not affect income distribution inequality. The results of the coefficient of determination test show that the independent variables explain 49% of their influence on the income inequality variable, while the remaining 51% is explained outside the variables.

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References

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Published

2024-12-31

How to Cite

Fahrur Rozi, M. ., & Dwi Atmanti, H. . (2024). Analysis of Economic Growth, Minimum Wage, Unemployment, and HDI on Income Distribution Inequality in Sulawesi . International Journal of Social Science, Education, Communication and Economics, 3(5), 1451–1460. https://doi.org/10.54443/sj.v3i5.432