Analysis of Factors Affecting the Number of Poor People in Central Java in 2017–2021

Annisa Fadhila Zahra Nizar and Maulidyah Indira Hasmarini ()
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Annisa Fadhila Zahra Nizar: Universitas Muhammadiyah Surakarta, Faculty of Economics and Business
Maulidyah Indira Hasmarini: Universitas Muhammadiyah Surakarta, Faculty of Economics and Business

A chapter in Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2), 2024, pp 111-124 from Springer

Abstract: Abstract The purpose of this research is to examine the direction and amount of the impact of the open unemployment rate, district/city minimum wage, population density, economic growth, and domestic investment on the number of poor people in Central Java between 2017 and 2021. The research data used in this study is secondary data obtained from the Central Statistics Agency (BPS). Panel data regression analysis was used in this work, which included time series data from 2017 to 2021 as well as cross-section data from 35 regencies/cities in Central Java. The data is analyzed with Eviews10, and the resulting equation is the Fixed Effect Model (FEM). The findings revealed that three of the five independent factors had a substantial or genuine influence on the dependent variable, namely the number of poor people. These independent variables include the level of open unemployment which has a positive and real effect, the district/city minimum wage has a negative and real effect and domestic investment has a positive and real effect on the number of poor people. Meanwhile, the variables of population density and economic growth have no effect on the number of poor people. In the research conducted, it was discovered that the coefficient of determination (R2) was 0.9956, meaning that 99.56% of the number's fluctuation of poor people could be explained by variable variations in the open unemployment rate, district/city minimum wage, population density, economic growth and domestic investment and the remaining 0.44% variations in factors excluded from the study explained.

Keywords: number of poor people; open unemployment rate; district/city minimum wage; population density; economic growth; domestic investment (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-204-0_10

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DOI: 10.2991/978-94-6463-204-0_10

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