Determinants of Indonesia’s Long-Term Economic Structure Panel Data Approach Using Logistic Multinomial Regression

Barika Barika (), Ketut Sukiyono, RetnoAgustina Ekaputri and Bambang Agoes Hermanto
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Barika Barika: Universitas Bengkulu, Faculty of Economics and Business
Ketut Sukiyono: Universitas Bengkulu, Faculty of Economics and Business
RetnoAgustina Ekaputri: Universitas Bengkulu, Faculty of Economics and Business
Bambang Agoes Hermanto: Universitas Bengkulu, Faculty of Economics and Business

A chapter in Proceedings of the 1st Bengkulu International Conference on Economics, Management, Business and Accounting (BICEMBA 2023), 2023, pp 140-147 from Springer

Abstract: Abstract The pattern and structure of the economy in Indonesia are experiencing a contraction in line with economic development. This study aims to analyze changes in economic structure and causative factors. The analysis was conducted in panel data on 33 provinces from 2007–2021. Using Multinomial Logistic Regression to analyze the determinants of the economic position of provinces in Indonesia. The results showed that economic growth, poverty rate, unemployment rate, and investment had a significant effect on increasing the tendency of provinces that are in the classification of underdeveloped areas to become fast-growing regions. The expansion of employment opportunities coupled with inclusive economic growth is an effort to achieve a better economy.

Keywords: Economic Growth; Poverty rate; Unemployment; investment; Multinomial Logistic Regrression (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-328-3_17

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DOI: 10.2991/978-94-6463-328-3_17

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