DETERMINANTS OF POVERTY LEVELS IN MEDAN CITY IN 1998-2021: ERROR CORRECTION MODEL APPROACH
Keywords:
Level Poverty, Economic Growth, Education Level, Goverment Expenditure, Open UnemploymentAbstract
This research examines the connection between economic growth, education level, government expenditure, and open unemployment in Medan City. This research utilized annual time series data for Medan from 1998 to 2021. This research analysis method employs ECM (Error Correction Model) to comprehend the impact of long-term and short-term predictions processed by Eviews 9 software. According to the research findings, long-term and short-term projections of economic growth, education level, and accessible unemployment have a significant negative impact on poverty levels in the city of Medan. On the other hand, long-term and short-term government spending positively impact the poverty level in Medan City, although the effect is not significant. Based on the result of this research, the Medan City Government should enhance its oversight of the government's budget allocation in the context of reducing poverty in the city of Medan. In addition, the Medan City Government should concentrate its efforts on providing employment opportunities and utilizing competency-based certification and training to decrease unemployment, thereby contributing to reducing poverty in Medan City.
Downloads
References
Badan Pusat Statistik. (2021). Kota Medan Dalam Angka 2021. Medan: Badan Pusat Statistik.
Basuki, A. T., & Prawoto, N. (2017). Analisis Regresi dalam Penelitian Ekonomi dan Bisnis (1 ed.). Jakarta: PT. Rajagrafindo persada.
Ekananda, M. (2019). Ekonometrika dasar : untuk penelitian dibidang ekonomi, sosial dan bisnis (2 ed.). Jakarta: Mitra Wacana Media.
Jhingan, M. L. (2014). Ekonomi Pembangunan dan Perencanaan (1 ed.). Jakarta: PT. Raja Grafindo Persada.
Marisa. (2019). Analisis Determinan Tingkat Kemiskinan di Indonesia. JIEP: Jurnal Ilmu Ekonomi dan Pembangunan, 2(1), 76–89. https://doi.org/10.20527/jiep.v2i1.1156.
Pandoyo, & Sofyan, M. (2018). Metodologi Penelitian Keuangan & Bisnis Teori dan Aplikasi Menggunakan Software Olah Data Eviews 9. Bogor: In Media.
Pasaribu, R., Batubara, M., & Rahmani, N. A. B. (2023). Pengaruh Tenaga Kerja, Investasi, dan Pertumbuhan Ekonomi Terhadap Tingkat Kemiskinan di Kabupaten Padang Lawas. Jurnal Akuntansi dan Pajak, 23(2), 1–11.
Pratomo, W. A. & Hidayat, P. (2010). Pedoman Praktis Penggunaan Eviews Dalam Ekonometrika (2 ed.). Medan: USU PRESS.
Permana, Y. H. (2022). Ekonomika publik : pengantar teori dan kebijakan. Yogyakarta: UPP STIM YKPN.
Rahman, A., Syafii, M., & Hakim, S. H. (2021a). Analysis of Factors Affecting Poverty in the North Sumatra Province. Economics Development Analysis Journal, 10(2), 174–183. https://doi.org/10.15294/edaj.v10i2.44164
Rahman, A., Syafii, M., & Hakim, S. H. (2021b). Kesejahteraan dan Indikator Pembangunan. Medan: CV. Merdeka Kreasi Group.
Sinaga, M. (2020). Analysis of Effect of GRDP (Gross Regional Domestic Product) Per Capita, Inequality Distribution Income, Unemployment and HDI (Human Development Index) on Poverty. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 3(3), 2309–2317. https://doi.org/10.33258/birci.v3i3.1177
Subandi. (2019). Ekonomi pembangunan (1 ed.). Bandung: Alfabeta.
Wahyudi, S. T. (2020). Konsep Dan Penerapan Ekonometrika Menggunakan Eviews (2 ed.). Jakarta: PT. Rajagrafindo persada.
Winarno, W. W. (2015). Analisis Ekonometrika Dan Statistika Dengan Eviews (4 ed.). Yogyakarta: UPP STIM YKPN.
