The Effect Of Labor And Investment Against Indonesia's Economic Growth

Research Article
Susilawati, Sudirman
DOI: 
http://dx.doi.org/10.24327/ijrsr.2017.0809.0822
Subject: 
science
KeyWords: 
Economic Growth, Labor and Investment
Abstract: 

Indonesia's economic growth with less accelerated economic growth, where the average annual growth is still below 5%, while the growth of developing country economy set by IMF is 5%. So we need an assessment to find out what factors affect the economic growth of Indonesia. Factors that are suspected to affect Indonesia's economic growth are labor, and investment. This study uses Indonesian economic growth data, labor and investment in Indonesia from 2002 to 2016. The data used are secondary data obtained from the Central Bureau of Statistics and the Investment Coordinating Board (BadanKoordinasiPenanaman Modal). The analysis technique used is Ordinary Least Square analysis. Based on the results of the analysis made it can be seen that investment and labor have a negative effect but this have positive direction on economic growth of Indonesia