Economic Growth, Social Expenditure, Unemployment, and Inflation: The Impact on Poverty in South Sumatera

Harunurrasyid, Harunurrasyid and syaipan jambak, syaipan jambak and Mardalena, Mardalena and Putri adelia, Putri adelia (2018) Economic Growth, Social Expenditure, Unemployment, and Inflation: The Impact on Poverty in South Sumatera. SEABC 2018 - 4th Sriwijaya Economics, Accounting, and Business Conference. pp. 626-636. ISSN 2184-5212

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Abstract

This study examines factors that influence and how to accelerate the decline in the number of poor people in South Sumatera Province from 2009 to 2017. The research used panel data regression, with the Common Effects Autoregressive (1) as the selected model. The results showed that the level of poverty in South Sumatra Province experienced an annual average decrease of 1.87 percent, while atsame period, several regencies/cities in South Sumatera experienced an increase, namely: Ogan Komering Ulu, Palembang, East OKU, Pagaralam and Prabumulih. The difference in changes in the number of poor people is a result of the occuring structural inequality, because the transition of dominant economic sectors in GDRP is not followed by the optimal labors absorption in the field. The structural imbalance contributes to the economic inequality, poverty, open unemployment and natural resources exploitation in South Sumatera. The test results show an increase in GDRP growth and social expenditure, and a decrease in the open unemployment rate and inflation affect the growth of poor people number in South Sumatera.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	01-Faculty of Economics > 60201-Development Economics (S1)
Depositing User:	Mardalena Mardalena
Date Deposited:	18 Jan 2022 07:54
Last Modified:	18 Jan 2022 07:54
URI:	http://repository.unsri.ac.id/id/eprint/61532

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