THE EFFECTS OF HUMAN DEVELOPMENT INDEX AND INFLATION ON ECONOMIC GROWTH IN SOUTH SUMATRA PROVINCE

Aug 27, 2026

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Study examines how the Human Development Index (HDI) and inflation influence economic growth in South Sumatra Province. Quantitative research applies multiple linear equation analysis using secondary data from the South Sumatra Central Bureau of Statistics for 2015–2021 and estimates with Eviews 9.0. Results show HDI has a positive and significant partial effect on economic growth, while inflation has a negative and insignificant partial effect. Simultaneously, HDI and inflation jointly exert a positive and significant impact on economic growth.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages5

Reading Time13 min

AccessFree to download

Introduction

Background and Concepts

Economic Growth Measurement

Literature and Framework

Role of HDI

Role of Inflation

Methodology and Data

Research Design and Data Sources

Analysis Approach (Multiple Linear Regression)

Results and Discussion

Partial Effects of HDI

Partial Effects of Inflation

Simultaneous Effect on Economic Growth

[http://ejournal.seaninstitute.or.id/index.php/Ekonomi](http://ejournal.seaninstitute.or.id/index.php/Ekonomi) Jurnal Ekonomi, Volume 12, No 03, 2023 ISSN: 2301-6280 (print) ISSN: 2721-9879 (online) THE EFFECTS OF HUMAN DEVELOPMENT INDEX AND INFLATION ON ECONOMIC GROWTH IN SOUTH SUMATRA PROVINCE 1Sayyid Muhammad Abdurrahman, 2Muhammad Fazal Rizvi, 3Maya Panorama 1,2,3 Fakultas Ekonomi Syariah , UIN Raden Fatah Palembang | ARTICLEINFO | ABSTRACT | | --- | --- | | | This study aims to determine and analyze the effect of the human | | | development index (HDI) and inflation on economic growth in South | | | Sumatra Province. This type of research is quantitative using secondary data | | | obtained from the South Sumatra Central Bureau of Statistics in the 2015- | | Keywords: | 2021 period. The data was analyzed by multiple linear equation analysis | | Human Development Index, | with the help of the Eviews 9.0 program. This study analyzes partially that | | Inflation, | the human development index has a positive and significant effect on | | Economic Growth | economic growth in South Sumatra Province. Inflation partially has a negative and insignificant effect on economic growth in South Sumatra Province. And simultaneously the human development index and inflation have a positive and significant effect on economic growth in South Sumatra Province.
Copyright © 2023 Jurnal Ekonomi. All rights reserved. It is licensed under a Creative Commons Attribution-NonCommercial 4.0
International License (CC BY-NC 4.0) | | E-mail:
[rizvicrispy@gmail.com](rizvicrispy@gmail.com) | | 1. INTRODUCTION Development is a process towards change that is always sought to improve the welfare of the people in an area. The calculation of development results from the number of output indicators produced during a certain period. The role of the government is indispensable in successful national development activities in producing the utilization of human resources in the region concerned. Development is needed to improve the welfare of the people in a region. One of them is humans or people who are wealth or basic capital in development. Human resources are an important role in the creation of a development that aims to make people healthy and able to run a productive life so that they can create a productivity. Utilization of human resources in their abilities must be optimized to the maximum in order to achieve sustainable development. One indicator that can be used to measure the success of macro development implementation is economic growth. Generally used to see the success of the economic situation in a region is economic growth. The economic growth of a region can be seen from the results of the production process of goods and services in the region. Economic growth is a process of continuous change in the economic condition of a country towards a better situation during a certain period. An economy is said to experience a change in its development if the level of economic activity is higher than that achieved in the previous period. Basically, economic growthis defined as a process of per capita output growth in the long term. This means that in the long run, welfare is reflected in an increase in per capita output which also provides many alternatives in consuming goods and services, and is followed by the increasing purchasing power of the community. Therefore, the measurement of economic growth can be seen from the value of Gross Regional Domestic Product (GRDP), which is one of the important indicators in measuring the community in a region, whether it is prosperous or not. GRDP is also a condition for the achievement of human development because with development, the economy is guaranteed to increase productivity and increase income with the main goal of stabilizing prices (through controlling inflation) and avoiding the growth of unemployment. It can be seen from graph 1 that the economic growth of South S

FAQs

What variables are analyzed in the study on South Sumatra's economic growth?

The study analyzes the Human Development Index (HDI) and inflation as explanatory variables for economic growth in South Sumatra Province.

How does the Human Development Index affect economic growth according to the results?

HDI shows a positive and significant partial effect on economic growth in South Sumatra Province.

How does inflation affect economic growth, and what is the joint effect of HDI and inflation?

Inflation has a negative and insignificant partial effect. Together, HDI and inflation have a positive and significant effect on economic growth.

Aug 27, 2026

Uploaded by Mia