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An Examination of the Impact of Poverty, Unemployment, and the Human Development Index on Economic Growth in Central Java

Year: 2025

Type: article

Abstract: Economic development is crucial for improving community welfare. Instability can trigger inflation, weaken purchasing power, and increase poverty and unemployment, all of which harm economic growth. This study examines the impact of poverty, open unemployment, and the Human Development Index (HDI) on economic growth in Central Java from 2009 to 2023. Using a quantitative method with multiple linear regression on BPS time series data, the findings show poverty and unemployment negatively and significantly affect growth, while HDI has a positive and significant influence. The study concludes that reducing poverty and unemployment and improving HDI are essential. Therefore, local governments must invest in education and health and implement job-creating policies to support sustainable economic growth.

Source: Formosa Journal of Multidisciplinary Research

DOI: 10.55927/fjmr.v4i5.171

Authors: M. Arief Safii, Syamsul Huda

Institution: University of Pembangunan Nasional Veteran Jawa Timur

Language: English

Topic: Economic Growth and Fiscal Policies

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, No poverty

Open Access status: diamond

OpenAlex ID: W4411117193

FWCI:

Cites: 15

Cited by:

Related to: 10