Socio-Economic Influence on Inclusive Economic Development in Eastern Indonesia

Abstract

This study aims to study the socio-economic impact on inclusive economic growth in the eastern region of Indonesia. The quantitative method is based on data collected from the Central Statistics Agency, which covers thirteen provinces in the eastern region of Indonesia from 2017 to 2021. The influence of the dependent variable on the independent variable is determined through a panel data regression method using a fixed effects model. This research shows that the inclusive economic development index variable consists of the open unemployment rate with a negative and significant value; the number of poor people with a positive and significant value; gross regional domestic product with a positive and significant value; and domestic investment with a positive and significant value. These two variables have a significant impact on the inclusiveness of economic growth.