THE EFFECT OF POPULATION, MINIMUM WAGE RATE, AND UNEMPLOYMENT RATE ON PER CAPITA EXPENDITURE IN THE REGENCIES/CITIES OF NORTH SUMATRA PROVINCE

Authors

  • Bungaran Silalahi Universitas Diponegoro
  • Dede Ruslan Universitas Sumatra Utara

DOI:

https://doi.org/10.22437/jiseb.v27i02.38298

Keywords:

Minimum Wage, Per Capita Expenditure , Population , Unemployment Rate

Abstract

Per capita expenditure is an important indicator reflecting the purchasing power and welfare of a country or region. This study aims to describe per capita expenditure in North Sumatra Province at the district/city level and analyze the influence of population, minimum wage, and unemployment rate on per capita expenditure across all districts/cities in North Sumatra Province in 2022. This study uses a quantitative method with a cross-sectional data regression model, accompanied by tests for normality, multicollinearity, heteroscedasticity, autocorrelation, and hypothesis testing. The results of the analysis indicate that the minimum wage level has a significant effect on per capita expenditure, while population and unemployment rate do not. The results of this study are expected to serve as a reference for local governments in formulating policies that support increased per capita expenditure, which ultimately contributes to encouraging consumption and driving the regional economy.

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Published

2024-12-30

How to Cite

Silalahi, B., & Ruslan, D. (2024). THE EFFECT OF POPULATION, MINIMUM WAGE RATE, AND UNEMPLOYMENT RATE ON PER CAPITA EXPENDITURE IN THE REGENCIES/CITIES OF NORTH SUMATRA PROVINCE. Jurnal Ilmiah Sosio-Ekonomika Bisnis, 27(02), 46–59. https://doi.org/10.22437/jiseb.v27i02.38298