Research Paper
Year: 2023 | Month: May | Volume: 10 | Issue: 5 | Pages: 180-194
DOI: https://doi.org/10.52403/ijrr.20230501
Analysis of the Effects of Infrastructure and Human Capital on the Economic Growth in North Sumatera Province
Fatah Baginda Gorby Siregar1, Sirojuzilam2, HB Tarmizi3
1Posgraduate Students, Faculty of Economics and Business, Department of Economics, Universitas Sumatera Utara, Indonesia
2,3Postgraduate Lecturer, Faculty of Economics and Business, Department of Economics, Universitas Sumatera Utara, Indonesia
Corresponding Author: Fatah Baginda Gorby Siregar
ABSTRACT
The objective of the research was to examine and analyze effects of road infrastructure, health infrastructure, Human Development Index (HDI) and labor force on the economic growth in North Sumatera Province. In model equation, economic growth was regarded as dependent variable while roads, health infrastructure, HDI and labor force are independent variables. The scope of this research was the statistical data of North Sumatera Province in 1992-2021. The technique analysis in this research used partial and simultaneous test with SPSS 26. The result of this research indicates that roads, health infrastructure, HDI, labor force had significant and simultaneous effect on the economic growth. Partially, it was indicated that road infrastructure, had positive and significant effects on the economic growth. Health infrastructure had positive and significant effects on the economic growth. HDI had positive and significant effects on the economic growth, labor force had positive and significant effects on the economic growth in North Sumatera Province.
Keywords: Human Capital, HDI, Road Infrastructure, Health Infrastructure, Economic Growth, Labor Force.
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