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

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.

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Publication Details

Journal
Formosa Journal of Multidisciplinary Research
Published
2025-05-22
DOI
https://doi.org/10.55927/fjmr.v4i5.171
Primary Topic
Economic Growth and Fiscal Policies
Type
article
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article

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

Syamsul Huda, M. Safii
Formosa Journal of Multidisciplinary Research
Economic Growth and Fiscal Policies
article

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

Syamsul Huda, M. Safii
article en

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.

Formosa Journal of Multidisciplinary ResearchVol. 4(5)
University of Pembangunan Nasional Veteran Jawa Timur (ID)
Openalex Percentile: Top 81%
Economic Growth and Fiscal Policies
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An Examination of the Impact of Poverty, Unemployment, and the Human Development Index on Economic Growth in Central Java — Syamsul Huda, M. Safii · Formosa Journal of Multidisciplinary Research (2025) | TGRS Research Map | TGRS