What Drives Economic Growth in Indonesia? Evidence from the SDGs Decent Work and Economic Growth Nexus

Aqifa Pebrianti, Nugroho Saputro, Lukman Hakim, Putra Pamungkas

Abstract


This study aims to achieve SDG 8, namely decent work and economic growth. This study examines how unemployment, labor, HDI, and financial inclusion affect Indonesia's economic growth. This study uses secondary data with a Fixed Effects Model as the best model. The results of this study found that financial inclusion as measured by Third Party Funds (DPK) and electronic money encourages economic growth, but unemployment and HDI actually hinder it. The labor force has little effect. This indicates that labor quality, human development, and economic growth are not aligned, and the financial sector is crucial for inclusive economic activity

Keywords


Human Development Index (HDI), Financial Inclusion, Economic Growth, Labor Force, Unemployment.

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DOI: http://dx.doi.org/10.33087/ekonomis.v10i2.2864

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