Analysis of Economic Development in North Sumatra Province

DOI

10.2991/piceeba2-18.2019.115How to use a DOI?

Keywords

Education Investment, Health Investment, Physical Investment, Economic Development

Abstract

The study aims to analyzed and explained the effect of education investment, health investment, physical domestic investment, physical foreign investment, labor quality and infrastructure spending on economic development in North Sumatra Province. Data used time series from Year 1982 to 2016. The Analysis Model uses Multiple Regression with Ordinary Least Square (OLS) method. The results of the study explained that education investment, health investment, physical domestic investment, physical foreign investment, labor quality and infrastructure spending have a significant and positive impact on the economic development of North Sumatra Province. The results of this study recommend policies that encourage human resource investment by communities and governments and encourage physical investment policies through increased domestic investment and foreign investment.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Arifin Syamsul
AU  - Hasdi Aimon
AU  - Yulhendri Yulhendri
PY  - 2019/04
DA  - 2019/04
TI  - Analysis of Economic Development in North Sumatra Province
BT  - Proceedings of the 2nd Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2018)
PB  - Atlantis Press
SP  - 900
EP  - 906
SN  - 2352-5428
UR  - https://doi.org/10.2991/piceeba2-18.2019.115
DO  - 10.2991/piceeba2-18.2019.115
ID  - Syamsul2019/04
ER  -