The Factors Influencing Economic Growth of South Sulawesi Province, Indonesia
Downloads
This study aims to analyze the factors that influence economic growth in South Sulawesi Province. Economic growth is one of the main indicators of successful regional development, which is influenced by various macroeconomic factors. The independent variables used in this study include investment, labor, government spending, inter-regional exports, and inequality, while the dependent variable is economic growth measured based on Gross Regional Domestic Product (GRDP) at constant prices. The data used is secondary data obtained from publications by the South Sulawesi Provincial Statistics Agency (BPS) from 1997 to 2024. The analysis method used is multiple linear regression to determine the effect of each variable on economic growth. The results show that investment, labor absorption, and inter-regional exports have a positive and significant effect on economic growth, while government spending has a positive but insignificant effect. This indicates that increasing investment, labor absorption, and exports play an important role in driving economic growth in South Sulawesi Province. Meanwhile, inequality has a negative and significant effect on economic growth. Therefore, equitable development is an important aspect to support inclusive economic growth in South Sulawesi Province. This study is expected to contribute to the formulation of regional economic policies oriented towards sustainable development in South Sulawesi Province.
Downloads
1. Akhmad, N.A. Achsani, M. Tambunan, S.A. Mulyo. 2012. Impact of Fiscal Policy on the Agricultural Development in an Emerging Economy: Case Study from the South Sulawesi, Indonesia. International Research Journal of Finance and Economics. 96:101-112.
2. Akhmad, N.A. Achsani, M.Tambunan and S.A Mulyo, 2013. The Impact of Fiscal Policy on the Regional Economy: Evidence from South Sulawesi, Indonesia. Journal of Applied Sciences Research, 9(4): 2463-2474.
3. Akhmad & Amir. 2020. Menanggulangi Kemiskinan Di Daerah: Upaya Penanggulangan Kemiskinan Pemerintah Kabupaten Dan Kota Di Sulawesi Selatan. Azkiya Publishing.
4. Badan Pusat Statistik. 2025. Pertumbuhan Ekonomi Indonesia Triwulan IV 2024. Jakarta: BPS
5. Badan Pusat Statistik. 2024. Provinsi Sulawesi Selatan. Ekonomi Sulawesi Selatan Tahun 2023
6. Badan Pusat Statistik Statistik Provinsi Sulawesi Selatan. Ekonomi Sulawesi Selatan Triwulan IV 2024. sulsel.bps.go.id
7. Bank Indonesia. (2025). Laporan Perekonomian Indonesia. Jakarta: BI Press.
8. Bank Indonesia, 2025. Laporan Perekonomian Provinsi Sulawesi Selatan Mei 2025. Kantor Perwakilan BI Provinsi Sulawesi Selatan
9. Bappelitbangda Provinsi Sulawesi Selatan. (2024). Rencana Pembangunan Jangka Panjang Daerah (RPJPD) Provinsi Sulawesi Selatan Tahun 2025-2045. bappelitbangda.sulselprov. go.id
10. Cohen, S. I. 2009. Economic Systems Analysis and Policies: Explaining Global Differences,Transitions and Developments. Palgrave Macmillan, New York.
11. Cristea L.A., Alina Daniela Vodă, D.M Ungureanu. 2021. Economic Growth and Development, Promoters Of National Well-Being. Revista Economica 73: Special Issue – Iecs 2021.
12. Dewi L.R., Asnawi, T.Abbas, Ratna & M. Roni. 2022. Analisis Pengaruh Modal Asing Dan Ekspor Terhadap Pertumbuhan Ekonomi Antar Provinsi Di Indonesia. Jurnal Aplikasi Ilmu Ekonomi. Volume 1, No. 2, Pp. 13-24.
13. Donalson, L.1984. Economic Development Analysis and Policy. West Publishing Company, New York.
14. Dornbursh, R., S. Fisher, and R.Startz. 2008. Macroeconomics. Ten Edition. Mc Graw-Hill Book Company, Tokyo.
15. Feng X. J. Wu, & H. Yu. 2016. An Inquiry into the Influencing Factors of GDP Growth in Our Country since the Reform and Opening up—An Empirical Study Based on OLS. Model. Academic Journal of Business & Management. Vol. 5, Issue 11: 128-136, DOI: 10.25236/AJBM.2023.051120
16. Gahari R.R.M & M.I Hasmarin. 2024. Do foreign investment, human development index, labor, and poverty influence economic growth in Indonesia?. Journal of Economics Research and Policy Studies, 4(2), 2024,134-145
17. Gelgo B. & T. Hirko. 2023. IncomeInequalityandEconomicGrowthNexusinEthiopia: A CriticalReview. Journal of Economics and Sustainable Development. Vol.14, No.1,Vol.14, No.1, Pp. 15-20.
18. Gould E D., & A. Hijzen. 2017. Inequality in the United States and Europe erodes trust among people—and can stifle economic growth. Finance & Development, Vol. 54, No. 1.Pp. 37-39.
19. Gujarati, D. N. (2011). Econometrics by Example. Palgrave Macmillan.
20. Gujarati, D. N., & Porter, D. C. (2009). Basic Econometrics (5th ed.). McGraw-Hill.
21. Ikridah N & B. Ramli. 2024. Labor Absorption in the Regencies and Cities of South Sulawesi Province. Bulletin of Economic Studies (BEST) Volume 4, Nomor 2, (2024). pp. 139-151
22. Irmayanti & A.R.Bato. 2017. Pengaruh Tenaga Kerja Dan Pengeluaran Pemerintah Terhadap Pertumbuhan. Economics, Social, And Development Studies. Vol 4 No. 1. Pp,55-66
23. Jhingan, M. L. (2012). Ekonomi Pembangunan dan Perencanaan. Jakarta: RajaGrafindo Persada.
24. Mankiw, N.G. 2003. Macroeconomics. Fourth Edition. Worth Publishers, New York.
25. McConnell, C. and S.L. Brue. 2002. Economics: Principles, Problem, and Policies. McGrow-Hill, Boston.
26. Nainggolan H.F., A.S. Muhajir, G. Abdullah3, J.Namara, I.R.Pusaka. 2023. Pengaruh Ekspor Impor Terhadap Pdrb Provinsi Jawa Barat 2017-2021. Jurnal Econominavolume 2, Nomor 2. Pp. 406-412.
27. Ningrat A.P.H.m, A. Arfah & M. Arif. (2025). Pengaruh Investasi, Tenaga Kerja Dan Pengeluaran Pemerintah Terhadap Pertumbuhan Ekonomi di ProvinsiSulawesi Selatan. Seiko : Journal of Management & Business. Volume 8 Issue 1 (2025) Pages 76 – 92
28. Pettingger T. 2019. Benefits of economic growth. The UK and global economy.
29. Prasasti D (2022). Pengaruh Investasi, Tenaga Kerja Dan Pengeluaran Pemerintah Terhadap Pertumbuhan Ekonomi Di Kabupaten & Kota Sulawesi Selatan. Jurnal Ilmu Ekonomi (JIE)Vol. 6, No. 3, Agustus2022, Pp. 478~490.
30. Qasim S.S. 2025. Analysis Of Factors Influencing Economic Growth In West Java During The 2018-2023 Period Journal of Development Economic and Social Studies. Vol 4 No.3. P.45-55.
31. Regina T. 2022. Analisis Faktor-Faktor Yang Mempengaruhi Pertumbuhan Ekonomi Di Indonesia. Jurnal Manajemen, Organisasi Dan Bisnis. Volume 11 Nomor 01. Hal. 36-45.
32. Richardson, H.W . 2001. Dasar-Dasar Ilmu Ekonomi Regional. Lembaga Penerbit Fakultas Ekonomi. Universitas Indonesia, Jakarta
33. Romer, P. M. (1986). “Increasing Returns and Long-Run Growth.” Journal of Political Economy, 94(5), 1002–1037.
34. Romer, D. 2012. Advanced Macroeconomics, Second Edition, McGraw-Hill Book Company Co, Singapore.
35. Samuelson P.A and W.D. Nordhaus. 2005. Economics. Eighteenth Edition. McGrow-Hill, New York.
36. Siregar, H. 2009. Makro-Mikro-Pembangunan: Kumpulan Makalah dan Esai. IPB Press, Bogor.
37. Snowdon, B. dan R. V. Howard. 2005. Modern Macroeconomics: Its Origins, Development and Current State. Edward Elgar, New York
38. Solow, R. M. (1956). A Contribution to the Theory of Economic Growth.” Quarterly Journal of Economics, 70(1), 65–94.
39. Sukirno, S. (2016). Makroekonomi Teori Pengantar. Jakarta: RajaGrafindo Persada
40. Tarigan, R. 2004. Ekonomi Regional: Teori dan Aplikasi. PT. Bumi Aksara, Jakarta.
41. Todaro, M. P., & Smith, S. C. (2020). Economic Development. 13th Edition. Pearson Education.
42. Wahyuni (2023). Pengeluaran Pemerintah Provinsi Dan Pengaruhnyaterhadap Pertumbuhan Ekonomi Dan Ketimpangan Pendapatan Di Indonesia. Sebatik Vol. 27No. 2. Pp. 708-715.
43. World Bank. (2024). World Development Report 2024: Rebuilding Growth in an Age of Uncertainty. Washington, DC: The World Bank.
44. Zambrahtul Aini. (2023). Analisis Faktor-Faktor yang Mempengaruhi Permintaan Tenaga Kerja di Sulawesi Selatan. Riwayat: Educational Journal of History and Humanities.
45. Zhang Y. 2024. Trends and Dynamics of Economic Growth: Empirical Analysis of India and Singapore. Proceedings of ICFTBA 2024 Workshop: Finance in the Age of Environmental Risks and Sustainability DOI: 10.54254/2754-1169/127/2024.OX18532.
Copyright (c) 2025 Akhmad, Zainal Abidin, Manda H.M, Amir

This work is licensed under a Creative Commons Attribution 4.0 International License.