FACTORS AFFECTING THE DEMAND OF LABOR IN THE 10 REGENCIES/CITIES OF THE SUMATERA UTARA PROVINCE

Rahmad Cahyadi

Abstract


This study aims to determine the factors that affect the demand for labor in Sumatera Utara Province. This study discusses panel data analysis using data on labor demand, output, number of companies, and economic growth in Sumatera Utara Province from 2013-2019. The regression data panel can be estimated using three models, namely the Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM). To get the best model, two tests were used, namely the Chow test and the Hausman test. In this study, the best model is obtained is the Fixed Effect Model. Estimation of parameters in panel data regression with Fixed Effect Model obtained a mathematical equation, namely LDit = 3940.726 + 1.60.10-10Oit + 67.06560JPit + 146.0139Git + eit. Based on the significance test, the demand for labor is simultaneously influenced by output, the number of firms and economic growth. When viewed by a partial test (t test), the output variable and the number of companies have a positive and significant effect on labor demand. Meanwhile, the economic growth variable has a positive but insignificant effect on labor demand. Estimation of parameters in panel data regression with Fixed Effect Model obtained a mathematical equation, namely LDit = 3940.726 + 1.60.10-10Oit + 67.06560JPit + 146.0139Git + eit. Based on the significance test, the demand for labor is simultaneously influenced by output, the number of firms and economic growth. When viewed by a partial test (t test), the output variable and the number of companies have a positive and significant effect on labor demand. Meanwhile, the economic growth variable has a positive but insignificant effect on labor demand. Estimation of parameters in panel data regression with Fixed Effect Model obtained a mathematical equation, namely LDit = 3940.726 + 1.60.10-10Oit + 67.06560JPit + 146.0139Git + eit. Based on the significance test, the demand for labor is simultaneously influenced by output, the number of firms and economic growth. When viewed by a partial test (t test), the output variable and the number of companies have a positive and significant effect on labor demand. Meanwhile, the economic growth variable has a positive but insignificant effect on labor demand. the output variable and the number of companies have a positive and significant effect on labor demand. Meanwhile, the economic growth variable has a positive but insignificant effect on labor demand. the output variable and the number of companies have a positive and significant effect on labor demand. Meanwhile, the economic growth variable has a positive but insignificant effect on labor demand.


Keywords


output, number of companies, economic growth, labor demand, panel data regression.

Full Text:

PDF

References


Arida Agustina, Zakiah, dan Julaini. Analisis Permintaan dan Penawaran Tenaga Kerja Pada Sektor Pertanian di Provinsi Aceh. Agrisep Vol (16) No. 1, 2015.

Hadya, R., Begawati, N., & Yusra, I. (2018). Analisis Efektivitas Pengendalian Biaya, Perputaran Modal Kerja, dan Rentabilitas Ekonomi Menggunakan Regresi Data Panel. Jurnal Pundi, 1(3), 1648–1653.

Irfan. Kebijakan Moneter dan Pertumbuhan Ekonomi di Indonesia. Jurnal Akuntansi dan Pembangunan Vol (1) No. 1, 2015. STIE Lhokseumawe.

Khabhibi, Achmad. 2013. Analisis Faktor-Faktor yang Mempengaruhi Tingkat Kemiskinan. Skripsi. Universitas Sebelas Maret. Surakarta.

Munandar, A. (2017). Analisis Regresi Data Panel pada Pertumbuhan Ekonomi di Negara-Negara Asia. Jurnal Ilmiah Ekonomi Global Masa Kini, 8(1), 59–67.

Pramusinto, Novia Dani, Daerobi, Akhmad, & Mulyaningsih, Tri. Permintaan dan Penawaran Tenaga Kerja Serta Pengangguran di Indonesia. SAMBIS-2019. Universitas Sebelas Maret

Pratomo, Danang. 2011. Analisis Faktor-Faktor Yang Mempengaruhi Penyerapan Tenaga Kerja di Karesidenan Surakarta Tahun 2000-2008. Skripsi. Universitas Sebelas Maret. Surakarta.

Sembiring, Naomio Octalia. 2015. Analisis Permintaan Tenaga Kerja di Indonesia Tahun 2000-2010. Skripsi. Universitas Diponegoro. Semarang.

Shafiro Khairu Laili. 2018. Analisis Faktor-Faktor Yang Mempengaruhi Penyerapan Tenaga Kerja Sektor Industri Manufaktur (Besar Dan Sedang) Kabupaten Deli Serdang. Skripsi. Universitas Sumatera Utara. Medan.

Sitorus, Yosephine Magdalena dan Yuliana Lia. Penerapan Regresi Data Panel Pada Analisis Pengaruh Infrastruktur Terhadap Produktifitas Ekonomi Provinsi-Provinsi di Luar Pulau Jawa Tahun 2010-2014. Media Statistika 11 (1) 2018: 1-15. STIS.

Suardin, M., Bustan, M. N., & Ahmar, A. S. (2020). Pemodelan Pertumbuhan Ekonomi Provinsi Sulawesi Selatan dengan Menggunakan Regresi Data Panel. VARIANSI: Journal of Statistics and Its Application on Teaching and Research, 2(3), 158.

Wulandari, N., & Rahmadeni. (2017). Analisis Faktor-Faktor yang Mempengaruhi Inflasi pada Kota Metropolitan di Indonesia dengan Menggunakan Analisis Data Panel. Jurnal Sains Matematika Dan Statistika, 3(2), 34–42.




DOI: https://doi.org/10.29103/jmpe.v4i1.4789

Article Metrics

 Abstract Views : 198 times
 PDF Downloaded : 20 times

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Rahmad Cahyadi

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

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

Stat Counter

Flag Counter