Analysis of The Effect of Provincial Minimum Wage, Population, Economic Growth, and Inflation on the Labor Force Participation Rate in West Nusa Tenggara Province, 2010–2024

article cite 0 Year 2025
source: Zenodo (CERN European Organization for Nuclear Research)
Abstract

This study aims to analyze the effect of Provincial Minimum Wage, Population, Economic Growth, and Inflation on the Labor Force Participation Rate in West Nusa Tenggara Province during the 2010–2024 period. This research applies a quantitative explanatory approach using secondary time series data obtained from the Central Bureau of Statistics of West Nusa Tenggara Province. The analytical method employed is multiple linear regression analysis with the assistance of EViews 12 software to examine both partial and simultaneous effects among variables. The results indicate that partially, the Provincial Minimum Wage has a negative and insignificant effect on the Labor Force Participation Rate. Population has a positive and significant effect, while Economic Growth and Inflation have negative and insignificant effects on the Labor Force Participation Rate in West Nusa Tenggara Province. Simultaneously, the four variables have a significant effect on the Labor Force Participation Rate. These findings suggest that demographic factors have a stronger influence than macroeconomic variables in determining labor force participation in the region.


Concepts :
Economic Growth and Fiscal Policies
Local Governance and Development
Fisheries and Aquaculture Studies
article cite 0 Year 2025 source Zenodo (CERN European Organization for Nuclear Research)
SDGs
Decent work and economic growth
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