Factor Analysis Affecting the Level of Poverty in the District of Batu Bara

Fakrurrozi^1, , Indra Maipita² and Muhammad Yusuf²

¹Master Program, State University of Medan, Indonesia

²Faculty of Economics, State University of Medan, Indonesia

Cite this paper:
Fakrurrozi, Indra Maipita and Muhammad Yusuf. Factor Analysis Affecting the Level of Poverty in the District of Batu Bara. Journal of Finance and Economics. 2017; 5(4):179-184. doi: 10.12691/jfe-5-4-4

Abstract

The purpose of this study was to determine the effect of economic growth, the unemployment rate, and length of education simultaneously and partially on the number of poor people. This study uses secondary data from the years 2007-2016 using eviews program 7. The analysis technique used is multiple linear regression. Based on the analysis found that economic growth, unemployment, and the length of education simultaneously significant effect on the number of poor people. Economic growth is partially a significant negative effect on the number of poor people, the average length of education is partially a significant negative effect on the number of poor people, while the unemployment rate is partially positive and significant impact on the number of poor people.

Keywords:
poverty economic growth unemployment average education

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