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Abstract
This research was conducted with the objectives is to determine the effect of labor, private investment, government investment on production in the industrial sector. Data collection was carried out at the Regional Financial Management Agency Office. The data used in this study is secondary data, namely data on the number of workers, private investment, and government investment. As well as data on the amount of production in the industrial sector within ten years is analyzed and processed by the multiple linear regression method, using the SPSS version 22 program. The results of this study indicate that: (1) labor has a positive and significant influence on production in the industrial sector; (2) private investment has a positive and significant impact on production in the industrial sector; (3) government investment has a positive and significant impact on production in the industrial sector. This shows that production activities in the industrial sector in Sidenreng Rappang Regency rely on labor, private investment, and government investment to continue to increase production capacity. Government investment is a variable that is rarely examined, especially related to production. The government is one of the parties that play an essential role in supporting economic activities in the region.
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References
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References
Afidchao, M. M., Musters, C. J. M., Wossink, A., Balderama, O. F., & De Snoo, G. R. (2014). Analysing the farm level economic impact of GM corn in the Philippines. NJAS - Wageningen Journal of Life Sciences, 70, 113–121. https://doi.org/10.1016/j.njas.2014.05.008
Borowczyk-Martins, D., Bradley, J., & Tarasonis, L. (2017). Racial discrimination in the U.S. labor market: Employment and wage differentials by skill. Labour Economics, 49(August), 106–127. https://doi.org/10.1016/j.labeco.2017.09.007
Chirumalla, K. (2021). Building digitally-enabled process innovation in the process Industries: A dynamic capabilities approach. Technovation, xxxx, 102256. https://doi.org/10.1016/j.technovation.2021.102256
Deng, Y., You, D., & Wang, J. (2019). Optimal strategy for enterprises’ green technology innovation from the perspective of political competition. Journal of Cleaner Production, 235, 930–942. https://doi.org/10.1016/j.jclepro.2019.06.248
Frederiksen, T. (2018). Political settlements, the mining industry and corporate social responsibility in developing countries. The Extractive Industries and Society. https://doi.org/https://doi.org/10.1016/j.exis.2018.07.007
Gunasinghe, C., Selvanathan, E. A., Naranpanawa, A., & Forster, J. (2020). The impact of fiscal shocks on real GDP and income inequality: What do Australian data say? Journal of Policy Modeling, 42(2), 250–270. https://doi.org/10.1016/j.jpolmod.2019.06.007
Joe, J. R., Louis, H., & Robinson, D. (2009). Managers and investors responses to media exposure of board ineffectiveness. Journal of Financial and Quantitative Analysis. https://doi.org/10.1017/S0022109009990044
Kang, Y., Scott-Kennel, J., Battisti, M., & Deakins, D. (2021). Linking inward/outward FDI and exploitation/exploration strategies: Development of a framework for SMEs. International Business Review, 30(3), 101790. https://doi.org/10.1016/j.ibusrev.2020.101790
Le, H. P. (2020). The energy-growth nexus revisited: the role of financial development, institutions, government expenditure and trade openness. Heliyon, 6(7), e04369. https://doi.org/10.1016/j.heliyon.2020.e04369
Lee, I. H., & Marvel, M. R. (2009). The moderating effects of home region orientation on R&D investment and international SME performance: Lessons from Korea. European Management Journal, 27(5), 316–326. https://doi.org/10.1016/j.emj.2009.04.011
Lopes de Sousa Jabbour, A. B., Ndubisi, N. O., & Roman Pais Seles, B. M. (2020). Sustainable development in Asian manufacturing SMEs: Progress and directions. International Journal of Production Economics, 225(July 2019), 107567. https://doi.org/10.1016/j.ijpe.2019.107567
López-Cabarcos, M. Á., Ribeiro-Soriano, D., & Piñeiro-Chousa, J. (2020). All that glitters is not gold. The rise of gaming in the COVID-19 pandemic. Journal of Innovation and Knowledge. https://doi.org/10.1016/j.jik.2020.10.004
Mundra, N., & Mishra, R. P. (2021). Business Sustainability in Post COVID-19 Era by Integrated LSS-AM Model in Manufacturing: A Structural Equation Modeling. Procedia CIRP, 98(2019), 535–540. https://doi.org/10.1016/j.procir.2021.01.147
Nguyen, H. H. (2020). Impact of Foreign Direct Investment and International Trade on Economic Growth: Empirical Study in Vietnam. The Journal of Asian Finance, Economics and Business, 7(3), 323–331. https://doi.org/10.13106/jafeb.2020.vol7.no3.323
Roşoiu, I. (2015). The Impact of the Government Revenues and Expenditures on the Economic Growth. Procedia Economics and Finance, 32(15), 526–533. https://doi.org/10.1016/S2212-5671(15)01428-8
Sarsour, W. M., & Sabri, S. R. M. (2020). Evaluating the Investment in the Malaysian Construction Sector in the Long-run Using the Modified Internal Rate of Return: A Markov Chain Approach. The Journal of Asian Finance, Economics and Business, 7(8), 281–287. http://dx.doi.org/10.13106/jafeb.2020.vol7.no8.281
Stekelorum, R., Laguir, I., & Elbaz, J. (2020). Cooperation with international NGOs and supplier assessment: Investigating the multiple mediating role of CSR activities in SMEs. Industrial Marketing Management, 84(August 2018), 50–62. https://doi.org/10.1016/j.indmarman.2019.04.001
Sukirno, S. (2003). Pengantar Teori Mikroekonomi. In Computer. https://doi.org/10.1038/cddis.2011.1
Todericiu, R., & Stăniţ, A. (2015). Intellectual Capital – The Key for Sustainable Competitive Advantage for the SME’s Sector. Procedia Economics and Finance, 27(15), 676–681. https://doi.org/10.1016/S2212-5671(15)01048-5
Tohmo, T. (2018). The economic impact of tourism in Central Finland: a regional input–output study. Tourism Review, 73(4), 521–547. https://doi.org/10.1108/TR-04-2017-0080
Wu, J. Y., & Hsu, C. C. (2012). Foreign direct investment and income inequality: Does the relationship vary with absorptive capacity? Economic Modelling, 29(6), 2183–2189. https://doi.org/10.1016/j.econmod.2012.06.013
Wu, Y., Gu, F., Ji, Y., Guo, J., & Fan, Y. (2020). Technological capability, eco-innovation performance, and cooperative R&D strategy in new energy vehicle industry: Evidence from listed companies in China. Journal of Cleaner Production, 261. https://doi.org/10.1016/j.jclepro.2020.121157
Yamamoto, Y., Matsumoto, K., Kawata, K., & Kaneko, S. (2019). Gender-based differences in employment opportunities and wage distribution in Nepal. Journal of Asian Economics, 64, 101131. https://doi.org/10.1016/j.asieco.2019.07.004
Yu, W., Chavez, R., Feng, M., Wong, C. Y., & Fynes, B. (2020). Green human resource management and environmental cooperation: An ability-motivation-opportunity and contingency perspective. International Journal of Production Economics, 219(June 2019), 224–235. https://doi.org/10.1016/j.ijpe.2019.06.013