ANALYSIS OF THE IMPACT OF UMR, HOUSEHOLD CONSUMPTION, LOCAL REVENUE ON ECONOMIC GROWTH IN BALI PROVINCE

ABSTRACT: The objective of this study is to analyzethe impact that affects the economic growth of BaliProvince with the data used, namely secondary data as many as 45 observations. Economic problems occurreddue to the Covid-19 pandemic which caused a drastic decline in economic growth, affecting the entire regionalto global economy. The method used in this research is panel data regression analysis and dominant variables.The study reveals that the minimum wage, household consumption, and local revenue collectively have asignificant impact on the economic growth of Bali Province. Individually, the minimum wage has a negativeand significant effect, while household consumption and local revenue have positive and significant effects oneconomic growth. Among these variables, local revenue emerges as the most influential factor.

KEYWORDS : Regional minimum wage, household consumption, local revenue, economic growth.