Investment, Labor, Local Own-Source Revenue, Economic Inequality and Economic Growth: Study on Regency/Cities of Bali, Indonesia – AJHSSR

Investment, Labor, Local Own-Source Revenue, Economic Inequality and Economic Growth: Study on Regency/Cities of Bali, Indonesia

Investment, Labor, Local Own-Source Revenue, Economic Inequality and Economic Growth: Study on Regency/Cities of Bali, Indonesia

ABSTRACT: Economic inequality is a phenomenon that a country cannot avoid, but it can be suppressed by increasing investment, labor, and local revenue, all of which are expected to help reduce inequality and achieve
quality economic growth in a region. In reality, uneven distribution has resulted in economic inequality in various regions. The purpose of this study is to examine the impact of investment, labor, andlocal own-source revenue on economic growth in Bali, Indonesia using economic inequality as a mediating variable. The study was carried out in 9 districts / cities in Bali Province and Bali Province as a comparison between 2011 and 2018.This study had 80 observations by combining time series data for eight years and cross section data from as many as 9 districts / cities and the Province of Bali. Non-participant observation was used to collect data, which was then processed using path analysis techniques. This study’s findings show that investment and labor have no effect on economic inequality. Original local income has the potential to reduce economic inequity. The findings also show that investment, labor, and local revenue can all help to boost economic growth. Meanwhile, economic inequality is incapable of mediating the impact of investment, labor, and local revenue on economic growth.
KEYWORDS : Investment, Labor, Own-Source Revenue, Economic Inequality, and Economic Growth