THE EFFECT OF DOMESTIC INVESTMENT, GOVERNMENT SPENDING, AND OPEN UNEMPLOYMENT RATE ON THE GROSS REGIONAL DOMESTIC PRODUCT OF EAST JAVA 2020-2024

Abstract

Economic growth is one indicator that reflects the level of success of a country's economic development. The indicator used to assess the level of economic growth in a region is Gross Regional Domestic Product (GRDP). This study aims to determine the effect of Domestic Investment, Government Spending, and Open Unemployment Rate on Regional Domestic Product in East Java Province, both simultaneously and partially. The data used is secondary data according to Regencies/Cities in East Java Province for the years 2020-2024. The method used in this study is the panel data regression method. The results of this study indicate that simultaneously and partially, Domestic Investment, Government Spending, and Open Unemployment Rate affect the GRDP of East Java.