PENGARUH INVESTASI DAN PENGEMBANGAN SEKTOR-SEKTOR EKONOMI SERTA UMKM TERHADAP KESEMPATAN KERJA DI SUMATERA BARAT

Abstract

The problems studied are government and private investment as well as the developmentof economic sectors and MSMEs (Micro, Small and Medium Enterprises) and their effecton job opportunities in West Sumatra. The basic social problems faced in Indonesia arehigh levels of unemployment and poverty in the midst of government policies that have notmet expectations. This study aims to analyze the effectiveness and ability to realize thetargets of government policies in government and private investment, development ofeconomic sectors, and MSMEs in order to increase job opportunities in West SumatraProvince. The factors studied are government investment, private investment, GRDP of theprimary, secondary, tertiary, and MSME sectors.This study uses an explanatory method with a hypothesis testing study approach whichexplains the causal relationship in employment opportunities in West Sumatra throughhypothesis testing. The data is compiled in time-series for the years 2000-2014 in a semiannualperiod. The research model is formulated as a linear function based on Nerlove'sPartial Adjustment Model approach and analyzed recursively using linear regressionusing the Ordinary Least Square (OLS) method.The research findings are: Government policies in public and private investment as wellas the development of economic sectors and MSMEs are jointly effective in encouragingincreased employment opportunities in West Sumatra. Individually, EmploymentOpportunities are more determined by government policies in government investment andthe development of the primary and tertiary sectors. However, the government's ability torealize the target of job opportunities is still relatively low.