THE EFFECT OF EMPLOYEE EXPENDITURE, CAPITAL EXPENDITURE, GOODS AND SERVICES EXPENDITURE ON GROSS DOMESTIC PRODUCT IN INDONESIA

Abstract

This study examined the effect of personnel expenditures, capital expenditures, and goods and services expenditures on economic growth in indonesia. This study used secondary quantitative data from the Indonesia Central Bureau of Statistics using a time series data approach from 2006 to 2021. This study used a multiple linear regression analilysis method. The results partially showed that personnel Expenditures, Goods, and Services Expenditures positively and significantly affected economic growth in indonesia. Meanwhile, Capital Expenditures did not influence and insignificant on economic growth in Indonesia. The results simultaneously showed that employee expenditures, capital expenditures, and goods and services expenditures affected economic growth ini Indonesia.