CAUSAL RELATIONSHIP AMONG ECONOMIC GROWTH, UNEMPLOYMENT AND INFLATION IN SULAWESI ISLAND

Abstract

This research aims to test and analyze the causal relationship among economic growth, unemployment and inflation in Sulawesi Island. This study uses quantitative data with panel data types consisting of 6 provinces in Sulawesi Island during the period 2009-2023. The data analysis method used is the Granger causality panel test. The results of this study indicate that the variables of economic growth and unemployment have a two-way causal relationship, while the variables of unemployment and inflation have a one-way relationship from inflation to economic growth and there is no causal relationship between the unemployment and inflation variables.