Effect of Village Fund, Technology, and Democracy on Economic Growth

Abstract

Economic growth is an indicator of the results of a region's development, especially development in the economic sector. This indicator is needed to determine the success of development that has been achieved in order to determine the direction of development in the future. This research aims to analyze the influence of village funds,  technology and democracy on economic growth in Indonesia for the period 2015 to 2022. This research uses a quantitative approach using secondary data. Secondary data was obtained from various sources, including the Central Statistics Agency and Reports from the Ministry of Finance of the Republic of Indonesia. The data used in the data used is panel data, namely data from 33 provinces with the period used from 2015 to 2022 (264 samples). The analysis technique used is panel data regression analysis with the help of the EViews version 9  application. The research results show that technology variables influence economic growth. Meanwhile, the village funds, and democracy have no effect on economic growth.