Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)

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The Effect of Macroeconomic Factors and Interest Rates on Economic Growth in South Sulawesi Province: An Empirical Study (1995–2022)

Authors
Sri Undai Nurbayani1, *, Rusda Rusda1
1Hasanuddin University, Makassar, Indonesia
*Corresponding author. Email: sriundai@unhas.ac.id
Corresponding Author
Sri Undai Nurbayani
Available Online 30 July 2025.
DOI
10.2991/978-94-6463-758-8_226How to use a DOI?
Abstract

As the gateway to the economy in Eastern Indonesia and the island of Sulawesi in particular, South Sulawesi plays an important role in the economy of the surrounding region. This study aimed to test and analyze macroeconomic variables in the form of investment, exports, labor, and interest rates on economic growth in South Sulawesi. This research was tested and analyzed using a quantitative approach. The data used were secondary data. The method used was Ordinary Least Squares. From the relationship of the variables studied, the results obtained identify that investment has a positive and significant effect on economic growth in South Sulawesi. Exports also showed a positive and significant effect on the growth rate. However, labor and interest rates did not have a significant effect. These findings provide important insights for policymakers in formulating more effective and sustainable economic development strategies. It is also useful for all stakeholders, especially economic actors in related sectors. Thus, the results of this study are expected to be a reference in planning and implementing economic policies in South Sulawesi Province.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 July 2025
ISBN
978-94-6463-758-8
ISSN
2352-5428
DOI
10.2991/978-94-6463-758-8_226How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Sri Undai Nurbayani
AU  - Rusda Rusda
PY  - 2025
DA  - 2025/07/30
TI  - The Effect of Macroeconomic Factors and Interest Rates on Economic Growth in South Sulawesi Province: An Empirical Study (1995–2022)
BT  - Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
PB  - Atlantis Press
SP  - 2804
EP  - 2814
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-758-8_226
DO  - 10.2991/978-94-6463-758-8_226
ID  - Nurbayani2025
ER  -