Government spending and labor drive economic growth and reduce poverty in Bali.
The study looked at how investment, government spending, and labor affect economic growth and poverty levels in Bali Province. They used data from 63 observation points over 2013-2019 in 9 districts/cities. The results showed that government spending and labor have a positive impact on economic growth, while investment does not. Additionally, labor and economic growth have a significant effect on reducing poverty levels. However, investment does not indirectly affect poverty rates through economic growth.