The Influence Of Population Growth, Households And Npishs Final Consumption Expenditure, Exports Of Goods And Services, Net Trade In Goods And Services, And Merchandise Exports To Low And Middle-Income Economies Within The Region On Gross Domestic P

Abstract

Understanding the factors that influence a country's Gross Domestic Product (GDP) is essential for policymakers and stakeholders in decision-making and policy development related to economic growth. The aim of this study is to analyze the influence of population growth, households and NPISHs final consumption expenditure, exports of goods and services, net trade in goods and services, and merchandise exports to low- and middle-income economies within the region on GDP. A quantitative approach was adopted in this research, using data from various sources such as government statistics and international organizations. The data was analyzed using panel data regression analysis with the Eviews application. The results of the study are found to be statistically significant and provide valuable insights into the factors that impact GDP. The findings of this study have important implications for policymakers and stakeholders in decision-making and policy development related to economic growth. By understanding the influence of population growth, household consumption, exports, trade, and merchandise exports on GDP, policymakers can develop targeted policies and strategies to promote economic growth and development in the region.