Economic development is the process of changing the structure of an undeveloped economy through capital investment and human investment aimed at increasing the prosperity of the population or increasing per capita income. The purpose of this study was to determine the effect of local revenue, labor, and investment on the GRDP of Banten Province. In this study using a quantitative approach, the variables used for this study are the independent variables, namely Local Revenue, Labor, and Investment. The dependent variable is Gross Regional Domestic Product. The data analysis tools used are multiple regression, T test, F test and determination. The results of the study indicate that investment is still low due to high economic licensing. Local Revenue, Labor, and Investment have a significant influence seen from the test together, namely determination of 0.66727. This means that the independent variables consisting of Regional Original Income, Labor, and Investment are able to elaborate on the dependent variable, namely Gross Regional Domestic Product, of 66%. Ultimately, this research is targeted to increase the economy of Banten Province by simplifying all processes in licensing activities and increasing PAD.
Widodo et al. (2025) studied this question.
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