Econometric Analysis of Factors Affecting Economic Growth

This article examines the key factors influencing economic growth through the application of econometric analysis. In the context of globalization and increasing economic interdependence, ensuring sustainable economic growth has become a central objective of national development strategies. As a result, the research was conducted to identify and determine how major macroeconomic variables, namely investment volumne, labor, human capital, government expenditure, foreign trade figures and inflation influence trade growth (GDP). This quantitative research utilizes correlation analysis, multiple regression modeling, and statistical significance testing to measure the strength and direction of relationships between the variables. With the help of the econometric model, the results show how far each respective factor contributes negatively or positively to economic growth. These findings offer salient implications for economic policy-making, especially, on how to formulate prudent measures to foster economic resilience and facilitate the investment environment for sustainable growth. Additionally, the study adds to the body of literature by providing empirical data to support evidence-based decision-making in economic planning and public administration.