scholarly journals Determinants of Economic Growth in Central Java

Author(s):  
Dimas Ruhen ◽  
Diah Setyorini Gunawan

Central Java Province is one of the province in Java Island which has potential natural resources and human resources , but current Central Java economic growth is still far from other provinces on Java island. With the abudance of resources in Central Java the province and still low Growth Economics, this study analyze the effects of foreign investment, labor, and human capital investment, to the economic growth in ten regencies / city of Central Java Province. The analysis method in this study is using the panel data method with some criteria in the panel data, then the best model is the fixed effect or Least Square Dummy Variable (LSDV). The result of the research are: (1) Foreign investment has positive and insignificant effect, (2) the workforce has positive and significant influence, (3) human capital investment has positive and significant influence, (4) Semarang regency becomes the most economic growth area High compared with ten other districts / cities. The implications of this research are first, in increase the economic growth of ten regencies / cities in Central Java Province, the local government should create a conducive investment climate and simplify the investment licensing process so it will increase domestic and foreign investment and encourage economic growth. Second, the government's labor skill training can be an alternative for unskilled workers. Third, local governments can provide budget allocations for education and health so that the capital which portrayed by workers quality can deliver positive results.Keywords: Economic Growth, Foreign Direct Investment (FDI), Labora, and Human Capital Investment.

2015 ◽  
Vol 60 (04) ◽  
pp. 1550061 ◽  
Author(s):  
SAMIA NASREEN ◽  
SOFIA ANWAR ◽  
MASOOD QADIR WAQAR

In this study, both cross-country and panel techniques have been used to analyze the long-term impact of institutions on investment and economic growth in the context of neoclassical model. The empirical results indicate that both physical and human capital investment have positive impact on economic growth. Economic freedom has a direct impact on economic growth by enhancing factor productivity and indirect by increasing investment. Political and civil liberties also exert positive impact on investment. Further, an important relationship exists between institutional freedom and human capital investment in both cross-country and panel data analysis.


2021 ◽  
Vol 1 (1) ◽  
pp. 132-135
Author(s):  
Nur Sholeh Hidayat ◽  
◽  
Eddy Priyanto

This research studies the role of human capital investment through the mechanism of improving education and health services in efforts to alleviate poverty and increase economic independence with dignity in the form of improving the performance of Indonesia's human resources which is reflected in Indonesia's economic growth. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that investment in education and investment in health is positively related to economic growth. And, poverty is negatively related to economic growth. This indicates that human capital investment in Indonesia is able to promote economic growth and alleviate poverty in Indonesia.


2000 ◽  
Vol 62 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Sebnem Kalemli-Ozcan ◽  
Harl E. Ryder ◽  
David N. Weil

2020 ◽  
Vol 4 (2) ◽  
pp. 404
Author(s):  
Tulus Tulus ◽  
Abdul Aziz Ahmad ◽  
Suharno Suharno

The number of industries in Central Java Province has experienced a significant increase, however, economic growth in the of the manufacturing sector is experiencing a slowdown. This study aims to analyze the effect of processing industry credit, working capital credit, investment credit, regional minimum wages and investment on the economic growth of the manufacturing sector in Central Java Province in 2011-2018. The data analysis technique used multiple linear regression with panel data with eviews sofware . The results showed that working capital credit has a positive and significant effect on economic growth in the of the manufacturing sector in Central Java Province in 2011-2018. The regional minimum wage has a negative and significant effect on the economic growth of the of the manufacturing sector in Central Java Province in 2011-2018. Processing industry credit, investment and investment credit not a significant on economic growth of the of the manufacturing sector in Central Java Province in 2011-2018. This research implies the need to increase working capital credit distribution and  the need to necessary to determine the ideal UMR.  


2016 ◽  
Vol 34 (S2) ◽  
pp. S99-S127 ◽  
Author(s):  
Kevin M. Murphy ◽  
Robert H. Topel

2017 ◽  
Vol 18 (2) ◽  
pp. 182-211 ◽  
Author(s):  
Alberto Bucci ◽  
Xavier Raurich

Abstract Using a growth model with physical capital accumulation, human capital investment and horizontal R&D activity, this paper proposes an alternative channel through which an increase in the population growth rate may yield a non-uniform (i.e., a positive, negative, or neutral) impact on the long-run growth rate of per-capita GDP, as available empirical evidence seems mostly to suggest. The proposed mechanism relies on the nature of the process of economic growth (whether it is fully or semi-endogenous), and the peculiar engine(s) driving economic growth (human capital investment, R&D activity, or both). The model also explains why in the long term the association between population growth and productivity growth may ultimately be negative when R&D is an engine of economic growth.


Author(s):  
Rizqia Mutiara Sani ◽  
Herman Sambodo ◽  
Bambang Bambang

The economic growth of Banjarnegara, Purbalingga, Banyumas, Cilacap and Kebumen regencies or known as Barlingmascakeb region is on average lower than the economic growth of Central Java Province. This study aims to analyze the influence of human capital that proxy from level of education and life expectacy, labor, and capital on economic growth in the Barlingmascakeb region. The data used is secondary data, time series starting from 2008-2015. This study uses multiple linear regression. Based on the results of the study it is known that the variable human capital, which is seen from the level of education and life expectancy, labor, capital has a positive influence on economic growth in the Barlingmascakeb region.Keywords: Level of Education, Life Expectancy, Labor, Capital, Economic Growth.


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