scholarly journals Human Capital Analysis Affects Economic Growth

Author(s):  
Veronika Nugraheni Sri Lestari ◽  
Dwi Cahyono ◽  
Nikolai Rezky Miftahurrachman

This study focuses on finding out whether human capital, which is an indicator of the quality of human resources, has a significant effect on economic growth. This study uses several indicators, including life expectancy, literacy, consumption, and the average length of schooling. One of the inhibiting factors for economic growth is poverty, so that the Government has implemented various programs aimed at alleviating poverty. This is quantitative research. The data used is secondary data obtained from the Central Statistics Agency (BPS) of East Java Province. The data obtained includes life expectancy, per capita consumption, average length of schooling, literacy rates, poverty, and economic growth in East Java during the 2010-2015 period. The results showed that Life Expectancy, Per capita Consumption, Average Length of Schooling, and Poverty had no significant effect on economic growth in East Java Province. However, literacy rate had a significant effect on economic growth in East Java during the 2010-2015 period.

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.


Author(s):  
Suryani Magdalena ◽  
Rony Suhatman

This research aims to the effect of government expenditures, domestic invesment, and foreign invesment to the economic growth of primary sector in central Kalimantan. This research is quantitative research with used analyzed of mutiple linier regression. Collection the variable data by library methods based on secondary data with times series on 1990-2019. Research results show that the Government Expenditures, Domestic Invesment, and Foreign Invesment for simultante has significant effect and positive to the Economic Growth of Primary Sector. For while partial that the Government Expenditures has significant effect and positive to the Economic Growth of Primary Sector meanwhile Domestic Invesment and Foreign Invesment has not significant effect.


Economies ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 99
Author(s):  
Elwasila Saeed Elamin Mohamed

This study investigates the relationship between natural resource rents, human development and economic growth in Sudan using co-integration and vector error correction modelling (VECM) over the period 1970–2015. Institutions proved to play a role in determining a difference in whether a country is cured or blessed by resource abundance. In the case of Sudan, no time series data is available on institutional quality and is therefore excluded from the analysis. The role of institutions and macroeconomic policies is captured by other variables included in the empirical model. Co-integration tests confirm the existence of a long run equilibrium relationship between resource rents, human development and economic growth in Sudan. Empirical evidence from the estimated VECM shows that economic growth is positively affected by resource rents and development expenditure but surprisingly negatively affected by life expectancy at birth in the short run. In the long run, resource rents, school enrolment, life expectancy and financial development have negative significant effects on economic growth. Only development expenditure is found to affect economic growth positively. Resource rents are found to weaken education and health levels and this is indirectly channeled into negative effects of resource rents on economic growth. These results suggest that the government has been neglecting investments to build up human capital necessary for inclusive growth. Long run Granger causality tests show a unidirectional causal relationship running from resource rents to GDP growth as well as from development expenditure to GDP growth. School enrollment, life expectancy and financial development are found to be negatively Granger causing GDP growth. Long run causal relationships reconfirm that a resource curse exists indirectly mediated by weak human capital. The study recommends that the government should manage natural resource rents with a policy framework supporting creation of a virtuous economic circle between human development and economic growth. If pursued, this would promote sustained, inclusive and equitable growth in Sudan.


The effectiveness of a particular type of business is determined by the terms of planning and management. The study is devoted to the urgent problem of finding the optimal method for dividing a product into consumed and accumulated parts. Various macro models of economic growth are considered. An optimality criterion is proposed in the form of utility per capita consumption. Growth rates of producers and economic characteristics are considered integrable functions arbitrarily time-dependent. At the same time, per capita consumption is optimized either in terms of utility or in its pure form. Income can be used either as consumer income to meet the needs of the population, or capital-forming to create new production capacities and compensate for old production capacities that are out of order. The results can be used to assess the economic growth rate of the national economy.


2015 ◽  
Vol 19 (3) ◽  
pp. 282-302
Author(s):  
Daniel T. Spencer

Neoliberal economic globalization is motivated by the quest for ever-increasing profits and endless economic growth. Both the motive and means of economic globalization prove to be irrational in the context of the ecological limits of the planet. Rising rates of social and economic inequality coupled with growing ecological breakdown and climate change demonstrate that this economic model is neither socially just nor environmentally sustainable. Ethical analysis of different models of globalization provides alternatives rooted in moral norms of justice, equity, democratic participation and environmental sustainability. Studies of human happiness demonstrate that once basic needs are met, there is little to no correlation between increasing levels of per capita consumption and human wellbeing and happiness (Diener et al., 2009; Helliwell, Layard & Sachs, 2012). Hence affluent nations can and must decrease rates of per capita consumption, which can be accomplished while enhancing happiness and wellbeing. While economic growth for poor nations remains a priority to meet basic needs, affluent nations such as the United States need to shift away from neoliberal economics based on endless growth to more localized and sustainable ways of living.


2021 ◽  
Vol 3 (1) ◽  
pp. 86-100
Author(s):  
Deboshmita Brahma

Background: The relationship between population and economic growth has always been a subject of debate. There has never been any clear consensus amongst economists about the nature and extent of influence that population has on the economic growth of a country. Objective: This paper aims to explore the influence exerted by the age structure of the population on the economic growth of a country. Method: The paper uses secondary data to find the relation between Gross Domestic Product (GDP) per capita levels of countries and their respective Age Dependency Ratio.Result: There is a significant negative relationship between them, which implies that, if a country has a rise in a high proportion of the dependent population, per capita income will tend to be lower. Conclusion: The paper then makes a special study of the prospect of demographic dividend in India. The country is in the third phase of demographic transition, implying that the proportion of the working-age population is greater than the dependent population. This provides an ideal condition for the Government to reap the benefits of demographic dividend and achieve higher levels of economic growth.


2017 ◽  
Vol 16 (2) ◽  
Author(s):  
Alit Pamrihnan ◽  
Malik Cahyadin

<p>This study aims to determine the level of inequality and base economic of Wonogiri Districts in 2010-2014. This study uses secondary data involve Gross Regional Domestic Product (GRDP) at Constant Price of 2000, GRDP per capita, Population and Economic Growth. The analytical method uses analysis of Williamson Index, Theil Entropy Index, Static Location Quotient (SLQ) and Dynamic Location Quotient (DLQ).</p><p>Research results show that the Williamson Index of Wonogiri District tends to decrease, the higest level of income inequality happened in the Wonogiri Subdistric and the lowest level of income inequality happened in the Eromoko Subdistric. Entropy Theil index shows that inequality between subdistrict in Wonogiri District tends to decrease. Karangtengah Subdistrict has the higest income inequality while the lowest inequality is the Purwatoro Subdistrict. The Composite of LQ (SLQ dan DLQ) shows that the Agricultural Sector; Electricity, Gas and Water; Trade and Communication became base sector.</p><p>Suggestions from this study cover the government of Wonogiri District is expected to improve infrastructures such as road, bridge, irrigation canal, and communication network. In addition, the Government of Wonogiri District should develop the potency of economy in each of subdistricts.</p><p> </p><p align="left">Keywords: Income Inequality, Base Sector, Non Base Sector</p><p align="left">JEL: R11, R12</p>


2021 ◽  
Vol 11 (2) ◽  
pp. 163
Author(s):  
Tri Kurniawati ◽  
Erien Yuan Lestari

This study objectives are to analyze: 1) the effect of education on chronic poverty in West Sumatra, 2) the effect of economic growth on chronic poverty in West Sumatra, 3) the effect of per capita income on chronic poverty in West Sumatra, 4) the effect of education, economic growth and per capita income on chronic poverty in West Sumatra. This is a quantitative research. This study used secondary data from 2010-2019, obtained from related institutions and agencies and then was analyzed by using multiple linear regression analysis. Prerequisite analysis tests performed include normality test, heteroscedasticity test, multicollinearity test and autocorrelation test. The results shows that 1) education has a negative and significant effect on chronic poverty in West Sumatera, 2) economic growth has a negative and significant effect on chronic poverty in West Sumatera, 3) per capita income has negative and insignificant effect on chronic poverty in West Sumatera, 4) education, economic growth and per capita income have significant effect on chronic poverty in West Sumatera simultaneously.


Author(s):  
Ginan Wibawa ◽  
Rizzal Muttaqin ◽  
Fitriana Dewi Sumaryana

The purpose of this study was to analyze the effect of human capital on economic growth in Bandung Regency. This research uses a quantitative approach with multiple linear regression analysis. The data used are secondary data from BPS for the period 2010-2019. Human capital is represented by education by measuring the average length of schooling and health by measuring life expectancy, while economic growth uses per capita GRDP. The results of the analysis with a significance level of 5% indicate that education and health have a positive and significant influence on economic growth in Bandung Regency. It shows the valuable role of human capital as one of the central sources to encourage regional economic development. Economic growth, that main focus is on human development, is following Islamic economic growth principles. So that economic development must be oriented to improving human dignity as a whole.


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