scholarly journals The Influence of Human Capital on Economic Growth

2021 ◽  
Vol 3 (2) ◽  
pp. 24-30
Author(s):  
Riyanto Wujarso
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Local Governments ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
High Productivity ◽  
Education And Health ◽  
Effect Model ◽  
Financial Growth ◽  
Dominant Influence

This research examines the effect of human capital on regional financial development in West Java Province from 2017 to 2019. This study's procedure employs a quantitative approach, and the data used is secondary data. Secondary evidence in this analysis comes from BPS data reporting. Panel regression with the GLS fixed-effect model approach was used as the research technique. The results of this study are the human capital variable, namely the level of education level. Based on the estimation results in this study, the education variable is considered the variable with the most dominant influence on economic growth. This research also provides suggestions to local governments so that there is a need for an increase in regional expenditure allocations for the education and health sectors to improve the workforce's quality so that they can have high productivity that can encourage financial growth.

scholarly journals IMPACT OF INVESTMENT, LABOR, AND INFRASTRUCTURE ON JAVA ISLAND ECONOMIC GROWTH 2011-2017

2018 ◽  
Vol 1 (3) ◽  
pp. 230-241
Author(s):  
Maya Aprilia Sari
Keyword(s):  
Economic Growth ◽  
Local Governments ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Fixed Effect ◽  
Least Square ◽  
Clean Water ◽  
Domestic Investment ◽  
Central Java ◽  
Effect Model

The study aims to determine and analyze the effect of investment, labor, and infrastructure on economic growth in Java in 2011-2017. This research is a quantitative study using secondary data from six provinces in Java (DKI Jakarta, West Java, Central Java, Special Region of Yogyakarta, East Java and Banten) obtained from the Central Statistics Agency. Analysis of the data used in this study is panel regression of fixed effect model data using the General Least Square (GLS) method. The results showed that individually the domestic investment variable, labor, clean water infrastructure had a significant influence on economic growth while foreign investment had no significant effect on economic growth. Suggestions: 1) local governments are expected to increase the potential of each region to attract investors; 2) local governments are expected to create a conducive investment climate and facilitate investment licensing; 3) local governments are expected to increase the allocation of education funds and provide training in foreign languages ​​and skills to the workforce; 4) local governments should make better plans for the distribution of clean water and improve the efficiency of the use of clean water.© 2019, Universitas Negeri Semarang Penelitian bertujuan untuk mengetahui dan menganalisis pengaruh investasi,tenaga kerja, dan infrastruktur terhadap pertumbuhan ekonomi di Pulau Jawa tahun 2011-2017. Penelitian ini merupakan penelitian kuantitatif menggunakan data sekunder enam provinsi di Pulau Jawa (DKI Jakarta, Jawa Barat, Jawa Tengah, Daerah Istimewa Yogyakarta, Jawa Timur, dan Banten) yang diperoleh dari Badan Pusat Statistik.Analisis data yang digunakan pada penelitian ini adalah regresi data panel model fixed effect menggunakan metode General Least Square (GLS). Hasil penelitian menunjukkan bahwa secara individu variabel penanaman modal dalam negeri, tenaga kerja, infrastruktur air bersih memiliki pengaruh signifikanterhadap pertumbuhan ekonomi sedangkanpenanaman modal luar negeri tidak berpengaruh signifikan terhadap pertumbuhan ekonomi. Saran: 1) pemerintah daerah diharapkan meningkatkan potensi setiap daerah agar menarik para investor; 2) pemerintah daerah diharapkan menciptakan iklim investasi yang kondusif dan mempermudah perizinan investasi; 3) pemerintah daerah diharapkan meningkatkan alokasi dana pendidikan dan memberikan pelatihan bahasa asing dan ketrampilan kepada tenaga kerja; 4) pemerintah daerah hendaknya membuat perencanaan distribusi air bersih yang lebih baik lagi dan meningkatkan efisiensi penggunaan air bersih.

The Role of Human Capital Investment in Poverty Alleviation and Improvement of Indonesian Human Performance in Dignified Economic Independence

2021 ◽  
Vol 1 (1) ◽  
pp. 132-135
Author(s):  
Nur Sholeh Hidayat ◽  
◽  
Eddy Priyanto
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Investment ◽  
Human Performance ◽  
Moving Average ◽  
Human Capital Investment ◽  
Secondary Data ◽  
Economic Independence ◽  
Education And Health

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.

scholarly journals The Effect Of Fiscal Decentralization And Economic Growth On Poverty In Gorontalo Province

2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Dahlia Destari Inayah Ali ◽  
Sri Endang Saleh
Keyword(s):  
Economic Growth ◽  
Local Governments ◽  
Quantitative Methods ◽  
Time Series Data ◽  
Fiscal Decentralization ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Series Data ◽  
Section Data ◽  
Negative Effect

The implementation of fiscal decentralization policy has a good impact on the development of the potential and creativity of local governments. Effectiveness in managing the results of regional wealth will affect the original income of the region which can then be utilized for the welfare of the community. This study aims to determine the effect of fiscal decentralization and economic growth on poverty in Gorontalo Province. This research uses quantitative methods. The data used in this study were sourced from the Central Statistics Agency and the Directorate General of Fiscal Balance so that the data in this study were secondary data using the econometrics method through a panel data regression equation in the form of a combination of 10-year time series data (2008-2017) and cross section data 6 Regency / City areas in Gorontalo Province. Estimation is done using the Fixed Effect Model (FEM). The results of this study indicate that (1) Partially the degree of fiscal decentralization has a negative effect (unidirectional relationship) and significant on poverty means that the greater the fiscal decentralization variable will have an impact on reducing the level of poverty (2) Partially economic growth has a negative effect (unidirectional relationship) and significant to poverty means increasing economic growth can reduce poverty levels (3) Simultaneously the degree of fiscal decentralization and economic growth have a significant effect on poverty in Gorontalo Province. Keywords: fiscal decentralization, economic growth, poverty

scholarly journals The Gap in Economic Growth from Foreign Investment and Domestic Investment across Provinces in Indonesia

2020 ◽  
Vol 1 (1) ◽  
pp. 34-38
Author(s):  
Asnawi Asnawi ◽  
Irfan Irfan ◽  
M. Fathul Chairi Ramadhani
Keyword(s):  
Economic Growth ◽  
Foreign Investment ◽  
Time Series Data ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Positive Influence ◽  
Series Data ◽  
Domestic Investment ◽  
Effect Model ◽  
Negative Effect

The study aims to determine the effect of Foreign Investment (FDI) and Domestic Investment (PMDN) on Cross-Province Economic Growth in Indonesia in 2014-2018. This study uses secondary data with Panel and Poled data consisting of 34 provinces in Indonesia, and use the 5 years time-series data during 2014-2018. The analytical method used is the panel regression analysis method with the Fixed Effect model and poled model. The results showed that foreign investment and domestic investment had a positive and significant effect on economic growth across provinces in Indonesia. Furthermore, the results of the study show that foreign investment and domestic investment have a significant and positive effect on economic growth in 8 provinces in Indonesia, and the foreign investment has a significant and positive influence on economic growth in 9 Provinces in Indonesia. However, only North Maluku, where foreign investment has a significant and negative effect on economic growth, and domestic investment significantly and positively affects economic growth in 6 provinces in Indonesia.

scholarly journals The Effect Of Fiscal Decentralization To Gross Domestic Regional Product Of District / City In South Sumatra Province

2017 ◽  
Vol 1 (2) ◽  
pp. 181
Author(s):  
Dessy Dian Syari ◽  
Syamsurijal Syamsurijal ◽  
Bernadette Robiani
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Fiscal Decentralization ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Direct Impact ◽  
Effect Model ◽  
District Economy ◽  
Fiscal Decentralisation ◽  
Regional Product

This study aims to examine the effect of fiscal decentralization on gross regional domestic product (GRDP) of districts in South Sumatera. The data used in this study are secondary data in the form of GRDP, district expenditure to provincial expenditure ratio, district revenue to district expenditure ratio and balancing fund to district revenue ratio in 15 districts/cities in South Sumatera for 11 years during the period of 2005-2015. Multiple regression analysis on fixed effect model is used in analyzing the data. The result shows that simultaneosly, fiscal decentralisation has significant effect on GRDP of districits/cities in South Sumatera. However, in partial test, the district expenditure to provincial expenditure ratio is positive and insignificant. This is related to the district expenditure allocation that has not any direct impact on the district economy thus, it has yet to give results that can support the economic growth.

scholarly journals PERTUMBUHAN EKONOMI, DISPARITAS PENDAPATAN DAN KESEJAHTERAAN KABUPATEN/KOTA DI PROVINSI NUSA TENGGARA BARAT

GANEC SWARA ◽  
2019 ◽  
Vol 13 (1) ◽  
pp. 59
Author(s):  
BAIQ HIPZIWATY ◽  
PUTU KARISMAWAN ◽  
BAIQ ISMIWATY
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Panel Data ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Income Disparity ◽  
The People ◽  
Effect Model ◽  
Panel Data Regression ◽  
Data Regression

This study aims to analyze economic growth, income disparity and community welfare in the West Nusa Tenggara Province.     This research is a descriptive study using secondary data obtained from relevant agencies in the form of GRDP data, population, economic growth, HDI and per capita income between regencies / cities in NTB Province and data collection using the case method. With analytical procedures using Williamson index and panel data regression analysis.     The results showed that during the period of 2010-2016 the average economic growth of West Nusa Tenggara Province was 6.0%. The income disparity seen from the Williamson index in the 2010-2016 period is classified as a medium inequality criterion. The estimation results of the relationship between the variables of economic growth, income disparity and the welfare of the people of West Nusa Tenggara Province measured using HDI in 2010-2016 using panel data regression analysis with the Fixed Effect model (FEM), found that economic growth variables were positively related, but not significant to welfare society. The variable income disparity is significantly related to the welfare of the people of NTB Province.

scholarly journals Pengaruh Pertumbuhan Ekonomi dan Investasi Terhadap Ketimpangan Pendapatan di Kabupeten/Kota Provinsi Nusa Tenggara Barat

2019 ◽  
Vol 3 (3) ◽  
pp. 365-375
Author(s):  
Mohammad Royan ◽  
Wahyu Hidayat Riyanto ◽  
Ida Nuraini
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Income Inequality ◽  
Significant Influence ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Effect Model ◽  
Regional Income Inequality ◽  
Independent Variable ◽  
Method Analysis

The distinction of interzonal potential will cause several problems such as uneven economic growth, the area-centered spreading investment, and income inequality. This research aims to analyze the effect of economic growth and investment on the inter-regional income inequality in West Nusa Tenggara from 2012 to 2017. This research uses secondary data obtained from BPS-Statistics Indonesia (Badan Pusat Statistik), and the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal – BPKM). Williamson Index is used to representing income inequality, and the method analysis is the panel data analyzing with a Fixed Effect Model (FEM). The effect between a dependent variable and independent variable will be shown that economic growth has a positive and significant influence towards the income inequality, and investment has a positive and not significant influence towards the income inequality.

scholarly journals The impact of corruption on the economic growth in Bangladesh, India and Pakistan: An ARDL approach

2021 ◽  
Vol 12 (8) ◽  
pp. 2079-2093
Author(s):  
Md. Mamun Miah ◽  
Tahmina Akter Ratna ◽  
Shapan Chandra Majumder
Keyword(s):  
Economic Growth ◽  
Correction Term ◽  
Negative Relationship ◽  
Secondary Data ◽  
Fixed Effect Model ◽  
Positive Influence ◽  
Fixed Effect ◽  
Ardl Model ◽  
Effect Model ◽  
The Impact

Purpose of the study: Main purpose of the paper is to find out the impact of corruption on the economic growth of Bangladesh, India, and Pakistan. At the same time, our other objectives are to find the long and short-run effects of corruption on growth in these countries. Methodology: For conducting the study, we have taken the data from Bangladesh, India, and Pakistan. For this study necessary secondary data have been collected from 1990 to 2016 based on countries like Bangladesh, India, and Pakistan. Data for economic growth (dependent) and trade (independent) are collected from World Development Bank and data for corruption are taken from International Country Risk published by the PRS Group. The study has used ECM ARDL Model and the Fixed Effect Model.  Findings: The result of the fixed effect model shows a 1percent increase in corruption decreases GDP by 0.07 units and shows a negative relationship with economic growth. Again if trade increases by 1 percent then growth will increase by 0.09 units on average and shows a positive relationship with economic growth. ECM ARDL Model shows the positive coefficient of corruption but not significant but trade has a long-run positive influence on economic growth. The error correction term indicating that the adjustment is corrected by 70% in these three countries. Contributions: This paper may be helpful for existing literature gap and also for further research. It will be helpful for policy makers to control corruption in three countries.

scholarly journals Peran Pertumbuhan Ekonomi Dalam Menurunkan Kemiskinan di Tingkat Provinsi di Indonesia Tahun 2004-2012

MODUS ◽  
2016 ◽  
Vol 28 (1) ◽  
pp. 91
Author(s):  
Denni Setiawan Jayadi ◽  
Aloysius Gunadi Brata
Keyword(s):  
Economic Growth ◽  
Poverty Reduction ◽  
Secondary Data ◽  
Data Bank ◽  
Fixed Effect Model ◽  
Negative Influence ◽  
Fixed Effect ◽  
Mining Sector ◽  
Effect Model ◽  
Panel Data Regression

Abstrak            Penelitian ini bertujuan untuk mengetahui dan menganalisis peran pertumbuhan ekonomi terhadap penurunan kemiskinan dilihat dari sektoral tahun 2004–2012. Variabel yang digunakan adalah jumlah penduduk miskin sebagai variabel dependen dan Produk Domestik Regional Bruto (PRDB) di sembilan sektor sebagai variabel independen. Data yang digunakan dalam penelitian ini merupakan data sekunder yang diperoleh dari terbitan world data bank. Metode analisis yang digunakan adalah regresi data panel dengan pendekatan model fixed effect. Dalam mengolah data, penulis menggunakan bantuan software Eviews 8.1.            Berdasarkan hasil estimasi di peroleh bahwa secara keseluruhan pertumbuhan ekonomi berpengaruh negatif dan signifikan terhadap kemiskinan di tingkat Provinsi di Indonesia. Selanjutnya dilihat dari segi sektoral ditemukan bahwa variabel sektor per-tambangan memiliki pengaruh yang negatif dan signifikan terhadap penurunan kemiskinan. Hal itu disebabkan adanya commodities boom terhadap komoditi hasil tambang. Sehingga sektor pertambangan bukanlah sektor yang menjadi kunci dalam penurunan kemiskinan namun terjadinya commodities boom memiliki pengaruh terhadap penurunan kemiskinan di Provinsi di Indonesia. Kata Kunci :  Fixed Effect, Kemiskinan, PDRB sektoral, pertumbuhan ekonomi, commodities boom. AbstractThis study aims to identify and analyze the role of economic growth on poverty reduction seen from sectors in 2004-2012. The variables used were the number of poverty as the dependent variable and the Gross Regional Domestic Product (GRDP) in nine sectors as independent variables. The data used in this research is secondary data obtained from the data published by the World Bank. The analytical method used is the panel data regression with fixed effect model approach. In processing the data, the authors using statistical software Eviews 8.1.Based on estimates obtained that overall economic growth is negative and have significant effect on poverty at the provincial level in Indonesia. Furthermore, in terms of sectoral found that variable per-mining sector has a negative influence and significant impact on poverty reduction. It was caused by the commodities boom of the commodity mined. So that the mining sector is not a sector that is key in reducing poverty, but the commodities boom have an impact on poverty reduction in the province in Indonesia. Keywords: Fixed Effect, poverty, the GDP sectoral, economic growth, commodities boom.

scholarly journals Fiscal Decentralization and Regional Economic Growth

2019 ◽  
Vol 8 (1) ◽  
pp. 108-119
Author(s):  
Hadi Sasana
Keyword(s):  
Economic Growth ◽  
Local Governments ◽  
Fiscal Decentralization ◽  
Private Investment ◽  
Fixed Effect Model ◽  
Central Java ◽  
Effect Model ◽  
Independent Variable ◽  
The Subject ◽  
Positive Effect

Fiscal decentralization in Indonesia initiated in 2001 has proven to be effective and efficient; although, its implementation still need to be evaluated. The aim of the study was to analyze the implementation of fiscal decentralization on economic growth in Central Java. Tools multiple regression analysis using the method Fixed Effect Model (FEM).The period of the research was 9 years (2009-2017), and the subject of the was 35 districts/cities in Central Java Province. The dependent variable was economic growth, the independent variable was fiscal decentralization, and the control variables were investment and labor. The results showed that fiscal decentralization has a positive effect on economic growth in the district/city in Central Java. Other findings, private investment and the amount of labor encourage economic growth in Central Java. Based on findings, to reduce the fiscal gap, local governments should be able to increase their fiscal capacity through the development of commodity-based economic activity in their regions Keywords: Fiscal decentralization, Economic growth,  Investment, Labor

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