The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, Indonesia
This paper investigates the importance of human capital and each educational level on economic growth in Aceh and West Papua from 2010 to 2017. Examining the dynamic panel data using difference generalized method of moments shows there is insignificant impact of tertiary education on economic growt...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EconJournals
2020-03-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/9232 |
| _version_ | 1797911870011604992 |
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| author | Zata Hasyyati Sahara Sahara |
| author_facet | Zata Hasyyati Sahara Sahara |
| author_sort | Zata Hasyyati |
| collection | DOAJ |
| description |
This paper investigates the importance of human capital and each educational level on economic growth in Aceh and West Papua from 2010 to 2017. Examining the dynamic panel data using difference generalized method of moments shows there is insignificant impact of tertiary education on economic growth. Both provinces have U-shape effect of human capital composition, which indicates primary and secondary education seems to contribute more on the economy. Hence, the government should solve these educational levels first. Since the data showed the indication of low quality of educators, teachers' skills improvement on teaching and their wellbeing should be prioritized.
Keywords: Economic Growth, Education, Human Capital
JEL Classifications: I25, J24, O15
DOI: https://doi.org/10.32479/ijefi.9232
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| first_indexed | 2024-04-10T11:47:16Z |
| format | Article |
| id | doaj.art-88d56058b38b44e9a8a01aa45ce661e3 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T11:47:16Z |
| publishDate | 2020-03-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-88d56058b38b44e9a8a01aa45ce661e32023-02-15T16:17:18ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382020-03-011024412The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, IndonesiaZata Hasyyati0Sahara Sahara1IPB University The University of AdelaideIPB University This paper investigates the importance of human capital and each educational level on economic growth in Aceh and West Papua from 2010 to 2017. Examining the dynamic panel data using difference generalized method of moments shows there is insignificant impact of tertiary education on economic growth. Both provinces have U-shape effect of human capital composition, which indicates primary and secondary education seems to contribute more on the economy. Hence, the government should solve these educational levels first. Since the data showed the indication of low quality of educators, teachers' skills improvement on teaching and their wellbeing should be prioritized. Keywords: Economic Growth, Education, Human Capital JEL Classifications: I25, J24, O15 DOI: https://doi.org/10.32479/ijefi.9232 https://econjournals.com/index.php/ijefi/article/view/9232 |
| spellingShingle | Zata Hasyyati Sahara Sahara The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, Indonesia International Journal of Economics and Financial Issues |
| title | The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, Indonesia |
| title_full | The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, Indonesia |
| title_fullStr | The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, Indonesia |
| title_full_unstemmed | The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, Indonesia |
| title_short | The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, Indonesia |
| title_sort | composition of human capital and economic growth evidence from aceh and west papua provinces indonesia |
| url | https://econjournals.com/index.php/ijefi/article/view/9232 |
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