The Role of ICT and Human Capital Development in Pursuing a Demographic Dividend and Improving Economic Welfare in Indonesia
This article aims to provide evidence that Information and Communication Technology (ICT) and human development play an important role in pursuing a demographic dividend and accelerating economic welfare in Indonesia by exploiting provincial data from 2012 to 2017. The empirical evidence implemented...
| Main Authors: | , |
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| Format: | Article |
| Language: | Indonesian |
| Published: |
Pusat Pembinaan, Pendidikan, dan Pelatihan Perencana Bappenas
2020-08-01
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| Series: | The Journal of Indonesia Sustainable Development Planning |
| Subjects: | |
| Online Access: | http://journal.pusbindiklatren.bappenas.go.id/lib/jisdep/article/view/19 |
| _version_ | 1797397426662801408 |
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| author | Nurarifin Sedwivia Ridena |
| author_facet | Nurarifin Sedwivia Ridena |
| author_sort | Nurarifin |
| collection | DOAJ |
| description | This article aims to provide evidence that Information and Communication Technology (ICT) and human development play an important role in pursuing a demographic dividend and accelerating economic welfare in Indonesia by exploiting provincial data from 2012 to 2017. The empirical evidence implemented in this research is Two-Stage Least Squares and dynamic system Generalized Method of Moments (GMM) techniques. The results show that a 1%-point rise in ICT development growth potentially leads to an approximately 0.24%-point increase in economic welfare growth, whereas an in life expectancy may decrease GDP per capita. The analysis also finds that a 1%-point increase in the ratio of the participation rate will promote a nearly 0.16%-point rise in per capita output. Meanwhile, a 1%-point increase in the share of the working-age population will generate roughly 0.19%-point rise in per capita income. A recent paper suggests that policymakers have to promote more supportive ICT and human development policies to pursue a demographic dividend since even though they have a positive impact on per capita income, the magnitude remains relatively low. |
| first_indexed | 2024-03-09T01:09:46Z |
| format | Article |
| id | doaj.art-970338587a97461cafd98bd16e185ecd |
| institution | Directory Open Access Journal |
| issn | 2721-8309 2722-0842 |
| language | Indonesian |
| last_indexed | 2024-03-09T01:09:46Z |
| publishDate | 2020-08-01 |
| publisher | Pusat Pembinaan, Pendidikan, dan Pelatihan Perencana Bappenas |
| record_format | Article |
| series | The Journal of Indonesia Sustainable Development Planning |
| spelling | doaj.art-970338587a97461cafd98bd16e185ecd2023-12-11T07:28:40ZindPusat Pembinaan, Pendidikan, dan Pelatihan Perencana BappenasThe Journal of Indonesia Sustainable Development Planning2721-83092722-08422020-08-011211312410.46456/jisdep.v1i2.1919The Role of ICT and Human Capital Development in Pursuing a Demographic Dividend and Improving Economic Welfare in IndonesiaNurarifin0Sedwivia Ridena1BPS-Statistics IndonesiaBPS-Statistics Indonesia Sumatera Barat ProvinceThis article aims to provide evidence that Information and Communication Technology (ICT) and human development play an important role in pursuing a demographic dividend and accelerating economic welfare in Indonesia by exploiting provincial data from 2012 to 2017. The empirical evidence implemented in this research is Two-Stage Least Squares and dynamic system Generalized Method of Moments (GMM) techniques. The results show that a 1%-point rise in ICT development growth potentially leads to an approximately 0.24%-point increase in economic welfare growth, whereas an in life expectancy may decrease GDP per capita. The analysis also finds that a 1%-point increase in the ratio of the participation rate will promote a nearly 0.16%-point rise in per capita output. Meanwhile, a 1%-point increase in the share of the working-age population will generate roughly 0.19%-point rise in per capita income. A recent paper suggests that policymakers have to promote more supportive ICT and human development policies to pursue a demographic dividend since even though they have a positive impact on per capita income, the magnitude remains relatively low.http://journal.pusbindiklatren.bappenas.go.id/lib/jisdep/article/view/19icthuman developmentdemographic dividendeconomic welfare |
| spellingShingle | Nurarifin Sedwivia Ridena The Role of ICT and Human Capital Development in Pursuing a Demographic Dividend and Improving Economic Welfare in Indonesia The Journal of Indonesia Sustainable Development Planning ict human development demographic dividend economic welfare |
| title | The Role of ICT and Human Capital Development in Pursuing a Demographic Dividend and Improving Economic Welfare in Indonesia |
| title_full | The Role of ICT and Human Capital Development in Pursuing a Demographic Dividend and Improving Economic Welfare in Indonesia |
| title_fullStr | The Role of ICT and Human Capital Development in Pursuing a Demographic Dividend and Improving Economic Welfare in Indonesia |
| title_full_unstemmed | The Role of ICT and Human Capital Development in Pursuing a Demographic Dividend and Improving Economic Welfare in Indonesia |
| title_short | The Role of ICT and Human Capital Development in Pursuing a Demographic Dividend and Improving Economic Welfare in Indonesia |
| title_sort | role of ict and human capital development in pursuing a demographic dividend and improving economic welfare in indonesia |
| topic | ict human development demographic dividend economic welfare |
| url | http://journal.pusbindiklatren.bappenas.go.id/lib/jisdep/article/view/19 |
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