Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance Theory

This study aims to examine the gap between human capital theory and allocation theory in Indonesia to see the dominant factors driving economic growth by making the solow theory a bridge theory or an intermediary between the gap between human capital theory and allocation theory. In order to unders...

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Main Authors: Sebastiana Viphindrartin, suryaning Bawono
Format: Article
Language:English
Published: LPPM of Narotama University Surabaya 2021-09-01
Series:IJEBD (International Journal of Entrepreneurship and Business Development)
Subjects:
Online Access:https://jurnal.narotama.ac.id/index.php/ijebd/article/view/1495
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author Sebastiana Viphindrartin
suryaning Bawono
author_facet Sebastiana Viphindrartin
suryaning Bawono
author_sort Sebastiana Viphindrartin
collection DOAJ
description This study aims to examine the gap between human capital theory and allocation theory in Indonesia to see the dominant factors driving economic growth by making the solow theory a bridge theory or an intermediary between the gap between human capital theory and allocation theory. In order to understand and test the human capital theory and allocation theory in Indonesia, testing is carried out using the autoregressive threshold quantitative method. The use of the autoregressive Threshold quantitative method aims to see the behaviour of data from the education, health and technology variables so that it can be seen clearly that the dominance of the economic growth drive comes from human capital or from the human side in accordance with the explanation of human theory or from the outside of the human self and in this study technology as explained by the allocation theory. We find that in Indonesia, the role of human capital is very important because human capital in the case of Indonesia is a major factor in driving economic growth and technology plays a role as a supporter of human performance. This is in accordance with the human capital theory and does not support the allocation theory
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spelling doaj.art-bee72254447849e092c4eb66fb2dbae02022-12-22T03:01:36ZengLPPM of Narotama University SurabayaIJEBD (International Journal of Entrepreneurship and Business Development)2597-47502597-47852021-09-014510.29138/ijebd.v4i5.1495Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance TheorySebastiana Viphindrartin0suryaning Bawono1Economics Department, Faculty of Economics and Business, University of Jember,IndonesiaSTIE Jaya Negara Tamansiswa Malang This study aims to examine the gap between human capital theory and allocation theory in Indonesia to see the dominant factors driving economic growth by making the solow theory a bridge theory or an intermediary between the gap between human capital theory and allocation theory. In order to understand and test the human capital theory and allocation theory in Indonesia, testing is carried out using the autoregressive threshold quantitative method. The use of the autoregressive Threshold quantitative method aims to see the behaviour of data from the education, health and technology variables so that it can be seen clearly that the dominance of the economic growth drive comes from human capital or from the human side in accordance with the explanation of human theory or from the outside of the human self and in this study technology as explained by the allocation theory. We find that in Indonesia, the role of human capital is very important because human capital in the case of Indonesia is a major factor in driving economic growth and technology plays a role as a supporter of human performance. This is in accordance with the human capital theory and does not support the allocation theory https://jurnal.narotama.ac.id/index.php/ijebd/article/view/1495EducationGross Domeestic ProductHuman CapitalHealth
spellingShingle Sebastiana Viphindrartin
suryaning Bawono
Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance Theory
IJEBD (International Journal of Entrepreneurship and Business Development)
Education
Gross Domeestic Product
Human Capital
Health
title Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance Theory
title_full Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance Theory
title_fullStr Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance Theory
title_full_unstemmed Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance Theory
title_short Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance Theory
title_sort education health and technology in indonesia s economic recovery efforts based on three human performance theory
topic Education
Gross Domeestic Product
Human Capital
Health
url https://jurnal.narotama.ac.id/index.php/ijebd/article/view/1495
work_keys_str_mv AT sebastianaviphindrartin educationhealthandtechnologyinindonesiaseconomicrecoveryeffortsbasedonthreehumanperformancetheory
AT suryaningbawono educationhealthandtechnologyinindonesiaseconomicrecoveryeffortsbasedonthreehumanperformancetheory