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All Journal Jurnal Ekonomi Pembangunan Journal of Economics, Business, & Accountancy Ventura JURNAL EKONOMI DAN BISNIS AIRLANGGA IMAGE Jurnal Pendidikan Ekonomi Jurnal Ekonomi dan Studi Pembangunan (Journal of Economics and Development Studies) Jurnal Pendidikan: Teori, Penelitian, dan Pengembangan Jurnal Pendidikan Ekonomi Jurnal Pendidikan Ekonomi & Bisnis (Edisi Elektronik) Forum Ekonomi : Jurnal Ekonomi, Manajemen dan Akuntansi Quantitative Economics Research Martabe : Jurnal Pengabdian Kepada Masyarakat CARADDE: Jurnal Pengabdian Kepada Masyarakat OIKOS: Jurnal Kajian Pendidikan Ekonomi dan Ilmu Ekonomi Shirkah: Journal of Economics and Business Buletin Ilmiah Marina : Sosial Ekonomi Kelautan dan Perikanan Jurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship Jurnal Karinov Journal of Enterprise and Development (JED) Abdimas: Jurnal Pengabdian Masyarakat Universitas Merdeka Malang International Journal Of Science, Technology & Management (IJSTM) International Journal of Business, Law, and Education International Journal of Educational Research and Social Sciences (IJERSC) International Journal of Humanities Education and Social Sciences International Education Trend Issues Jurnal Ekonomi, Bisnis dan Pendidikan (JEBP) Economos : Jurnal Ekonomi dan Bisnis
Hadi Sumarsono
Universitas Negeri Malang
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Journal : Jurnal Pendidikan Ekonomi

 1 
Government Spending, Domestic Investment, Human Development Index and Indonesian Gross Domestic Product Hadi Sumarsono; Lutfi Asnan Qodri; Putra Hilmi Prayitno
Jurnal Pendidikan Ekonomi Dan Bisnis (JPEB) Vol 10 No 2 (2022): Jurnal Pendidikan Ekonomi & Bisnis (DOAJ & SINTA 2 Indexed)
Publisher : Faculty of Economics, State University of Jakarta.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21009/JPEB.010.2.5

Abstract

This research investigates the linkage between government expenditure, domestic investment, national income, human development index, and economic growth in Indonesia during the period 2015-2020. This study applied the quantitative method with Common Effect Model, Fixed Effect Model, and Random effect Model to estimate the empirical model. The data in this research were gathered from these main sources, including Statistics Indonesia and the Indonesian Investment Coordinating Board. The classical assumption is also provided to meet the analysis criteria. The findings of the study indicate that government spending positively impacts Indonesian economic growth. Indeed, national income has a robust effect on economic growth. This study also confirms the crucial role in determining economic growth in Indonesia. Surprisingly, the human development index failed to support a robust spur to economic growth in Indonesia. These results contribute to the literature on economic growth and have tremendous implications for Indonesian policymakers to consider these findings.
Co-Authors Abbas, Muhammad Hasyim Ibnu Adib Afrian Zalza Agus Sumanto Anggi Irmaa Lismana Annisya' Annisya' Asfa Agustina Nusba Aini Bhima Erlangga Sukma Prayoga Budi Eko Soetjipto Chris Wijayanti Puspita Dewi Kholifah Dwi Wulandari Ermita Yusida Fahrian Hanantha Ihza Fitratama Farida Rachmawati Farida Rahmawati Fitus Baskara Hari Wahyono Hendry Cahyono Heny Kusdiyanti Ika Permatasari Imam Mukhlis Joko Sayono Lely Jayanti Leni Mariani Lilik Sufiyah Lustina Fajar Prastiwi, Lustina Fajar Lutfi Asnan Qodri Magistyo Purboyo Priambodo Melyana Gita Astika Mohd Al-ikhsan Ghazali Muhammad Daffa Putra Naning Kristiyana, Naning Nasikh Nova Dwi Hernanik Novid, Ade Novita Rifaul Kirom, Novita Rifaul Premi Wahyu Widyaningrum Putra Hilmi Prayitno Qurrata, Vika Annisa Sabilla, Tara May Satrio, Yogi Dwi Shofia Azahra Siti Muslihah Siti Nurul Khaerani Sri Handayani Sudarmiatin Sudarmiatin Sugeng Hadi Utomo Tara May Sabilla Titiek Ambarwati Umu Rosyidah Velia Morita Herynda Wahjoedi Wahjoedi Yunani Yunani