Journal of Innovation in Business and Economics
Vol. 5 No. 01 (2021): Journal of Innovation in Business and Economics

Religiosity and human capital formation in the overlapping generation model in Indonesia

Aris Soelistyo (Economics Development Department, Universitas Muhammadiyah Malang)

Article Info

Publish Date
30 Jun 2021

Abstract

This research aims to determine the extent of the part of spiritual empowerment and the construction of human capital in the overlapping generation model in Indonesia. The study constructs a model by mathematical approach, which ensures the equilibrium of the entire market; use data of the Indonesian region in the 1983-2019 period and the analyzed by regression. Government spending in the fiscal and monetary sector effectively increases the Gross Domestic Product; the influence of labor positively affects the use of capital stock, where the current capital stock is influenced by the stock capital of the previous year. The aspect of government spending has a positive effect on capital stock.

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Journal Info
Journal of Innovation in Business and Economics
Website

Abbrev

jibe

Publisher

Universitas Muhammadiyah Malang

Subject

Economics, Econometrics & Finance

Description

The Journal of Innovation in Business and Economics (JIBE) is published by the Department of Economics and Business at University of Muhammadiyah Malang in 2017. Previously this journal was known as Jurnal Media Ekonomi that was initially published in 2000. In 2011 until 2016, this journal was ...