Journal of Economics Research and Social Sciences
Vol 8, No 2: August 2024

The Effect of Economic Growth on The Human Development Index in Indonesia

Asmara, Galuh Jati (Unknown)
Asmara, Gea Dwi (Unknown)
Saleh, Rahmat (Unknown)



Article Info

Publish Date
20 Aug 2024

Abstract

This study aims to test and analyze the effect of economic growth on the Human Development Index in 34 provinces in Indonesia. This research uses quantitative data methods. The independent variable used in this study is economic growth with control variables, namely poverty and population. The dependent variable used is the Human Development Index. The data type used is panel data, a combination of time series and cross-section. Time series data was obtained from 2015-2020, and cross-section data was obtained from 34 provinces in Indonesia. The data used is secondary data sourced from the Central Statistics Agency (BPS) report, especially from 2015 to 2020. Hypothesis testing in this study uses multiple linear regression with the Chow test, Hausman test, t-test, f-test, and coefficient of determination test. The results show that economic growth had no significant effect on the Human Development Index in Indonesia in 2015-2020, Ceteris Paribus. The control variables of poverty and population influence the Human Development Index. The poverty control variable has a significant negative effect, and the population control variable has a significant positive impact. This study contributes new empirical evidence to fill gaps and address inconsistencies in the existing literature on the relationship between economic growth and human development.

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Journal Info

Abbrev

jerss

Publisher

Subject

Economics, Econometrics & Finance

Description

JERSS merupakan jurnal ilmiah yang dikelola Program Studi Ekonomi Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Yogyakarta. Jurnal ini berisikan penelitian-penelitian yang dilakukan oleh mahasiwa-mahasiswa dan berkolaborasi dengan para dosen dalam bidang studi ilmu ekonomi pembangunan. ...