PENDIDIKAN, KESEHATAN DAN PERTUMBUHAN EKONOMI REGIONAL DI INDONESIA: PENDEKATAN MODEL PANEL DINAMIS

Aminuddin Anwar

Abstract


This study analyzes the contribution of human capital ie education and health to regional economic growth in Indonesia. This study uses the regional level of the province as the unit of analysis with the timeframe from 2004 to 2014. Development of economic growth model which is a dynamic model becomes a challenge for estimation of regression model, this study uses generalized method of moment (GMM) as an analytical tool to overcome bias Which occurred on the model of economic growth. This study provides empirical evidence on the role of education and health to regional economic growth in Indonesia. In addition, the estimation results also provide empirical results of conditional convergence with the contribution of human capital that is education and health as a determinant of convergence


Keywords


education, health, economic growth, dynamic panel data

Full Text:

PDF

References


Aka, B. F., & Dumon, J. C. (2008). Health, Education and Economic Growth: Testing for Long- Run Relationships and Causal Links. Applied Econometrics and International Development Development, 8(2), 101–113.

Barro, R. J. (1992). Human Capital and Economic Growth. Proceedings, Federal Reserve Bank of Kansas City, (1966), 199–230.

Barro, R. J. (2013). Health and Economic Growth. Annals of Economics and Finance, 14(2), 305–342.

Becker, G. S. (2006). The Age of Human Capital. In H. Lauder, P. Brown, J.-A. Dillabough, & A. H. Halsey (Eds.), Education, Globalization and Social Change (1st ed., pp. 292–294). Oxford: Oxford University Press.

Benhabib, J., & Spiegel, M. M. (1994). The Role of Human Capital in Economic Development Evidence from Aggregate Cross-Country Data. Journal of Monetary Economics, 34(2), 143–173.

Bloom, D. E., Canning, D., & Sevilla, J. (2004). The effect of health on economic growth: A production function approach. World Development, 32(1), 1–13.

Bond, S. R., Hoeffler, A., & Temple, J. (2001). GMM Estimation of Empirical Growth Models. Economics Papers, Economics Group, Nuffield College: University of Oxford.

Caselli, F., Esquivel, G., & Lefort, F. (1996). Reopening the Convergence Debate : A New Look at Cross-Country Growth Empirics. Journal of Economic Growth, 1(3), 363–389.

Firdaus, M., & Yusop, Z. (2009). Dynamic analysis of regional convergence in Indonesia. International Journal of Economics and Management, 3(1), 73–86.

Hanushek, E. A. (2013). Economic growth in developing countries: The role of human capital. Economics of Education Review, 37, 204–212.

Hanushek, E. A., & Kimko, D. D. (2000). Schooling, Labor Force Quality, and the Growth of Nations. American Economic Review, 90(5), 1184–1208.

Islam, N. (1995). Growth Empirics : A Panel Data Approach. The Quarterly Journal of Economics, Oxford University, 110(4), 1127–1170.

Kharisma, B., & Saleh, S. (2013). Convergence of Income Among Provinces in Indonesia 1984-2008: A Panel Data Approach. Journal of Indonesian Economy and Business, 28(2), 167–187.

Knowles, S., & Owen, P. D. (1995). Health Capital and Cross-Country Variation in Income per Capita in The Mankiw-Romer-Weil Model. Economics Letters, 48, 99–106.

Li, H., & Huang, L. (2009). Health, education, and economic growth in China: Empirical findings and implications. China Economic Review, 20(3), 374–387.

Li, H., & Liang, H. (2010). Health, Education, and Economic Growth in East Asia. Journal of Chinese Economic and Foreign Trade Studies, 8(2), 110–131.

Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3–42.

Mankiw, N. G., Romer, D., & Weil, D. N. (1992). A Contribution to the Empirics of Economic Growth. The Quarterly Journal of Economics, Oxford University, 107(2), 407–437.

Pritchett, L. (2001). Where Has All the Education Gone? The World Bank Economic Review, 15(3), 367–391.

Romer, P. M. (1990). Human Capital And Growth: Theory and Evidence. Carnegie-Rochester Conference Series on Public Policy, 32, 251–286.

Ross, L., & Renelt, D. (1992). A Sensitivity Analysis Of Cross Country Growth Regressions. American Economic Review, 82(4), 942–963.

Schultz, T. W. (1961). Investment in Human Capital. The American Economic Review, 51(1), 1–17.




DOI: http://dx.doi.org/10.18196/jesp.19.1.2727

Refbacks

  • There are currently no refbacks.


Office:
Redaksi JESP UMY, Jalan Brawijaya, Tamantirto, Kasihan, Bantul, Daerah Istimewa Yogyakarta 55183
Telp: (0274) 387656 ext.184
Fax: (0274) 387646
WA: +62 82327 810 910
Email: jesp@umy.ac.id


Creative Commons License Jurnal Ekonomi & Studi Pembangunan (JESP) is licensed under International License.


Jurnal Ekonomi & Studi Pembangunan is indexed by: