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Jurnal

Jurnal Ekonomi & Bisnis Indonesia

Keyword

Education, economic growth, panel data

Pengarang

  1. Faizal Reza
  2. Tri Widodo

    Subject

    1. ECONOMIC
    2. BUSINESS

      [Abstrak]



      Does education promote
      economic growth? The aim of this study is to find out the impact of education
      on economic growth in Indonesia. This research employed panel data techique to
      investigate the relationship between education and economic growth in Indonesia
      during the period 1996-2009. The empirical results show that education per
      worker has a positive and significant impact on economic growth. The estimates
      of panel model suggest that a 1% increase in average education per worker will
      lead to about 1.56% increase in output. By using instrument analysis,
      researchers found that Jawa Timur is a province with highest economic growth in
      Indonesia. In contrast, Bengkulu experiences the lowest position with the
      lowest economic growth. The results show us that there are still substantial
      disparities within the provinces in Indonesia



       






      Periode

      Vol 28, Nomor 01, Tahun 2013

      [Berkas]

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