Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia

Investment in human capital, research and development (R&D) and ICT are now receiving serious attention from the Indonesian government through significant budget allocation. Nonetheless, compared to other South East Asian countries, investment in these sectors is still low. To achieve Indonesia...

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Main Author: ,, Aiyub
Format: Thesis
Language:English
English
English
Published: 2017
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Online Access:https://etd.uum.edu.my/9034/1/s91793_01.pdf
https://etd.uum.edu.my/9034/2/s91793_02.pdf
https://etd.uum.edu.my/9034/3/s91793_references.docx
https://etd.uum.edu.my/9034/
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spelling my.uum.etd.90342022-01-31T02:01:51Z https://etd.uum.edu.my/9034/ Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia ,, Aiyub T58.5-58.64 Information technology HB Economic Theory Investment in human capital, research and development (R&D) and ICT are now receiving serious attention from the Indonesian government through significant budget allocation. Nonetheless, compared to other South East Asian countries, investment in these sectors is still low. To achieve Indonesia's Vision 2025 of becoming a developed country and to be the world's top 12 countries, investment in these sectors is seen to be important to ensure the continuous growth of the Indonesian economy in the long run. There are vast literatures focusing on the determinants of the economic growth of Indonesia but most are focused on identifying the direct relationship between the investment in human capital, R&D and ICT, and economic growth. Studies on the effect of interaction between human capital and R&D on economic growth are found to be limited. Therefore, this study was conducted to measure the impact of investment in human capital, R&D and ICT with special emphasis on the effect of interaction between human capital and R&D on economic growth. This study used quarterly data for the period 1968-2014 with Auto Regressive Distributed Lags (ARDL) dan Ordinary Least Square (OLS) methods. The study found that investment in education, health, R&D and ICT, and the interaction between health and R&D have positive significant impact on economic growth, both in the short and long run. The interaction between education and R&D, however, positively and significantly affects economic growth only in the short run but is not significant in the long run. In conclusion, the findings show that increased investment in human capital, R&D and ICT are very important for the continuous growth of the Indonesian economy. Thus, the development policy of Indonesia should be directed towards achieving a balance between investment in human capital and R&D especially in health and R&D. 2017 Thesis NonPeerReviewed text en https://etd.uum.edu.my/9034/1/s91793_01.pdf text en https://etd.uum.edu.my/9034/2/s91793_02.pdf text en https://etd.uum.edu.my/9034/3/s91793_references.docx ,, Aiyub (2017) Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia. Doctoral thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
English
topic T58.5-58.64 Information technology
HB Economic Theory
spellingShingle T58.5-58.64 Information technology
HB Economic Theory
,, Aiyub
Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia
description Investment in human capital, research and development (R&D) and ICT are now receiving serious attention from the Indonesian government through significant budget allocation. Nonetheless, compared to other South East Asian countries, investment in these sectors is still low. To achieve Indonesia's Vision 2025 of becoming a developed country and to be the world's top 12 countries, investment in these sectors is seen to be important to ensure the continuous growth of the Indonesian economy in the long run. There are vast literatures focusing on the determinants of the economic growth of Indonesia but most are focused on identifying the direct relationship between the investment in human capital, R&D and ICT, and economic growth. Studies on the effect of interaction between human capital and R&D on economic growth are found to be limited. Therefore, this study was conducted to measure the impact of investment in human capital, R&D and ICT with special emphasis on the effect of interaction between human capital and R&D on economic growth. This study used quarterly data for the period 1968-2014 with Auto Regressive Distributed Lags (ARDL) dan Ordinary Least Square (OLS) methods. The study found that investment in education, health, R&D and ICT, and the interaction between health and R&D have positive significant impact on economic growth, both in the short and long run. The interaction between education and R&D, however, positively and significantly affects economic growth only in the short run but is not significant in the long run. In conclusion, the findings show that increased investment in human capital, R&D and ICT are very important for the continuous growth of the Indonesian economy. Thus, the development policy of Indonesia should be directed towards achieving a balance between investment in human capital and R&D especially in health and R&D.
format Thesis
author ,, Aiyub
author_facet ,, Aiyub
author_sort ,, Aiyub
title Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia
title_short Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia
title_full Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia
title_fullStr Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia
title_full_unstemmed Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia
title_sort kesan pelaburan modal insan, r&d dan ict ke atas pertumbuhan ekonomi indonesia
publishDate 2017
url https://etd.uum.edu.my/9034/1/s91793_01.pdf
https://etd.uum.edu.my/9034/2/s91793_02.pdf
https://etd.uum.edu.my/9034/3/s91793_references.docx
https://etd.uum.edu.my/9034/
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score 13.211869