Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia

Education is an important indicator of economic development. The objective of this study is to determine the causality and cointegration between education and economic growth, and between education and poverty. In this study, the dependent variables were divided into two parts, namely economic growt...

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Main Author: Hafnida,
Format: Thesis
Language:en
Published: 2011
Subjects:
Online Access:https://etd.uum.edu.my/3703/1/s806967.pdf
https://etd.uum.edu.my/3703/
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author Hafnida, ,
author_facet Hafnida, ,
author_sort Hafnida, ,
building UUM Library
collection Institutional Repository
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
continent Asia
country Malaysia
description Education is an important indicator of economic development. The objective of this study is to determine the causality and cointegration between education and economic growth, and between education and poverty. In this study, the dependent variables were divided into two parts, namely economic growth and poverty reduction. The empirical analysis is based on time series data for 20 years period from 1990 to 2010. The model tested for long run relationship using Johansen and Juselius cointegration approach shows that education, population, human development index, poverty and inflation and economic growth are cointegrated. The evidence also indicates that economic growth, population, education (primary school and junior high school) enrollment and poverty are cointegrated. In terms of causality the result shows that economic growth (GDP) granger causes on education (EDUC) enrollment, and poverty (POV) granger cause the junior high school enrollment.
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spelling my.uum.etd-37032016-04-27T03:15:11Z https://etd.uum.edu.my/3703/ Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia Hafnida, , HC Economic History and Conditions Education is an important indicator of economic development. The objective of this study is to determine the causality and cointegration between education and economic growth, and between education and poverty. In this study, the dependent variables were divided into two parts, namely economic growth and poverty reduction. The empirical analysis is based on time series data for 20 years period from 1990 to 2010. The model tested for long run relationship using Johansen and Juselius cointegration approach shows that education, population, human development index, poverty and inflation and economic growth are cointegrated. The evidence also indicates that economic growth, population, education (primary school and junior high school) enrollment and poverty are cointegrated. In terms of causality the result shows that economic growth (GDP) granger causes on education (EDUC) enrollment, and poverty (POV) granger cause the junior high school enrollment. 2011 Thesis NonPeerReviewed text en https://etd.uum.edu.my/3703/1/s806967.pdf Hafnida, , (2011) Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia. Masters thesis, Universiti Utara Malaysia.
spellingShingle HC Economic History and Conditions
Hafnida, ,
Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia
title Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia
title_full Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia
title_fullStr Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia
title_full_unstemmed Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia
title_short Analysis of Causality and Cointegration between Education-Economic Growth and Education-Poverty in Indonesia
title_sort analysis of causality and cointegration between education-economic growth and education-poverty in indonesia
topic HC Economic History and Conditions
url https://etd.uum.edu.my/3703/1/s806967.pdf
https://etd.uum.edu.my/3703/
url_provider http://etd.uum.edu.my/