{"id":2766,"date":"2016-06-01T01:03:34","date_gmt":"2016-05-31T23:03:34","guid":{"rendered":"http:\/\/www.rsijournal.eu\/?p=2766"},"modified":"2021-01-20T13:19:27","modified_gmt":"2021-01-20T11:19:27","slug":"does-human-capital-investment-matter-for-growth-evidence-from-indonesia-during-the-fiscal-decentralization-era","status":"publish","type":"post","link":"https:\/\/rsijournal.eu\/?p=2766","title":{"rendered":"DOES HUMAN CAPITAL INVESTMENT MATTER FOR GROWTH? EVIDENCE FROM INDONESIA DURING THE FISCAL DECENTRALIZATION ERA"},"content":{"rendered":"<h2>Losina PURNASTUTI<\/h2>\n<address>Faculty of Economics<\/address>\n<address>Yogyakarta State University Kampus Karangmalang Yogyakarta 55281 Indonesia<\/address>\n<address>losina_purnastuti@uny.ac.id<\/address>\n<address>(Corresponding author)<\/address>\n<h2>Bambang SUPRAYITNO<\/h2>\n<address>Faculty of Economics<\/address>\n<address>Yogyakarta State University Kampus Karangmalang Yogyakarta 55281 Indonesia<\/address>\n<address>bambang_s@uny.ac.id<\/address>\n<h2>SUGIHARSONO<\/h2>\n<address>Faculty of Economics<\/address>\n<address>Yogyakarta State University Kampus Karangmalang Yogyakarta 55281 Indonesia<\/address>\n<address>sugiharsono@uny.ac.id<\/address>\n<p><strong> <\/strong><\/p>\n<p><strong>Abstract<\/strong><\/p>\n<p>The purpose of this study is to investigate the role of regional government expenditure, workers&#8217; education level, and government expenditure for health and education sector in economic growth by using secondary data published by National Bureau of Statistics Indonesia. Panel data estimation approach was adopted to analyze the data. The result of the study shows that education contributes significantly to the improvement of labor productivity. Other findings indicate that the population has positive impacts on various aspects of human development and labor productivity while the total area owned by the local goverment has no effect on both of the two aspects aforementioned. It implies that human resource is an essential component for economic growth and for human development itself.<\/p>\n<p><strong>Keywords:<\/strong> Human Capital Investment, Government Expenditure, Fiscal Decentralization.<\/p>\n<p><strong>JEL classification:<\/strong> H51, H52, H72, H75<br \/>\n<em><a href=\"http:\/\/www.rsijournal.eu\/ARTICLES\/June_2016\/1.3.pdf\" target=\"_blank\" rel=\"noopener\">read more<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Losina PURNASTUTI Faculty of Economics Yogyakarta State University Kampus Karangmalang Yogyakarta 55281 Indonesia losina_purnastuti@uny.ac.id (Corresponding author) Bambang SUPRAYITNO Faculty of Economics Yogyakarta State University Kampus Karangmalang Yogyakarta 55281 Indonesia bambang_s@uny.ac.id SUGIHARSONO Faculty of Economics Yogyakarta State University Kampus Karangmalang Yogyakarta 55281 Indonesia sugiharsono@uny.ac.id Abstract The purpose of this study is to investigate the role of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[181],"tags":[258,257,256],"class_list":["post-2766","post","type-post","status-publish","format-standard","hentry","category-published","tag-fiscal-decentralization","tag-government-expenditure","tag-human-capital-investment"],"_links":{"self":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/2766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2766"}],"version-history":[{"count":3,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/2766\/revisions"}],"predecessor-version":[{"id":3810,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/2766\/revisions\/3810"}],"wp:attachment":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}