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:	eng eng eng
Published:	2017
Subjects:	T58.5-58.64 Information technology HB Economic Theory
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
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id	my-uum-etd.9034
record_format	uketd_dc
spelling	my-uum-etd.90342022-01-31T02:01:51Z Kesan pelaburan modal insan, R&D dan ICT ke atas pertumbuhan ekonomi Indonesia 2017 ,, Aiyub Ismail, Russayani Lim, Hock Eam School of Economics, Finance & Banking School of Economics, Finance & Banking 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 https://etd.uum.edu.my/9034/ https://etd.uum.edu.my/9034/1/s91793_01.pdf text eng public https://etd.uum.edu.my/9034/2/s91793_02.pdf text eng public https://etd.uum.edu.my/9034/3/s91793_references.docx text eng public other doctoral Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Ismail, Russayani Lim, Hock Eam
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
qualification_name	other
qualification_level	Doctorate
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
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
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
_version_	1747828512977321984

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

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