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All Journal International Journal of Business, Law, and Education Jurnal Pendidikan Buddha dan Isu Sosial Kontemporer (JPBISK) Jurnal Pendidikan Buddha dan Isu Sosial Kontemporer (JPBISK) West Science Business and Management Indo-Fintech Intellectuals: Journal of Economics and Business West Science Journal Economic and Entrepreneurship West Science Interdisciplinary Studies West Science Interdisciplinary Studies The Eastasouth Journal of Social Science and Humanities Jurnal Pendidikan Buddha dan Isu Sosial Kontemporer (JPBISK)
Joko Sangaji
Fakultas Ekonomi Dan Bisnis Universitas Kristen Immanuel, Yogyakarta
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Neuroscience Social Sciences Other

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Journal : West Science Business and Management

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Impact of Government Spending on Education, Infrastructure Investment, Health Expenditure, and Technology Investment on Economic Growth in Indonesia Sangaji, Joko
West Science Business and Management Vol. 1 No. 05 (2023): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v1i05.677

Abstract

This study examines how government expenditures on infrastructure, health care, education, and technology affect Indonesia's economic expansion. An analysis of Structural Equation Modeling - Partial Least Squares (SEM-PLS) was done using a quantitative methodology on a sample of 250 people that included academics, business representatives, government officials, and members of the general public. The structural model analysis showed a strong positive correlation between government spending on infrastructure, health, education, and technology and its effect on economic growth, while the measurement model evaluation validated the validity and reliability of the survey instrument. The model fit was deemed adequate based on the goodness-of-fit indices. The results highlight how important investments in technology and education are in promoting economic growth, with infrastructure and healthcare spending playing a major impact as well. These findings offer policymakers insightful information that supports a targeted, balanced approach to government spending for Indonesia's sustainable economic growth.
Co-Authors Amalia , Mekar Meilisa Andarmoyo, Sulistyo Asriandi, Asriandi Dheo Rimbano Dito Anurogo, Dito Emdat Suprayitno Iwan Harsono Judijanto, Loso Ladjin, Nurjanna Lamirin Lamirin Lisniasari Lisniasari Muntasir, Muntasir Nur, Rezeki Sitompul, Gabriel Amadeus Utama, Ahmad Nur Budi Warastuti, Diah Wilanda, Alifah