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All Journal Jurnal Ilmiah Mahasiswa FEB
Putra, Alessandro Dwirendra Hadiawan
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ANALYSIS OF THE INFLUENCE OF HUMAN CAPITAL ON ECONOMIC GROWTH IN ASEAN COUNTRIES Putra, Alessandro Dwirendra Hadiawan
Jurnal Ilmiah Mahasiswa FEB Vol. 10 No. 1
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

Every country or region must have good development to create a future for its people. Economic factors, natural resources, human resources, health, technology, and infrastructure will influence a country's economy. This research aimed to determine the extent of the impact of human capital on the economy in ASEAN. This research employed a quantitative method using secondary data from 2009-2019 in three countries. The analysis used was panel data regression analysis. This research indicates that human resources, which include labor and life expectancy, have a positive and significant influence. The level of education has a significant negative effect on economic growth. The factor that has the dominant influence on the economic growth of ASEAN countries is labor.Keywords: human capital, labor, education level, life expectancy, economic growth
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