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Nunung Nuryartono
Department Of Economics, Faculty Of Economics And Management, Bogor Agricultural University Kamper Road, Wing 4 Level 5, Campus Of IPB Darmaga Bogor 16680
Agriculture, Biological Sciences & Forestry Humanities Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Environmental Science Industrial & Manufacturing Engineering Materials Science & Nanotechnology Social Sciences Other

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Journal : Economic Development Analysis Journal

 1 
Economic Complexity and Sustainable Growth in Developing Countries Lilis Hoeriyah; Nunung Nuryartono; Syamsul Hidayat Pasaribu
Economics Development Analysis Journal Vol 11 No 1 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v11i1.47294

Abstract

Most developing countries in this study are middle to low-income countries that have a relatively low economic complexity. This study aims to analyze the effect of the economic complexity on economic growth in 86 developing countries in 2010-2019. The method used is the Generalized Method of Moments (GMM) to capture dynamic panel analysis. The estimation results using the System GMM show that economic complexity has a positive effect on economic growth in developing countries. Increasing economic complexity encourages a structural transformation through high value-added economic sectors' creation to produce more complex products for earning a higher income. Human capital does not have a significant effect on economic growth because developing countries have relatively low-quality workers both in terms of education and health. The human capital development and government spending on the health sector are necessary to accelerate sustainable economic growth.
Co-Authors ., Harianto Achsani, Noer Azham Adila, Dara Adler H. Manurung Aji Hamim Wigena Akhmad Fauzi Alfian Helmi Alfiana Ainurrahma Amzul Rifin Aprilia Sukmawati Arief Daryanto Arif Satria ASEP SAEFUDDIN Bambang Juanda Bambang Siswaji Bang Bangsawan Bintan Badriatul Ummah Bonar M. Sinaga Budi Purwanto Bunasor Sanim Bustanul Arifin Bustanul Arifin Carunia Mulya Firdausy Dara Adila Desak Putu Ristami Paramita Dewi Rohma Wati Dian Verawati Panjaitan Didin Hafidhuddin MS Dudung Darusman Duhita Herlyn Lusiya Dwi Rachmina Dwirayani, Dina E. Gumbira-Said Eddi Wahyudi Eddi Wahyudi, Eddi Eka Intan KP Eka Intan Kumala Putri Erliza Noor Eva Anggraini Faizul Mubarok Farida Farida Fikrotus Salma, Dzikrina Gumbira Sa'id Guruh Herman Harianto . Harianto Harianto Harianto Harianto Helentina Situmorang Heriyanto S Soba Herlambang, Resandy Hermanto Siregar Hermanto Siregar Hoeriyah, Lilis Hutagaol, Manuntun Paruliah Imam Teguh Saptono Imam Wahyudi Iman Widhiyanto Iman Widhiyanto Ingratubun, Muhammad A Irfan Syauqi Beik Isventina Isventina JAENAL EFFENDI Koes Pranowo Lay, Jann Lilis Hoeriyah Luh Putu Ratna Sundari Lukytawati Anggraeni M. Efendi Arianto Mandar Oak Masbantar Sangadji Muhammad Fazri Muhammad Gunawan Sani Saputro Muhammad Said Didu Nana Rodiana Nidaa Nazaahah Kusumawati Nimmi Zulbainarni Nunung Kusnadi Nurul Taufiqu Rochman Nurwati, Etty Oak, Mandar Ono Juarno Rachman, Muhammad Ibrahim Ratna Winandi Rina Oktaviani Rina Oktaviani Rochman, E, Nurul Taufiqu Rokhani Hasbullah Sa’id, Gumbira Salahuddin El Ayyubi Silaban, Maman Kurniawan Syahputra Sinaga, Bonar M. Sinaga, Roeskani Siska Fibriliani Sahat Sri Hartoyo Sri Hartoyo Suarsih, Siti Syamsul Hidayat Pasaribu Syarifah Amaliah Tauhid Ahmad Tobing, Adil Toni Bakhtiar Tony Liwang Triane Widya Anggriani Trias Andati Ungkap Pasaribu Vionencia P.S. Faria Freitas Wibisono Chandra Widhiyanto, Iman Widyastutik Yandra Arkeman Yani Mulyaningsih Zednita Azriani Zednita Azriani Zednita Azriani Zenal Asikin