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Journal : ASEAN Journal on Science and Technology for Development

Spurring Economic Growth in Terms of Happiness, Human Development, Competitiveness and Global Innovation: the ASEAN Case Saida Zainurossalamia ZA; Siti Amalia; Dio Caisar Darma; Musdalifah Azis
ASEAN Journal on Science and Technology for Development Vol. 38 No. 1 (2021): A New Perspective on Development
Publisher : Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29037/ajstd.653

Abstract

Happiness, human development, level of competitiveness, and capacity in innovation all play an important role in spurring long-term sustainable economic growth. This study presents the relationship between these factors—happiness, human development, competitiveness, and innovation in the ASEAN region—in how they influence economic growth. To date, there has been a lack of research on this specific issue, and thus it is an interesting and little-known one to study. Panel data were used comprising a combination of time series and cross-sections. The object of the study was ASEAN member countries using the multiple linear regression method. For the years of 2013–2019, we found that overall economic growth had a real impact. The results showed that human development and global innovation are two-way related to economic growth (positive and significant). Conversely, there was an insignificant influence of happiness and competitiveness on economic growth. Competitiveness, in particular, can reduce the level of economic growth. The policy considerations pursued by countries in ASEAN are through the respective governments’ strategic steps to improve the productivity of their populations, because human resources are needed not only as objects but actors in economic activities themselves in managing development.
Co-Authors Aditya Wiranatha Ahyani Nhara Akhmad Tirta Yasa Anggara Ardi Nugroho Anis Rachma Utary Anis Rachma Utary Anis Rachma Utary Anis Rachma Utary ANITA KARLINA Ardi Paminto Ariesta Heksarini Asma Rian Sari Asnawati Asnawati Audita, Atika Yasyfa Azzam Fuadudin Dhiyaurrahman Darmalaksana, Dedy Defung, F. Devi Indra Wahyuni Dewi Indayati Diana Lestari Dio Caisar Darma Dirga Lestari Djoko Setyadi DODDY Doddy Adhimursandi Echa HIKMAWATI SUNDARI Eka Damayanti Eka Uhrotun Nisa Emil Salim Exsha Tri Tut Wuri Handayani Felisitas Defung Hairunnisa Hairunnisa Hakim, Yundi Permadi Haribowo, Rio Haryanto Haryanto Heksarini, Ariesta Hervian Wahyudi Hidayat, La Rahmad Ichwan Nur Ihsan Ihsan, Ichwan Nur Indah Fitriani Indra Rukmana Indriani, Henny Jaafar, Muhammad Sukar Justina Ade Judiarni Karni Sia La Rahmad Hidayat Mar'atus Salikah Marwah Marwah Megawati Megawati Michael Hadjaat Michael Hadjat Mochammad Arif Budiono Muhammad Gunawan Muhammad Herru Hendrawan Muhammad Qodri Muktiyanto, Ali Nensy Parabak NILAM KOROMPOT Noorlisa Noorlisa Nurpaisari Nurpaisari Purba, Pristisani PURWO HERIANTO Putra, Yoga Merdeka Resty Nurwinda Riska Riska Rizky Yudaruddin Rosita Wati ROTUA JUNIATI SITORUS Rusdiah Iskandar Sadaruddin, Nur Santhy Putri Arizandy Sesinoprita Idin Sidiq, Syahrurramadhan Siti Amalia Siti Maria Siti Saudah Suryaningsi Suryaningsi Syarifah Lubna Kautsar A Trimayu Novita Walikram, Abdullah Dzuljalali Yana Ulfah Yonathan Pongtuluran ZA, Saida Zainurossalamia Zainal Ilmi Zainal Ilmi Zainal Ilmi