Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan Publik
Achmad Rifa'i
Kedeputian Bidang Ekonomi, Kementerian Perencanaan Pembangunan Nasional/Bappenas, Jakarta
Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
ANALISIS DAMPAK PENGELUARAN PEMERINTAH DI BIDANG PENDIDIKAN TERHADAP PDB PER KAPITA: SPENDING MORE OR SPENDING BETTER Achmad Rifa'i; Ganiko Moddilani
Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan Publik Vol 6 No 3 (2021): Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan
Publisher : Direktorat Jenderal Perbendaharaan, Kementerian Keuangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33105/itrev.v6i3.370

Abstract

Government spending is the first way to create quality human resources through budget allocation commitments in the education sector. In turn, a labor market filled with quality human resources will encourage welfare and productivity and it will impact the national economy. This study aims to analyze the relationship of government spending in education to the aggregate welfare proxied using GDP per capita. This study used time-series data 1980-2018 from World Development Indicators (WDI) World Bank. Vector Error Correction Model (VECM) is employed to analyze the government spending in the education sector to the welfare. Empirically, the findings of this study reveal that government spending in the education sector affects aggregate welfare with a little magnitude. The issue of equity and disparity in fiscal capacity among regions is the main matter. On the other side, Geographic, social, cultural, and population conditions are challenges that must be solved by the government.
Co-Authors Ganiko Moddilani