Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Signifikan : Jurnal Ilmu Ekonomi
Mohd Nasir bin Mohd Saukani
Universiti Kebangsaan Malaysia
Economics, Econometrics & Finance

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

Found 1 Documents
Search

 1 
Do Education Investment and Welfare of Labor Affect Productivity Growth in Indonesia? Rizqon Halal Syah Aji; Roziana Baharin; Ishak Yussof; Mohd Nasir bin Mohd Saukani
Signifikan: Jurnal Ilmu Ekonomi Vol 11, No 2 (2022)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v11i2.26401

Abstract

Increasing the education budget in Indonesia has become the focus of economic politics because it is a fundamental issue. Education, as a significant component of labor productivity, plays a vital role in driving the welfare of the workforce due to the increase in the Total Factor Productivity (TFP). This paper aims to test the quality of tertiary education by using World Bank and APO data. This paper provides an overview of tertiary education that influences TFP when juxtaposed with several other control variables and uses the ARDL (Autoregressive Distributed Lag) test. The results show that TFP growth is significantly positively affected by the improvement of tertiary education quality and production capital but is significantly affected by the welfare of the workforce. This study implies that the government must allocate an adequate budget to improve education quality in Indonesia.How to Cite:Aji, R. H. S., Baharin, R., Yussof, I., & Mohd Saukani, M. N. (2022). Do Education Investment and Welfare of Labor Affect Productivity Growth in Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(2), 273-288. https://doi.org/10.15408/sjie.v11i2.26401.
Co-Authors Ishak Yussof Rizqon Halal Syah Aji, Rizqon Halal Roziana Baharin