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All Journal International Journal of Applied Finance and Business Studies Jurnal Cendekia Ilmiah
Nasrullah Hidayat
Universitas Negeri Medan, Indonesia
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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Analysis of the demographic bonus influence on Gross Regional Domestic Product (GRDP) Aisyah Ameilia; Cut Aliyyah; Riky Aulia Rachman Marpaung; Uci Aulia Sinaga; Nasrullah Hidayat
International Journal of Applied Finance and Business Studies Vol. 11 No. 3 (2023): December: Applied Finance and Business Studies
Publisher : Trigin Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/ijafibs.v11i3.197

Abstract

This study aims to determine the influence of demographic bonus on GRDP in North Sumatra Province. Secondary data sourced from Central Bureau of Statistics (BPS) regarding the Demographic Bonus consisting of HDI, Dependency Ratio, Labor Force Participation Rate, and GRDP were used. The data included a panel of 33 districts/cities in North Sumatra for three years from 2020 to 2022. The analytical approach used in this study was Fixed Effect regression analysis. The findings reveal that HDI has a statistically significant and positive influence on GDP in North Sumatra. In contrast, the Dependency Ratio shows a statistically insignificant and negative impact on GRDP, while TPAK shows a statistically insignificant and positive impact on GRDP in North Sumatra.
Paradigma Baru Pengembangan Modal Manusia di Era Globalisasi dan Otomasi Nadya Nafisha; Hilkia Natasya Br. Ginting; Citra Wulandari Manik; Aulia Putri; Nasrullah Hidayat; Muhammad Bukhori Dalimunthe
J-CEKI : Jurnal Cendekia Ilmiah Vol. 5 No. 2: Februari 2026
Publisher : CV. ULIL ALBAB CORP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56799/jceki.v5i2.13428

Abstract

The era of globalization and automation has brought fundamental changes to the economic structure and work environment. The integration of digital technology, artificial intelligence (AI), and automation in industry has not only increased efficiency but also disrupted work practices and human needs. The purpose of this study is to analyze how the traditional paradigm of human development has been replaced by a new adaptive paradigm, which is in line with the challenges of the Industrial Revolution 4.0 and 5.0. The method used is literature research, which describes various national and international academic sources related to classical human capital theory (Schultz, 1961; Becker, 1964) to modern knowledge economics (Drucker, 1993; Romer, 1990). The results of the study show that human capital development currently involves synergy between technical expertise, digital literacy, critical thinking skills, creativity, cross-field collaboration, and work ethics in a digital environment. This new paradigm emphasizes the importance of lifelong learning, data literacy, and adaptability as the foundation for working effectively in a workplace disrupted by technology. The success of Indonesia's demographic bonus and economic transformation is linked to the ability of the government and educational institutions to improve the education system, increase digital literacy, and strengthen intercultural understanding. This study suggests that human development centered on innovation, creativity, and digital literacy is the primary means of ensuring inclusive and resilient economic growth in the era of globalization and automation.
Co-Authors Aisyah Ameilia Aulia Putri Citra Wulandari Manik Cut Aliyyah Hilkia Natasya Br. Ginting Muhammad Bukhori Dalimunthe Nadya Nafisha Riky Aulia Rachman Marpaung Uci Aulia Sinaga