JEJAK
Vol 14, No 1 (2021): March 2021

Education Equality and Economic Growth in Indonesia

Sabur, Ambuy (Unknown)
Khusaini, Khusaini (Unknown)
Ramdani, Heni Cahya (Unknown)



Article Info

Publish Date
31 Mar 2021

Abstract

Last decade, Indonesia's economic growth experienced a downward trend. The study examines the role of investment, equality in education, poverty, income inequality, and regime to economic growth in Indonesia. We used time-series data between 1970-2017. It was obtained from BPS and World Bank (Indodapur) publications. The model used is the Weighted Least Square Regression (WLS). The results showed the factors that contributed significantly to increasing Indonesia's economic growth were education equality, poverty, and income inequality. While investment/capital, economic transparency, and the regime did not significantly contribute to increasing economic growth. Expanding access to education for high school or equivalent is important by the Government, including the development of school infrastructure in remote areas and teacher distribution. The Government should maintain the poverty trend that continues to decline. The future study dynamic models look at the long-term relationships related to education equality, distribution of income, and poverty on economic growth.

Copyrights © 2021






Journal Info

Abbrev

jejak

Publisher

Subject

Economics, Econometrics & Finance

Description

JEJAK: Jurnal Ekonomi dan Kebijakan p-ISSN 1979-715X | e-ISSN 2460-5123 is a scientific journal that contains the results of research and theoretical studies in the field of economic development, especially on matters of economic policy in Indonesia was published by the Department of Economic ...