IJEBD (International Journal Of Entrepreneurship And Business Development)
Vol 4 No 5 (2021): September 2021

Education, Health and Technology in Indonesia's Economic Recovery Efforts Based on Three Human Performance Theory

Sebastiana Viphindrartin (Economics Department, Faculty of Economics and Business, University of Jember,Indonesia)
suryaning Bawono (STIE Jaya Negara Tamansiswa Malang)



Article Info

Publish Date
30 Sep 2021

Abstract

This study aims to examine the gap between human capital theory and allocation theory in Indonesia to see the dominant factors driving economic growth by making the solow theory a bridge theory or an intermediary between the gap between human capital theory and allocation theory. In order to understand and test the human capital theory and allocation theory in Indonesia, testing is carried out using the autoregressive threshold quantitative method. The use of the autoregressive Threshold quantitative method aims to see the behaviour of data from the education, health and technology variables so that it can be seen clearly that the dominance of the economic growth drive comes from human capital or from the human side in accordance with the explanation of human theory or from the outside of the human self and in this study technology as explained by the allocation theory. We find that in Indonesia, the role of human capital is very important because human capital in the case of Indonesia is a major factor in driving economic growth and technology plays a role as a supporter of human performance. This is in accordance with the human capital theory and does not support the allocation theory

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Journal Info

Abbrev

ijebd

Publisher

Subject

Economics, Econometrics & Finance

Description

Focus and Scope IJEBD International Journal of Entrepreneurship and Business Development is an international, peer-reviewed journal publishing articles on all aspects of Entrepreneurship and Business Development. All accepted articles will be published on payment of an article-processing charge, and ...