Jurnal Ekonomi Kuantitatif Terapan
Vol 17 No 2 (2024): Vol. 17, No. 2, Agustus 2024 (pp.156-369)

Post Covid-19 Pandemic Economic Growth With Human Capital As A Long Term Drive

Lambok DR Tampubolon (Faculty of Economics, Krida Wacana Christian University, Indonesia)



Article Info

Publish Date
28 Aug 2024

Abstract

The latest direction in development economics research both at home and abroad is starting to reduce the use of convoluted analytical models. Using too many variables but with unclear causality will actually complicate the analysis and produce results that are not necessarily good and correct. There are quite a lot of scientific work findings that use dozens of variables, with statistically significant results, but if you examine the relationship many questions arise such as "How can x have a relationship with y?" or “Doesn't y affect x, and not vice versa?” or what is known as reverse causality. Causality between variables must be supported by a strong and in-depth theoretical basis—not to show that the increase in the number of giraffes in Australia affects Indonesia's GDP—and the existence of this relationship must be free from sources of bias.

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Journal Info

Abbrev

jekt

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Kuantitatif Terapan is an academic journal focused on publishing empirical research papers, with a particular emphasis on the use of quantitative analysis tools—such as econometrics, parametric and non-parametric statistics, descriptive statistics, input-output analysis, computable ...