Jurnal Ilmiah Mahasiswa FEB
Vol. 10 No. 1

ANALYSIS OF THE INFLUENCE OF HUMAN CAPITAL ON ECONOMIC GROWTH IN ASEAN COUNTRIES

Putra, Alessandro Dwirendra Hadiawan (Unknown)



Article Info

Publish Date
24 Nov 2021

Abstract

Every country or region must have good development to create a future for its people. Economic factors, natural resources, human resources, health, technology, and infrastructure will influence a country's economy. This research aimed to determine the extent of the impact of human capital on the economy in ASEAN. This research employed a quantitative method using secondary data from 2009-2019 in three countries. The analysis used was panel data regression analysis. This research indicates that human resources, which include labor and life expectancy, have a positive and significant influence. The level of education has a significant negative effect on economic growth. The factor that has the dominant influence on the economic growth of ASEAN countries is labor.Keywords: human capital, labor, education level, life expectancy, economic growth

Copyrights © 2021