Quantitative Economics Journal
Vol. 13 No. 1 (2024): APRIL 2024

DETERMINANTS OF ECONOMY AND HUMAN DEVELOPMENT: A DECADE OF PROVINCES IN INDONESIA

Parwangsa, Baiq Dwi Indar (Unknown)
Fadliyanti, Luluk (Unknown)
Anggara, Jaka (Unknown)



Article Info

Publish Date
04 Jun 2024

Abstract

ABSTRACT This study investigates how various factors affect the Human Development Index (HDI) across Indonesian provinces. It analyzes data from 30 provinces between 2013 and 2022, examining the influence of infrastructure, economic well-being (GRDP per capita), access to clean water and electricity, and unemployment and poverty rates. To account for overlapping factors, the research employs panel data regression with specific techniques to address multicollinearity. The results show that infrastructure investment and economic growth (GRDP per capita) significantly improve provincial HDI. This underlines the importance of prioritizing infrastructure development and inclusive economic strategies to achieve a better overall quality of life for Indonesians. Keywords: Human Development Index, Infrastructure, Indonesia, Ordinary Least Squares, Principal Component Analysis.

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Journal Info

Abbrev

qe

Publisher

Subject

Economics, Econometrics & Finance

Description

This journal is contained with the articles that cover the economics area that derived from the research and engineering ideas that are quantitative. The viewers, authors and future authors that expressed in this publication do not necessarily reflect the Department of Economics, Post Graduate ...