Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)

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Exploring The Impact of Human Capital, Education, and Health Expenditure on Inclusive Growth in Indonesia

Authors
Dwi Rahmayani1, *, Dyah Maya Nihayah1, Grace Natalia Marpaung1, Annis Nurfitriana Nihayah1, Nur Janah Wariyanti1
1Departement of Development Economics, Universitas Negeri Semarang, Semarang, Indonesia
*Corresponding author. Email: dwirahmayani@mail.unnes.ac.id
Corresponding Author
Dwi Rahmayani
Available Online 4 October 2024.
DOI
10.2991/978-94-6463-522-5_19How to use a DOI?
Keywords
Education; Health Expenditure; Human Capital; Inclusive Growth
Abstract

This research analyzes physical capital, human capital, education, and health expenditure on inclusive economic growth, with data from 33 provinces in Indonesia from 2011-2023. Inclusive economic growth is measured using the Inclusive Economic Development Index. This research used the panel data regression with a fixed effect model to study Gross Fixed Capital Formation, educated labor, uneducated labor, education, and health sector expenditure on inclusive economic growth. This research found that Gross Fixed Capital Formation and educated labor significantly impact inclusive economic growth. Therefore, uneducated labor, education, and health sector expenditures do not significantly impact inclusive economic growth. This paper suggests increasing sustainable investment and equalizing investment. Second, the budget for education and health should be increased. Third, investment in the productive sector must be increased to improve the quality of labor.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2024
ISBN
978-94-6463-522-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-522-5_19How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Dwi Rahmayani
AU  - Dyah Maya Nihayah
AU  - Grace Natalia Marpaung
AU  - Annis Nurfitriana Nihayah
AU  - Nur Janah Wariyanti
PY  - 2024
DA  - 2024/10/04
TI  - Exploring The Impact of Human Capital, Education, and Health Expenditure on Inclusive Growth in Indonesia
BT  - Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
PB  - Atlantis Press
SP  - 237
EP  - 244
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-522-5_19
DO  - 10.2991/978-94-6463-522-5_19
ID  - Rahmayani2024
ER  -