Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2023)

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Determinant Factors of Human Development and Its Impact on Level of Productivity in ASEAN Countries

Authors
Suhendi Ery Saputro1, *, Muhammad Zilal Hamzah1, Budi Santosa1
1Public Policy Studies, Universitas Trisakti, Jakarta, Indonesia
*Corresponding author. Email: saputro.suhendi@gmail.com
Corresponding Author
Suhendi Ery Saputro
Available Online 19 November 2023.
DOI
10.2991/978-94-6463-292-7_20How to use a DOI?
Keywords
Economy; Education Policy; Health Policy; Productivity; Human Development
Abstract

In ASEAN countries, human development and level of productivity are still diverse where several countries have achieved higher level of development while the others are still in the middle and low. Human development has three main aspects namely education, health, and the economy and therefore needs a holistic view including the aspect of economy, politics, and policy support. This study examines the influence of determinant factors of human development that includes the aspect of economy, politics, and public policies, and how human development influence productivity. This study uses data of ASEAN countries from 2002 to 2019 and utilizes panel regression method. The results show that foreign direct investment, industry, index of political stability and absence of violence/terrorism, voice and accountability index, health spending, education policy, and health policy have a significant and positive effect on the HDI. On the other hand, the index of maintained debt has a negative and significant effect on the HDI. This study also found that HDI has a positive and significant influence on the level of productivity. The results of this study can serve as a basis for consideration in improving human development and productivity particularly by maintaining economic and political stability and strengthening public policy support.

Copyright
© 2023 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 on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
19 November 2023
ISBN
10.2991/978-94-6463-292-7_20
ISSN
2352-5428
DOI
10.2991/978-94-6463-292-7_20How to use a DOI?
Copyright
© 2023 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  - Suhendi Ery Saputro
AU  - Muhammad Zilal Hamzah
AU  - Budi Santosa
PY  - 2023
DA  - 2023/11/19
TI  - Determinant Factors of Human Development and Its Impact on Level of Productivity in ASEAN Countries
BT  - Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2023)
PB  - Atlantis Press
SP  - 312
EP  - 332
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-292-7_20
DO  - 10.2991/978-94-6463-292-7_20
ID  - Saputro2023
ER  -