Human capital and gender development in economic growth: A case study of Sumatera Barat, 2010–2022
This study analyzes the impact of the Human Development Index (HDI), Gender Development Index (GDI), and unemployment rate on economic growth in Sumatra Barat from 2010 to 2022. Economic growth, measured by Gross Regional Domestic Product (GRDP) per capita, reflects regional welfare. It is essentia...
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| Language: | English |
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Master Program in Economics, Graduate Program of Universitas Jambi
2024-12-01
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| Series: | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
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| Online Access: | https://online-journal.unja.ac.id/JES/article/view/37777 |
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| author | Fita Dinda Ratih Ramadhani |
| author_facet | Fita Dinda Ratih Ramadhani |
| author_sort | Fita Dinda |
| collection | DOAJ |
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This study analyzes the impact of the Human Development Index (HDI), Gender Development Index (GDI), and unemployment rate on economic growth in Sumatra Barat from 2010 to 2022. Economic growth, measured by Gross Regional Domestic Product (GRDP) per capita, reflects regional welfare. It is essential to understand the factors influencing it, particularly the quality of human resources and employment opportunities. According to data from BPS, economic growth in Sumatera Barat remains low compared to other provinces on the island of Sumatra. This study employs a dynamic panel data model using the Generalized Method of Moments (GMM) approach to address potential endogeneity issues arising from the reciprocal relationship between independent variables and economic growth. The findings indicate that HDI has a positive and significant effect on economic growth, suggesting that improvements in education, healthcare, and living standards contribute to economic expansion in Sumatera Barat. Similarly, GDI has a significant positive effect, highlighting the crucial role of gender equality in human development and driving economic growth. In contrast, the unemployment rate has a negative and significant impact, demonstrating that high unemployment hinders regional economic progress.
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| format | Article |
| id | doaj-art-4f73be0b17e5418bbd240f48801f75e5 |
| institution | Kabale University |
| issn | 2338-4603 2355-8520 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Master Program in Economics, Graduate Program of Universitas Jambi |
| record_format | Article |
| series | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| spelling | doaj-art-4f73be0b17e5418bbd240f48801f75e52025-02-06T08:36:16ZengMaster Program in Economics, Graduate Program of Universitas JambiJurnal Perspektif Pembiayaan dan Pembangunan Daerah2338-46032355-85202024-12-0112510.22437/ppd.v12i5.37777Human capital and gender development in economic growth: A case study of Sumatera Barat, 2010–2022Fita Dinda0Ratih Ramadhani1Department of Economics, Faculty of Economics and Business, Universitas Andalas IndonesiaDepartment of Economics, Faculty of Economics and Business, Universitas Andalas Indonesia This study analyzes the impact of the Human Development Index (HDI), Gender Development Index (GDI), and unemployment rate on economic growth in Sumatra Barat from 2010 to 2022. Economic growth, measured by Gross Regional Domestic Product (GRDP) per capita, reflects regional welfare. It is essential to understand the factors influencing it, particularly the quality of human resources and employment opportunities. According to data from BPS, economic growth in Sumatera Barat remains low compared to other provinces on the island of Sumatra. This study employs a dynamic panel data model using the Generalized Method of Moments (GMM) approach to address potential endogeneity issues arising from the reciprocal relationship between independent variables and economic growth. The findings indicate that HDI has a positive and significant effect on economic growth, suggesting that improvements in education, healthcare, and living standards contribute to economic expansion in Sumatera Barat. Similarly, GDI has a significant positive effect, highlighting the crucial role of gender equality in human development and driving economic growth. In contrast, the unemployment rate has a negative and significant impact, demonstrating that high unemployment hinders regional economic progress. https://online-journal.unja.ac.id/JES/article/view/37777Gender Development IndexGRDP per capitaSystem GMMHuman Development IndexUnemployment rate |
| spellingShingle | Fita Dinda Ratih Ramadhani Human capital and gender development in economic growth: A case study of Sumatera Barat, 2010–2022 Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Gender Development Index GRDP per capita System GMM Human Development Index Unemployment rate |
| title | Human capital and gender development in economic growth: A case study of Sumatera Barat, 2010–2022 |
| title_full | Human capital and gender development in economic growth: A case study of Sumatera Barat, 2010–2022 |
| title_fullStr | Human capital and gender development in economic growth: A case study of Sumatera Barat, 2010–2022 |
| title_full_unstemmed | Human capital and gender development in economic growth: A case study of Sumatera Barat, 2010–2022 |
| title_short | Human capital and gender development in economic growth: A case study of Sumatera Barat, 2010–2022 |
| title_sort | human capital and gender development in economic growth a case study of sumatera barat 2010 2022 |
| topic | Gender Development Index GRDP per capita System GMM Human Development Index Unemployment rate |
| url | https://online-journal.unja.ac.id/JES/article/view/37777 |
| work_keys_str_mv | AT fitadinda humancapitalandgenderdevelopmentineconomicgrowthacasestudyofsumaterabarat20102022 AT ratihramadhani humancapitalandgenderdevelopmentineconomicgrowthacasestudyofsumaterabarat20102022 |