Effect of government education expenditure and economic growth of human development index asean 2010-2014

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Siti Nurjanah Dan Rahma Anggita

2017 International Journal of Economic Research Vol. 14 Issue 8 Review Cited by 0 SDG 4SDG 8SDG 16 Quartile

Abstract

This study aims to determine whether there is relationship between government spending in education and economic growth to human development in ASEAN index. The research data used in this study is shaped Panel from 2010-2014. by year. The analysis technique used is the regression analysis approach. The model used in this study is the selection of the best test Common Effects, Fixed Effects and Random Effects. The findings indicate relationship between education spending and economic growth on the human development index. Therefore, the need to improve the education sector expenditures and an increase in economic growth in the next year in order to establish the quality of community resources that are reliable, which in turn will increase productivity and support human development. © Serials Publications Pvt. Ltd.

Affiliations

Economic Faculty, State University of Jakarta, Jakarta, Indonesia

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