The Impact of Physical and Human Capital on the Economic Growth of Agricultural Sector in South Sumatera

Syamsurijal Abdul Kadir, Azwardi, Rulyanti Susi Wardhani, Nurkardina Novalia and Ahmad Maulana
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Syamsurijal Abdul Kadir: Universitas Sriwijaya, Fakultas Ekonomi, Palembang, Indonesia,
Azwardi: Universitas Sriwijaya, Fakultas Ekonomi, Palembang, Indonesia,
Rulyanti Susi Wardhani: Universitas Bangka Belitung, Fakultas Ekonomi, Pangkalpinang, Indonesia,
Nurkardina Novalia: Universitas IBA, Fakultas Ekonomi, Palembang, Indonesia,
Ahmad Maulana: Universitas Sriwijaya, Fakultas Ekonomi, Palembang, Indonesia.

International Journal of Economics and Financial Issues, 2018, vol. 8, issue 4, 322-326

Abstract: South Sumatra province is one of the provinces with major potential in the agricultural sector which is accounted for 16.60% in the gross domestic product (GDP) formation, it is necessary efforts so that the production of the agricultural sector can be maintained and improved. The purpose of this study is to analyze the effect of the agricultural sector capital expenditure (physical capital) and education, health, and labor (human capital) to economic growth in South Sumatra. The data used in this study are the panel data which are time series and cross section in 14 districts/cities in South Sumatra. The research using linear regression analysis method with fixed effect model. The analysis showed education, health, labor and agriculture sector capital spending has significant positive effect on economic growth as measured by the agricultural sector GDP.

Keywords: Capital Expenditure; Education; Health; Employment; Economic Growth (search for similar items in EconPapers)
JEL-codes: I15 I25 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)

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