 DYNAMICS OF GROWTH, POVERTY AND HUMAN CAPITAL: EVIDENCE FROM INDONESIAN SUB-NATIONAL DATAIndunil De Silva and Sudarno Sumarto () Journal of Economic Development, 2015, vol. 40, issue 2, 1-33 Abstract: The aim of this study is twofold. First, despite the vast empirical literature on testing the neoclassical model of economic growth using cross-country data, very few studies exist at the sub-national level. We attempt to fill this gap by utilizing panel data over the 2002-2012 period, a modified neoclassical growth equation, and a dynamic panel estimator to investigate the effect of both health and education capital on economic growth and poverty at the district level in Indonesia. Secondly, whilst most existing cross-country studies tend to concentrate only on education as a measure of human capital, we expand the analysis and probe the effects of health capital as well. As far as we are aware, no study has done a direct and comprehensive examination of the impacts of health on growth and poverty at the sub-national level. Thus this study is a premier at the sub-national level, and our findings will be particularly relevant in understanding the role of both health and education capital in accelerating growth and poverty reduction efforts. Keywords: Neoclassical Growth; Poverty; Human Capital; Health; Education; Dynamic Panel (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:jed:journl:v:40:y:2015:i:2:p:1-33 Access Statistics for this article Journal of Economic Development is currently edited by Sung Y. Park More articles in Journal of Economic Development from Chung-Ang Unviersity, Department of Economics Contact information at EDIRC. |
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