The influence of macroeconomic variables, processing industry, and education services on economic growth in Indonesia

Nano Prawoto () and Agus Tri Basuki ()
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Nano Prawoto: Muhammadiyah University of Yogyakarta, Indonesia
Agus Tri Basuki: Muhammadiyah University of Yogyakarta, Indonesia

Entrepreneurship and Sustainability Issues, 2020, vol. 8, issue 1, 1029-1040

Abstract: This study aims to look at the effect of Human Development Index (HDI), consumption, investment, and imports on economic growth in Indonesia and especially in the Province of Yogyakarta from 2010 to 2018. The research model used was panel data. The findings showed that HDI had a negative influence on economic growth. This happens because the education fee and health costs are expensive in Indonesia. Other findings implied that the number of imported goods did not have an influence on economic growth in the Special Province of Yogyakarta. Therefore, this issue needs to be studied seriously since it will have an impact on unemployment.

Keywords: Human Development Index; consumption; investment; imports; economic growth (search for similar items in EconPapers)
JEL-codes: E27 E44 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:8:y:2020:i:1:p:1029-1040

DOI: 10.9770/jesi.2020.8.1(69)

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