Open AccessImpact Human Capital Development on Poverty Alleviation and Social Inequality in Riau of Island, Indonesia
Author(s) -
Nurmala Dewi,
Rahmayandi Mulda
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.c1212.1083s219
Subject(s) - poverty , economics , inequality , per capita , human capital , development economics , per capita income , granger causality , social capital , economic inequality , human development (humanity) , error correction model , economic growth , demographic economics , cointegration , econometrics , political science , population , sociology , mathematics , mathematical analysis , demography , law
The purpose of this study is to impact of human capital development on poverty alleviation and social inequality is important, given its policy implications especially with respect to the developing countries particularly in Indonesia. The study examines the relationship between some elements of human capital development, poverty alleviation, and social inequality. It investigates the causal relationship between the human capital development explicitly measured on through targeted social assistence and its impact on poverty alleviation and social inequality measured by per capita income over the period of time stated. The study uses Granger causality test through a vector error correction mechanism (VECM), to determine whether the elements of through targeted social assistence of any precedence or effect(s) on per capita income.