THE CONTRIBUTION OF HUMAN CAPITAL AND STRUCTURAL CHANGE TO EAST JAVA’S ECONOMIC GROWTH: | Zendy

Listiono Listiono Listiono | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

THE CONTRIBUTION OF HUMAN CAPITAL AND STRUCTURAL CHANGE TO EAST JAVA’S ECONOMIC GROWTH:

Author(s) -

Listiono Listiono Listiono

Publication year - 2019

Publication title -

east java economic journal

Language(s) - English

Resource type - Journals

eISSN - 2830-2001

pISSN - 2597-8780

DOI - 10.53572/ejavec.v3i2.41

Subject(s) - human capital , generalized method of moments , estimation , java , economics , structural change , panel data , physical capital , capital deepening , labour economics , demographic economics , monetary economics , financial capital , macroeconomics , capital formation , econometrics , economic growth , management , computer science , programming language

This paper investigates the effect of human capital and structural changes on economic growth in East Java using panel data from 38 districts/cities during 2010-2015. The estimation results using the Generalized Method of Moment (GMM) Arellano-Bond show that health and education as indicators of human capital have a positive and significant effect on economic growth. In addition, structural changes as measured by the share of labor, especially in the industrial, construction, and services sectors have a positive and significant impact on economic growth. Interestingly, this study found evidence that structural changes have a greater effect than human capital.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research