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DAMPAK INVESTASI SUMBERDAYA MANUSIA TERHADAP PERTUMBUHAN EKONOMI DAN KEMISKINAN DI INDONESIA: PENDEKATAN MODEl COMPUTABLE GENERAL EQUILIBRIUM (The Impact of Human Capital Investment on Economic Growth and Poverty in Indonesia: Computable general Equlibrium Model Approach)

DAMPAK INVESTASI SUMBERDAYA MANUSIA TERHADAP PERTUMBUHAN EKONOMI DAN KEMISKINAN DI INDONESIA: PENDEKATAN MODEl COMPUTABLE GENERAL EQUILIBRIUM (The Imp

DAMPAK INVESTASI SUMBERDAYA MANUSIA TERHADAP PERTUMBUHAN EKONOMI DAN KEMISKINAN DI INDONESIA: PENDEKATAN MODEl COMPUTABLE GENERAL EQUILIBRIUM (The Impact of Human Capital Investment on Economic Growth and Poverty in Indonesia: Computable general Equlibrium Model Approach)  
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The research objectives are to analyze impact of human capital investment on economic growth and poverty incidence in Indonesia. Analysis is using a combination of Computable General Equilibrium (CGE) Model and Foster-Greer-Thorbecke method. The human capital investment is represented by government expenditure for education and health. The simulation results show that human capital investment is able to increase economic growth and household income. Head count index, poverty gap index and poverty severity index also decrease except for non-labor household group in the urban area. Human capital investment for education gives more benefit to household in rural area than those in urban area, especially for farm-laborer and agriculture entrepreneur household groups in the rural area, while investment for health gives more benefit to non-agricultural high income household group in urban area.
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