Education Equality and Economic Growth in Indonesia

Sabur, Ambuy; Khusaini, Khusaini; Ramdani, Heni Cahya

doi:10.15294/jejak.v14i1.26162

Cited by 4 publications

(4 citation statements)

References 42 publications

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“…Thus, higher levels of education, ceteris paribus, contribute more to economic growth than lower levels of schooling. In a knowledge-based economy, human capital is a major building block for the sustainable growth path (Harmon et al, 2003;Nedic et al, 2020;Nowak & Dahal, 2016;Sabur et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Government Education Funding and Government Higher Education Investment in Uganda

ALANI,

ATUHAIRWE,

L. OKODEL

2024

UHERJ

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The paper examines the relationships between government funding of education and government investment in higher education in Uganda during the 2005 to 2020 period. The major hypotheses of the study are that government funding of higher education (GHE) depends on government investment in education (GIE) and the reverse is true. During the given period, government spending on education as a percentage of GDP for Uganda was on average 2%, while the world average was 4% (World Bank, 2022). This implies that low levels of government funding are responsible for the low levels of government investment in higher education in Uganda. Therefore, the study aims to estimate the government investment function of higher education and the production function of government funding in Uganda during the given period. The analyses of the relationships between government education funding (GIE) and government investment in higher education (GHE) are conducted by using the generalised least squares (GLS) method. The dataset for the study was obtained from Uganda’s Ministry of Education and Sports (MoES), Education Sector Plan. The effects of 1% government spending on primary education, secondary education, technical and vocational education training (GTVE) and GHE on GIE were as follows: 0.354%, 0.086%, 0.044% and 0.063% per annum, respectively. This implies that in Uganda, GHE contributes very little (0.063%) to GHF compared to the contribution of GPE to GIE (0.35%). Meanwhile, a 1% increase in GIE might have caused growth in GHE and GTVE to rise by 11.45% and 17.18%, respectively. Hence, the paper suggests increasing GIE, GTVE and GHE adequately.

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Section: Introductionmentioning

confidence: 99%

Government Education Funding and Government Higher Education Investment in Uganda

ALANI,

ATUHAIRWE,

L. OKODEL

2024

UHERJ

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“…The negative influence of educational design on human capital accumulation [9]. According to [10], educational equality emerges as an important determinant in encouraging human capital development, thereby driving increased productivity and growth while shaping income distribution in an economy that depends on the level of economic growth of a particular regional autonomy. Advocates targeting economic policies to not only improve educational standards but also ensure equitable access to education [11].…”

Section: Introductionmentioning

confidence: 99%

The Relationship Between Education Inequality, Poverty, and Economic Growth

Yasir,

Susetyo,

Bashir

2024

INFEB

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This study aims to establish the relationship between education inequality, poverty, and economic growth in the 10 Provinces of Sumatra Island 2004-2022. The data used is secondary data sourced from the Badan Pusat Statistik (BPS). The analytical approach employed encompasses the Panel Vector Error Correction Model (PVECM) along with Granger Causality. The findings indicate the presence of both short-term and long-term associations between education inequality and economic growth concerning poverty levels in the 10 Provinces of Sumatra Island. Furthermore, a bidirectional connection is observed between education inequality and economic growth within the 10 Provinces of Sumatera Island. Conversely, a unidirectional linkage is identified between economic growth and poverty in the 10 Province of Sumatera Island. It is anticipated that governmental policies will aim to enhance educational aspects and promote public consciousness regarding education to bolster developmental investments across various regional autonomies at both the Regency/City and Province tiers in Indonesia.

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“…Additionally, the relationship between education and economic development is also significant. Countries that invest resources in quality education tend to have higher economic growth rates (Sabur et al, 2021). This underscores the importance of education in creating quality human capital, which then becomes a driver for innovation, productivity, and long-term economic growth.…”

Section: Introductionmentioning

confidence: 99%

The Role of Entrepreneurship in Enhancing Economic Development: A Literature Review on the Dynamic Interaction between Education and Human Resources

Muhtar,

Dahri,

Amory

2024

IMEIJ

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Economic development is a crucial aspect of a country's growth and progress. The role of entrepreneurship has increasingly been recognized as a key factor in accelerating economic development. This research aims to analyze the dynamic interaction between entrepreneurship, education, and human resources in the context of economic development. This study is a qualitative literature review. Data for this literature review will be obtained through searching relevant scholarly articles and conference papers from the Google Scholar database. The search will be limited to the time span between 2010 and 2024 to ensure the freshness and relevance of information. Keywords used entrepreneurship, economic development, education, human resources. The results of the study indicate that entrepreneurship is not only a driver of economic development but also a pathway to achieving inclusive, sustainable, and beneficial economic growth for society as a whole. Thus, a holistic approach involving education, human resource development, and appropriate policy support is needed to enhance the role of entrepreneurship in economic development. Governments, educational institutions, the private sector, and society as a whole need to collaborate to create an environment that supports entrepreneurial growth and minimizes barriers to the success of new businesses

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Education Equality and Economic Growth in Indonesia

Cited by 4 publications

References 42 publications

Government Education Funding and Government Higher Education Investment in Uganda

Government Education Funding and Government Higher Education Investment in Uganda

The Relationship Between Education Inequality, Poverty, and Economic Growth

The Role of Entrepreneurship in Enhancing Economic Development: A Literature Review on the Dynamic Interaction between Education and Human Resources

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