The Role of Human Capital Investment on Human Resources Performance in Indonesia

2021 ◽  
Vol 1 (1) ◽  
pp. 128-131
Author(s):  
Sri Rahayu ◽  
◽  
Cahya Budhi Irawan

This study examines the role of human capital investment in the form of improving education and health services in Indonesia in order to improve the performance of Indonesia's human resources so that it can increase the income of Indonesians which is reflected in the encouragement of economic growth. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that education and health investment are positively related to economic growth. This indicates that human capital investment in Indonesia is able to improve the performance of Indonesia's human resources so that it has the impact of encouraging Indonesia's economic growth.

2021 ◽  
Vol 1 (1) ◽  
pp. 132-135
Author(s):  
Nur Sholeh Hidayat ◽  
◽  
Eddy Priyanto

This research studies the role of human capital investment through the mechanism of improving education and health services in efforts to alleviate poverty and increase economic independence with dignity in the form of improving the performance of Indonesia's human resources which is reflected in Indonesia's economic growth. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that investment in education and investment in health is positively related to economic growth. And, poverty is negatively related to economic growth. This indicates that human capital investment in Indonesia is able to promote economic growth and alleviate poverty in Indonesia.


2021 ◽  
Vol 2 (2) ◽  
pp. 161-192
Author(s):  
Samina Siddique ◽  
Zafar Mahmood ◽  
Shabana Noureen

With the growth of services economy worldwide, it has become essential for policymakers to comprehend the export competitiveness of nations to identify offshore export locations or alternatively offer their own sites as an exporting location. Human capital investment is considered as a key component in attracting foreign countries for outsourcing purposes. Earlier studies have shown mixed role of human capital investment on off shoring activities. This study assesses the effects of control variables (business environment, wages and IT infrastructure) and human capital investment on export of goods and services from the selected Asian outsourcing countries. Panel Estimated Generalized Least Square (EGLS) technique is used with country weights to specifically overcome the problem of autocorrelation. Empirical findings show that investment in human capital is significant for both goods and services exports. We found a large impact of human capital investment on exports of goods and services in selected Asian countries as compared to selected developed countries. Empirical findings further suggest that human capital is more essential for export of goods than export of services. From these findings, the study draws important implications for policymaking in countries who intend to offer themselves as an attractive location for exporting and for those who intend to locate their production activities overseas.


The role of human capital and, more specifically, the role of on the job training, has been widely analysed in the economic literature. Moreover, in the field of hospitality and tourism some studies focus on the relationship between training and hotel performance. This paper goes beyond this goal. It analyses the role of training on the hotel occupancy but, furthermore, it measures the impact of this human capital investment on the growth of a region, measured in terms of production, added value and employment. It combines both, microeconomic data from a database of two hundred hotels and the macro perspective of the Balearic Input-Output table, allowing measurement of the positive externalities that human capital investment in the hotel sector generates through the rest of the economy. Results show a positive and significant impact on potential growth and employment that goes beyond the strictly tourism-related sectors. In terms of policy recommendations, this work gives meaning to the promotion of public policies encouraging training practices at hotel level.


2019 ◽  
Vol 4 (1) ◽  
pp. 176
Author(s):  
Evi Adriani

Human capital is an investment in the field of human resources The process of acquiring knowledge and skills through education is not merely a consumptive activity, but rather a form of investment in Human Resources (HR). This study will explain the existence of the theory of human capital in terms of investment in human capital for education. Explanation starts from the definition and concept of human capital, perspective in discussing human capital investment and methods of measuring human capital investment. This paper closes with the signaling theory which is another direction of thinking about the role of education as human capital.


2018 ◽  
Vol 5 (2) ◽  
pp. 111
Author(s):  
Babacar NDIAYE

It has been acknowledged for a long time that labour factor quality plays a significant role in the process of economic growth. The human capital theory that gained prominence notably with the works of Schultz (1961) and Becker (1964) underline that the knowledge gained by people is crucial to society, for education is an investment and a tool for improving productivity. The objective of this paper is to propose, in the neoclassical vision, a critical analysis of the developments and controversies surrounding human capital investment


BISMA ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 25
Author(s):  
Suryaning Bawono ◽  
Regina Niken Wilantari

This study aims to find the development of aggregate human resources based on human capital investment in poverty alleviation efforts in Indonesia. The data used is secondary data obtained and processed from the Indonesian Financial Services Authority and the world bank. This study uses a vector error correction model to estimate, simulate, and predict each of the variables studied to provide an overview of the opportunities and threats of technological inclusion and financial inclusion in poverty reduction efforts based on human capital investment in the education-based human capital framework. Inclusion has the potential to be an opportunity to reduce the cost of education so that human capital investment efforts in the framework of education-based human capital work by the poor have a higher chance of success. Financial inclusion support from official P2P lending can also support poor people's capital in investing in human capital, but with low interest and must be close to zero and would be better with zero interest. Keywords: education, financial inclusion, human resources, P2P lending, poverty alleviation


SPLASH Magz ◽  
2021 ◽  
Vol 1 (2) ◽  
pp. 28-30
Author(s):  
Nur Handayani ◽  
Cahya Budhi Irawan

This study examines government investment in education and health, as well as job opportunities as reflected in work participation and its impact on economic growth by using secondary data from world banks using the moving average autoregression method. We find that work participation, education investment and health investment positively related to economic growth.


2021 ◽  
Vol 1 (1) ◽  
pp. 124-127
Author(s):  
Novi Firmawati ◽  
◽  
Budi Sasongko

This study examines the role of education in improving technology adoption as reflected in technology inclusion, poverty alleviation and efforts to increase community income which is reflected in economic growth. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We found that education investment and technology inclusion were positively related to economic growth. And,negatively related to probability. This indicates that education plays a role in encouraging technological inclusion which reflects technological adaptation and encourages economic growth which is an indicator of the prosperity of the people in Indonesia which is strengthened by a negative relationship with poverty which indicates that education plays an important role in poverty alleviation


2000 ◽  
Vol 62 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Sebnem Kalemli-Ozcan ◽  
Harl E. Ryder ◽  
David N. Weil

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