The Effect of Education to Indonesian Economic Growth

Volume 4 Issue 2
Rifa’atul Mahmudah
Pages: 140-145 Download Count : 2099 View Count: 2171 DOI Number 10.24331/ijere.517972 Facebook Share on Google+ Save to Zotero Save to Mendeley

Abstract:


Economic growth is a target that the economy seeks to achieve in the long run, and as closely as possible consistent with economic growth in the short term. Economic growth can explain and simultaneously measure the achievement of an economic development, both within the country. The analysis tool used is a simple linear regression. The result of the analysis shows that education value has a positive effect on economic growth in Indonesia period 2000 - 2015. The contribution given by education to economic growth is 40,9% and the rest is influenced by other variables such as consumption, investment, and government expenditure variable.

Keywords

  • Education
  • economic growth
  • education
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