Human Capital Investment and People Productivity In Indonesia

Abstract

This research took 20 years, from 2000 to 2020 by modeling the time series “auto regressive distributed
lag” (ARDL) to estimate long-term and short-term relationships. This study measures the level of work
participation, health investment, education investment, and economic growth in Indonesia with a
multivariate regression model.Finding of this research is human capital development can be established
and encouraged through improving education and health and increasing employment opportunities so as
to increase community work participation. Participation in work, education, and health can significantly
encourage economic growth