THE INFLUENCE OF HUMAN DEVELOPMENT INDEX, INVESTMENT, AND CAPITAL EXPENDITURE ON ECONOMIC GROWTH IN CENTRAL JAVA PROVINCE

Authors

  • Mita Permata Kemuning Universitas Jenderal Soedirman Author
  • Kikin Windhani Universitas Jenderal Soedirman Author
  • Ajeng Faizah Nijma Ilma Universitas Jenderal Soedirman Author
  • Rizki Anggunani Directorate General of Treasury Central Java Author

DOI:

https://doi.org/10.32424/icsema.1.1.213

Keywords:

Economic Growth, Human Development Index, Foreign Direct Investment, Domestic Direct Investment, Education Capital Expenditure, Health Capital Expenditure

Abstract

Economic growth in Central Java Province is the lowest when compared to other provinces in Java. This study aims to analyze the effect of human development index, foreign investment, domestic investment, education capital expenditure and health capital expenditure on economic growth in Central Java Province. This study uses secondary data from 35 districts / cities in Central Java Province for the period 2021-2023. The research method uses panel data linear regression with the eviews application. The results showed that HDI and education capital expenditure had a significant effect on economic growth and FDI, DDI and health capital expenditure had no effect and were insignificant to economic growth in Central Java Province. The implication of this study is that local governments must improve the quality of human resources and optimize the allocation of education spending.

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Published

2025-08-13

Issue

Vol. 1 (2025): The International Conference on Sustainable Economics, Management, and Accounting (ICSEMA 2025) Proceeding

Section

Articles

How to Cite

THE INFLUENCE OF HUMAN DEVELOPMENT INDEX, INVESTMENT, AND CAPITAL EXPENDITURE ON ECONOMIC GROWTH IN CENTRAL JAVA PROVINCE. (2025). The International Conference on Sustainable Economics Management and Accounting Proceeding, 1(1), 2137-2147. https://doi.org/10.32424/icsema.1.1.213