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September 21, 2025Ekuilibrium Jurnal Ilmiah Bidang Ilmu EkonomiOpen Access

Dynamic Panel Data Analysis of the Human Development Index in Indonesia

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Authors

HAHartiningsih AstusiJSJoko Hadi SusiloUniversity of BrawijayaSTSiskha Trifandha

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Implication

Dynamic panel analysis reveals household consumption and gross regional domestic product significantly influence the human development index in Indonesia's provinces.

Key Points

  • Gross Regional Domestic Product significantly impacts the human development index, indicating economic growth boosts welfare.
  • The analysis shows a clear connection between household consumption and improvements in education and health sectors.
  • Dynamic panel data estimation was applied using the Generalized Method of Moments to assess data from 35 provinces.
  • The findings highlight the critical role of effective fiscal policy and government spending in enhancing human resource quality.

Cite This Study

Astusi et al. (2025) studied this question.

synapsesocial.com/papers/68d46cb831b076d99fa68832https://doi.org/10.24269/ekuilibrium.v20i2.2025.pp229-245
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