Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

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The Effect of Human Capital Expenditure on Labor Productivity in Central Java Province

Authors
Nurul Huda Nafi’ Maula1, Muhammad Anas1, *
1Faculty of Economics and Business, Universitas Muhammadiyah Surakarta, Surakarta, Indonesia
*Corresponding author. Email: ma912@ums.ac.id
Corresponding Author
Muhammad Anas
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_66How to use a DOI?
Keywords
Education Spending; Health Spending; RLS; AHH; Labor Productivity; Panel Data; Chain Rule
Abstract

Education and health are two essential aspects in improving the quality of human capital because higher education and good health make workers more productive. This study aims to estimate the direction and magnitude of the influence of human capital spending on labor productivity in Central Java Province in 2013–2019 using panel data regression using the Fixed Effects Model (FEM) approach and applying the chain rule method. The results of this study indicate that education spending positively affects the average length of schooling (RLS), and health spending positively impacts life expectancy (AHH). Then, RLS and AHH positively affect labor productivity in Central Java Province. Thus, it is proven that this study has a chain rule. The government expected to evaluate the use of education and health expenditure budgets. So that the RLS can be high and the AHH is also high.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
978-94-6463-204-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_66How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Nurul Huda Nafi’ Maula
AU  - Muhammad Anas
PY  - 2023
DA  - 2023/10/04
TI  - The Effect of Human Capital Expenditure on Labor Productivity in Central Java Province
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 798
EP  - 810
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_66
DO  - 10.2991/978-94-6463-204-0_66
ID  - Maula2023
ER  -