IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2018-04-40.html
   My bibliography  Save this article

The Impact of Physical and Human Capital on the Economic Growth of Agricultural Sector in South Sumatera

Author

Listed:
  • Syamsurijal Abdul Kadir

    (Universitas Sriwijaya, Fakultas Ekonomi, Palembang, Indonesia,)

  • Azwardi

    (Universitas Sriwijaya, Fakultas Ekonomi, Palembang, Indonesia,)

  • Rulyanti Susi Wardhani

    (Universitas Bangka Belitung, Fakultas Ekonomi, Pangkalpinang, Indonesia,)

  • Nurkardina Novalia

    (Universitas IBA, Fakultas Ekonomi, Palembang, Indonesia,)

  • Ahmad Maulana

    (Universitas Sriwijaya, Fakultas Ekonomi, Palembang, Indonesia.)

Abstract

South Sumatra province is one of the provinces with major potential in the agricultural sector which is accounted for 16.60% in the gross domestic product (GDP) formation, it is necessary efforts so that the production of the agricultural sector can be maintained and improved. The purpose of this study is to analyze the effect of the agricultural sector capital expenditure (physical capital) and education, health, and labor (human capital) to economic growth in South Sumatra. The data used in this study are the panel data which are time series and cross section in 14 districts/cities in South Sumatra. The research using linear regression analysis method with fixed effect model. The analysis showed education, health, labor and agriculture sector capital spending has significant positive effect on economic growth as measured by the agricultural sector GDP.

Suggested Citation

  • Syamsurijal Abdul Kadir & Azwardi & Rulyanti Susi Wardhani & Nurkardina Novalia & Ahmad Maulana, 2018. "The Impact of Physical and Human Capital on the Economic Growth of Agricultural Sector in South Sumatera," International Journal of Economics and Financial Issues, Econjournals, vol. 8(4), pages 322-326.
    • Handle: RePEc:eco:journ1:2018-04-40
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijefi/article/download/6658/pdf
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijefi/article/view/6658/pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. A. Z. Nowak & Gangadhar Dahal, 2016. "The contribution of education to economic growth: Evidence from Nepal," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 5(2), pages 22-41, June.
    3. Gangadhar Dahal, 2016. "The contribution of education to economic growth: Evidence from Nepal," Proceedings of International Academic Conferences 3606124, International Institute of Social and Economic Sciences.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Blessing Ropafadzo Chigunhah & Ezekia Svotwa & Gerald Munyoro & Tendai J. Mabvure & Ignatius Govere, 2020. "Private Capital Formation Activities and Bank Credit Access Among Farmers in Zimbabwe," International Journal of Economics and Financial Issues, Econjournals, vol. 10(3), pages 225-235.
    2. Zata Hasyyati & Sahara Sahara, 2020. "The Composition of Human Capital and Economic Growth: Evidence from Aceh and West Papua Provinces, Indonesia," International Journal of Economics and Financial Issues, Econjournals, vol. 10(2), pages 132-142.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sieng, Lai Wei & Yussof, Ishak, 2018. "Impact of Higher Education on Income and Economic Growth: A Cross Country Evidence," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 52(2), pages 189-198.
    2. Ejiro U. Osiobe, 2019. "A Literature Review of Human Capital and Economic Growth," Business and Economic Research, Macrothink Institute, vol. 9(4), pages 179-196, December.
    3. Chaohai Shen & Tong Sheng & Xingheng Shi & Bingquan Fang & Xiaoqian Lu & Xiaolan Zhou, 2022. "The Relationship between Housing Price, Teacher Salary Improvement, and Sustainable Regional Economic Development," Land, MDPI, vol. 11(12), pages 1-21, December.
    4. Batara Surya & Syafri Syafri & Hernita Sahban & Harry Hardian Sakti, 2020. "Natural Resource Conservation Based on Community Economic Empowerment: Perspectives on Watershed Management and Slum Settlements in Makassar City, South Sulawesi, Indonesia," Land, MDPI, vol. 9(4), pages 1-31, March.
    5. Luxolo Malangeni & Andrew Phiri, 2017. "Education and economic growth in post-Apartheid South Africa," Working Papers 1716, Department of Economics, Nelson Mandela University, revised Dec 2017.
    6. Diana Toimbek, 2022. "Problems and Perspectives of Transition to the Knowledge-Based Economy in Kazakhstan," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1088-1125, June.
    7. Fairuzah Pertiwi Kartasasmita & Eny Sulistyaningrum, 2021. "The Impact of School Operational Assistance Program Implementation at School Level on Senior Secondary Education Enrollment by Households: Evidence from Indonesia in 2007 and 2014," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 67, pages 163-182, Desember.
    8. Simona Andreea Apostu & Lindita Mukli & Mirela Panait & Iza Gigauri & Eglantina Hysa, 2022. "Economic Growth through the Lenses of Education, Entrepreneurship, and Innovation," Administrative Sciences, MDPI, vol. 12(3), pages 1-14, June.
    9. Marco Marto & João Lourenço Marques & Mara Madaleno, 2022. "An Evaluation of the Efficiency of Tertiary Education in the Explanation of the Performance of GDP per Capita Applying Data Envelopment Analysis (DEA)," Sustainability, MDPI, vol. 14(23), pages 1-20, November.
    10. Malangeni, Luxolo & Phiri, Andrew, 2017. "Education and economic growth in post-Apartheid South Africa: An ARDL approach," MPRA Paper 83017, University Library of Munich, Germany.
    11. Luxolo Malangeni & Andrew Phiri, 2018. "Education and Economic Growth in Post-apartheid South Africa: An Autoregressive Distributive Lag Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 8(2), pages 101-107.
    12. Kiran Zahra & Mudassar Yasin & Baserat Sultana & Zulqarnain Haider & Raheela Khatoon, 2021. "Impact of Women Education on Economic Growth: An Evidence from Pakistan," Journal of Economic Impact, Science Impact Publishers, vol. 3(2), pages 113-120.
    13. Batara Surya & Syafri Syafri & Hadijah Hadijah & Baharuddin Baharuddin & Andi Tenri Fitriyah & Harry Hardian Sakti, 2020. "Management of Slum-Based Urban Farming and Economic Empowerment of the Community of Makassar City, South Sulawesi, Indonesia," Sustainability, MDPI, vol. 12(18), pages 1-42, September.
    14. Kauano, Érico Emed & Silva, José Maria Cardoso & Diniz Filho, José Alexandre Felizola & Michalski, Fernanda, 2020. "Do protected areas hamper economic development of the Amazon region? An analysis of the relationship between protected areas and the economic growth of Brazilian Amazon municipalities," Land Use Policy, Elsevier, vol. 92(C).
    15. Rao, B. Bhaskara, 2010. "Estimates of the steady state growth rates for selected Asian countries with an extended Solow model," Economic Modelling, Elsevier, vol. 27(1), pages 46-53, January.
    16. Prof. Dr. Adem KALCA & Resc. Assist. Atakan DURMAZ, 2012. "Diaspora As The Instrument Of Humane Capital," International Journal of Business and Social Research, LAR Center Press, vol. 2(5), pages 94-104, October.
    17. Burda, Michael C. & Zessner-Spitzenberg, Leopold, 2024. "Greenhouse Gas Mitigation and Price-Driven Growth in a Solow-Swan Economy with an Environmental Limit," IZA Discussion Papers 16771, Institute of Labor Economics (IZA).
    18. João Juchem Neto & Julio Claeyssen, 2015. "Capital-induced labor migration in a spatial Solow model," Journal of Economics, Springer, vol. 115(1), pages 25-47, May.
    19. Erich Gundlach, 2003. "Growth Effects of EU Membership: The Case of East Germany," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 30(3), pages 237-270, September.
    20. Hajer Habib, 2023. "Remittances and Labor Supply: Evidence from Tunisia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1870-1899, June.

    More about this item

    Keywords

    Capital Expenditure; Education; Health; Employment; Economic Growth;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2018-04-40. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.