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Analysis of the Human Development Index in Bali Province from 2017–2021

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

Author

Listed:
  • Kharisma Sekar Pradha Ningrum

    (Universitas Muhammadiyah Surakarta, Faculty of Economics and Business)

  • Muhammad Arif

    (Universitas Muhammadiyah Surakarta, Faculty of Economics and Business)

Abstract

The Human Development Index is one of the standards used to determine the quality of human life. In this study, the Chow and Hausman tests were used to choose between the Pooled Least Square (PLS) and Fixed Effect Model (FEM) estimation models. The quality of the human development index can be measured in three basic ways, namely knowledge, longevity, healthy living and a decent standard of living. The purpose of this study is to determine how the influence of Regional Income (RI), General Allocation Fund (GAF), Special Allocation Fund (SAF) and Profit Sharing Fund (PSF) on the human development index in Bali Province from 2017 to 2021. In this study, observational data collected for 8 regencies and 1 city of Bali Province used panel data analysis and data from the website of the Central Statistics Agency (BPS) of Bali Province. The Chow Test and the Hausman Test of the Fixed Effect Model produced the best results in this investigation. The findings indicated that the General Allocation Fund and the Special Allocation Fund had an impact on Bali Province’s human development index, however the Regional Income and Profit Sharing Fund had no bearing on it between 2017 and 2021.

Suggested Citation

  • Kharisma Sekar Pradha Ningrum & Muhammad Arif, 2024. "Analysis of the Human Development Index in Bali Province from 2017–2021," Advances in Economics, Business and Management Research, in: Huda Maulana & Muhammad Sholahuddin & Muhammad Anas & Zulfikar Zulfikar (ed.), Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2), pages 228-239, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-204-0_20
    DOI: 10.2991/978-94-6463-204-0_20
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