Key Role: Technology, Human Capital, and FDI on Economic Growth in Endogenous Theory
DOI:
https://doi.org/10.37010/hmr.v2i1.22Keywords:
economic growth, technology, human capital, Foreign Direct Investment (FDI)Abstract
This research focuses on the role of technology, human capital, and foreign direct investment (FDI) on economic growth in ASEAN countries and China during the period 1999 to 2019. This research uses panel data regression analysis. The research results show that technology has a significant positive impact on economic growth. On the other hand, human capital and FDI have a significant negative impact on economic growth in ASEAN countries and China.
References
Achmadi. (2020). STANDAR KOMPETENSI KERJA SEBAGAI STRATEGI EFEKTIVITAS OPERASI PERUSAHAAN. Judicious, 1(2), 116–120.
Ahmed, K., Arabi, M., Zakaria, S., & Abdalla, S. (2013). The Impact Of Human Capital On Economic Growth : Empirical Evidence From Sudan. Research In World Economy, 4(2). https://doi.org/10.5430/rwe.v4n2p43
Belloumi, M. (2018). The Impacts of Domestic and Foreign Direct Investments on Economic Growth in Saudi Arabia. 1992, 1–17. https://doi.org/10.3390/economies6010018
Gori, L., & Sodini, M. (2014). Local And Global Bifurcations In An Economic Growth Model With Endogenous Labour Supply And Multiplicative External Habits. An Interdisciplinary Journal of Nonlinear Science, 24. https://doi.org/10.1063/1.4865787
Gori, L., & Sodini, M. (2018). A Contribution To The Theory Of Fertility And Economic Development (Issue 170). https://doi.org/10.1017/S1365100519000415
Gori, L., & Sodini, M. (2020). Endogenous Labour Supply, Endogenous Lifetime And Economic Development. Structural Change And Economic Dynamics, 52, 238–259. https://doi.org/10.1016/j.strueco.2019.11.006
Gujarati, D. N., & Porter, D. C. (2009). Basic Econometrics. In McGraw-Hill Companies, Inc (5th ed.). McGraw-Hill Companies, Inc.
Haldar, A., Sucharita, S., Prasad, D., Sethi, N., & Chandra, P. (2023). The Effects Of ICT , Electricity Consumption , Innovation and Renewable Power Generation On Economic Growth : An Income Level Analysis For The Emerging Economies. Journal Of Cleaner Production, 384, 135607. https://doi.org/10.1016/j.jclepro.2022.135607
Jagodka, M., & Snarska, M. (2021). The State Of Human Capital And Innovativeness Of Polish Voivodships In 2004 – 2018. Sustainibility, 13.
Khaliq, A. (2006). Foreign Direct Investment And Economic Growth : Empirical Evidence From Indonesia By Foreign Direct Investment And Economic Growth : Empirical Evidence From Indonesia. Hawai’i at Manoa.
Kim, J., & Park, J. (2017). The Role of Total Factor Productivity Growth In Middle-Income Countries. Asian Development Bank, 527. https://doi.org/http://dx.doi.org/10.22617/WPS179136-2
Penn World Table. (2023a). Human Capital Index. Penn World Table. https://www.rug.nl/search/?searchTerm=human+capital+index&page=1&limit=15&filters=custom_fields.isArchived%3Dno
Penn World Table. (2023b). Total Factor Productivity (TFP). Penn World Table. https://www.rug.nl/search/?searchTerm=total+factor+productivity&page=1&limit=15&filters=custom_fields.isArchived%3Dno
Romer, P. M. (1994). The Origins Of Endogenous Growth. Journal of Economic Perspectiv, 8(1), 3–22.
Sabir, S., Rafique, A., & Abbas, K. (2019). Institutions and FDI : evidence from developed and developing countries. Financial Innovation, 05(08).
Todaro, M. P., & Smith, S. C. (2015). Economic Development (12th ed.). Pearson Education.
United Nations. (2023). World Investment Report (2023rd ed.). United Nations.
WIPO. (2023). Global Inovation Index. World Intelectual Property Organization. https://www.globalinnovationindex.org/Home
Wiredu, J., Nketiah, E., & Adjei, M. (2020). The Relationship Between Trade Openness , Foreign Direct Investment And Economic Growth In West Africa : Static Panel Data Model. Journal of Human Resource and Sustainability Studies, 8, 18–34. https://doi.org/10.4236/jhrss.2020.81002
World Bank. (2023a). Foreign Direct Investment (FDI). World Bank. https://data.worldbank.org/
World Bank. (2023b). GDP Growth (Annual %). World Bank. https://data.worldbank.org/
World Bank. (2023c). GDP, PPP (Constant 2017 International $). World Bank. https://data.worldbank.org/
Yazgan, S., & Yalcinkaya, O. (2018). The Effects Of Research And Development (R&D) Investments On Sustainable Economic Growth : Evidence From OECD Countries ( 1996-2015 ). Economic Perspectives, 18(1), 3–23. https://doi.org/10.1515/revecp-2018-0001
Zhang, J., Jiangb, C., & Wang, P. (2014). Total Factor Productivity And China’s Miraculous Growth: An Empirical Analysis. SSRN Electronic Journal, 1–43. https://doi.org/
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Kevin Eric Andrawina, Siti Aisyah Tri Rahayu, Lukman Hakim
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.