How important are health and education in boosting sub-national economic growth?

نویسندگان

چکیده

Development of the global economy is marked by increasing attention towards health sector due to Covid-19 outbreak. This research contributes examining how important and education for provincial economic growth, connect it with foreign direct investments, infrastructure spending. Taking Indonesia as a case study, employing GMM Fixed Effects methods, analysis found that improving outcomes are key sub-national growth. However, investment, domestic investment public spending on failed support growth in level. The finding robust against alternative specifications. For policy suggestions, order dampen negative effects boost at post-pandemic period, government all levels must maintain or even increase which directly target improvements educational outcomes. To ensure improvements, be directed provide good quality services; services enhance develop students’ cognitive skills. In addition, evenly distributed across sub-nationalities. aligned achieving UN Sustainable Goals number 10; reducing inequality within country.JEL Classification H51; H52; O15

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ژورنال

عنوان ژورنال: Journal Of Socioeconomics and Development

سال: 2021

ISSN: ['2615-6946']

DOI: https://doi.org/10.31328/jsed.v4i1.1762