Effect of Government Expenditures and Banking Loan Distribution on the Performance of Human Resource Development in Papua Province

Hendricus Lembang

Abstract


The research aims to analyze government expenditure on capital spending and bank loan as well as to determine whether it has positive and significant effects on the Human Development Index (HDI) in Papua Province. The method is a quantitative study using a quantitive approach (deductive) to test the hypothesis and explain the causal relationship among panel variables (explanatory research). Data analysis techniques in the form of pooled data. Time series data were taken from 2005 to 2012 and the cross  section data consisting of 19 regioncies and 1 city in Papua Province. The research results about the local government expenditure indicate that 10 the capital expenditure has positive and significant direct effect on an increase in private investment, educational level, employment recruitment and HDI, 2) the bank consumer loan distribution has positive and significant effect on the labor absorption,  3) the private investment has positive but not significant impact on educational level; it has positive and direct significant impact in the labor absorption, 4) the level of education has positive and direct significant impact on the employment recruitment and HDI, 5) labor absorption has positive and direct significant impact in the HDI.


Keywords


Capital spending, consumer loan, investment, labor absorption, Human Development Index

Full Text:

PDF

References


Adewale, Aregbeshola R., 2014. Financial Regulation, Loan Consumption and Economic Growth – An Analysis Of The National Loan Act In South Africa, The Journal of Applied Business Research – March/April, Vol. 30, No 2.

Anand, S. and Sen, A. 2000. Human Development and Economic Sustainability, World Development, 2029-2049.

Badruddin, Rudi, 2012. Ekonomika Otonomi Daerah, UPP STIM YKPN, Yogyakarta.

______, Badan Pusat Statistik (BPS) , Papua Dalam Angka 2006 sampai dengan 2013

Barro, Robert J., May 1991. Economic Growth and The Asian Financial Crisis, Quarterly Journal of Economics, Vol. 106, No. 2. , pp. 407-443.

Becker, S. Garry, 1975. Human Capital: A Theoretical and Empirical Analysis, the National Bureau of Economic Research, Volume ISBN: 0-226-04109-3.

Brata, Aloysis Gunandi, 2005. Investasi sektor Publik lokal, Pembangunan Manusida dan Kemiskinan, Lembaga Penelitian Universitas Atmajaya. Yogyakarta.

Dagdeviren, Hulya, Rolph Van der Hoeven, and John Weeks, 2001. Redistribution and Growth for Poverty Reduction, Working Paper series no. 118, July, ISBN No. 07286 0336 5, International Labour Organisation.

Fakih, Mansour, 2001. Runtuhnya Teori Pembangunan dan Globalisasi, Insist Press, Yogyakarta.

Hajibabaei, Hamidreza and Alimohammad Ahmadi, 2014. Government Size and Human Development: Quadratic Regression Approach, International Journal of Academic Research in Business and Social Sciences Vol. 4, No.4.

Halim, 2008. Analisis Investasi Sektor Publik Pemerintah (Belanja Modal) Daerah Yogyakarta, UPP STIM YKPN.

Hendarmin, 2012. Pengaruh Belanja Modal Pemerintah Daerah dan Investasi Swasta terhadap Pertumbuhan Ekonomi, Kesempatan Kerja dan Kesejahteraan Masyarakat di Kabupaten/Kota Provinsi Kalimantan Barat, Jurnal Ekonomi – Sosial, Oktober, Volume 8, Nomor 3.

Hirschman. A.O., 1958. The Strategy of Economic Development, New Haven, Yale University Press.

Jhingan, M.L., 2012. Ekonomi Pembangunan dan Perencanaan, Penerjemah D. Guritno. Cetakan ke-14, Raja Grafindo Persada, Jakarta.

Kairupan, Siestri Pristina, Desember, 2013. Produk Domestik Regional Bruto, Inflasi dan Belanja Daerah Pengaruhnya terhadap Kesempatan Kerja di Sulawesi Utara Tahun 2000-2012, Jurnal EMBA 2207 Vol.1 No.4.

Karlan, Dean dan Jonathan Zinman, 2007: Expanding Loan Access: Using Randomized Supply Decisions to Estimate the Impacts, National Science Foundation, the Princeton University Center for Migration, the Social Science Research Council Program in Applied Economics.

Keynes, J. M. 1936. The General Theory of Employment, Interest and Money. New York: Harcourt Brace.

Khadafi, Muhammad Fuad, 2013. Analisis Faktor yang Mempengaruhi Penyerapan Tenaga Kerja pada Industri Konveksi di Kota Malang, Jurnal Ilmiah, Fakultas Ekonomi dan Bisnis, Universitas Brawijaya Malang.

Longman, 2008. Different Paths to Mass Consumption: Consumer Loan in The United State and West Germany During the 1950s and 60s, Journal of Social History, January, Pennsylvania State University, USA.

McMahon, Walter W. dan Terry G. Geske, 1982. Financing Education: Overcoming Inefficiency and Inequality, University of Illinois Press, Urbana Illinois, USA.

Miar, Joko Mursinto, 2014. Influence of Government Expenses to Economic Growth and Manpower Absorption at Regencies/Cities in Central Kalimantan Province: periode 2003-2010, European Journal of Business and Management, Vol.6, No.8.

Mirza, Denni Sulistio, 2012. Pengaruh Kemiskinan, Pertumbuhan Ekonomi, dan Belanja Modal Terhadap Indeks Pembangunan Manusia di Jawa Tengah Tahun 2006-2009, Economics Development Analysis Journal, Universitas Negeri Semarang.

Momongan, Junaidi E., September 2013. Investasi PMA dan PMDN Pengaruhnya terhadap Perkembangan PDRB dan Penyerapan Tenaga Kerja serta Penaggulangan Kemiskinan di Sulawesi Utara, Jurnal EMBA Vol.1 No.3, Hal. 530-539.

Momuat, Rosita C.M., 2013. Pengaruh Belanja Modal dan Tenaga Kerja Terhadap Pertumbuhan Ekonomi di Kota Manado, Jurnal Pembangunan dan Keuangan Daerah, Volume 10 No. 2.

Mubaroq, Muhammad Rizal, Sutyastie S. Remie dan Bagdja Muldjarijadi, 2013. Pengaruh Investasi Pemerintah, Tenaga Kerja dan Desentralisasi Fiskal terhadap Pertumbuhan Ekonomi Kabupaten di Indonesia 2007-2010, Jurusan Ilmu Ekonomi, Universitas Padjajaran, Bandung.

Mulyadi, 2008. Ekonomi Sumber Daya Manusia dalam Perspektif Pembangunan, Rajawali Pers, Jakarta.

Munawwaroh, 2013. Faktor-Faktor yang Mempengaruh Sumber Daya Manusia dan Perekonomian Kabupaten/Kota di Provinsi Jambi, Jurnal Kajian Ekonomi, Juli, Vol. II No. 03.

Neumayer, Eric, 2001. Analysis–The Human Development Index and Sustainability–A Constructive Proposal, Jurnal Ecological Economics, London Schools of Economics and Political Science.

Nwosa, Philip Ifeakachukwu, Adebiyi Oyeyemi Omodadepo dan Adedeji Adedayo Oluseun, 2013. An Analysis of the Relationship between Public Spending Components and Private investments in Nigeria, Journal of Finance & Economics Volume 1, Issue 2, Published by Science and Education Centre of North America.

Onakoya, Adegbemi Babatunde dan Russell Olukayode Christopher Somoye, Februari 2013. The Impact of Public Capital Expenditure and Economic Growth in Nigeria, Global Journal of Economics and Finance Vol. 2 No.1.

Pitt, Mark M. and Shahidur R. Khandker. 1998. The Impact of Group-Based Loan programs on Poor Households in Bangladesh: Does the Gender of Participants Matter? Journal of Political Economy. Vol. 106, No. 5: 958-96.

Pollitt, C., Birchall, J., and Putnam, K. 1998. Decentralising Public Service Management. London: Macmillan.

Psacharopoulos, G. and Z. Tzannatos, 1989. Female Labor Force Participation: an International Perspective”, The World Bank Research Observer, Vol. 4, No. 2, July.

Rachman, H. Zaini Fathor dan Agus Sriyanto, 2011. Analisis Kontribusi Investasi, Kredit Modal Kerja dan Kredit Konsumsi terhadap Pertumbuhan Ekonomi di Jawa Timur.

Rahman, Ataur, 2009. Consumer Loan as Lifestyle Activities Facilitators for Consumers of Bangladesh by, International Journal of Marketing Studies Vol 1 No. 2 Novermber.

Ranis, Gustav et al. 2001. Economic Growth and Human Development, World Development Vol. 28 No. 2, pp 197-2019.

Sariyono, 2010. Analisis Pengaruh Pengeluaran Pemerintah Bidang Pendidikan dan Bidang Kesehatan Serta Daya Beli Masyarakat Terhadap Peningkatan Indeks Pembangunan Manusia Di Kalimantan Selatan Tesis Pascasarjana Universitas Lambung Mangkurat .

Schultz, Theodore, W. 1961. Investment in Human Capital, American Economic Review, 36.

Soman, Dilip and Amar Cheema, 2002. The Effect of Loan on Spending Decisions: The Role of the Loan Limit and Credibility, Marketing Science Journal, Vol. 21, No. 1, Winter.

Smith, Kevin B. dan Christopher W. Larimer, 2009. The Public Policy, Theory Primer, West View Press, USA.

Sukirno, Sadono, 2011. Ekonomi Pembangunan; Proses, Masalah dan Dasar Kebijakan Pembangunan, Prenada Media Group, Jakarta.

Suindyah, Sayekti, D., Desember 2011. Pengaruh Investasi, Tenaga Kerja dan Pengeluaran Pemerintah terhadap Pertumbuhan Ekonomi di Propinsi Jawa Timur, Jurnal Ekuitas, Vol. 15 No. 4.

Tjokroadjojo, Bintoro dan Mustopadidjaya A. R., 1980, Teori Strategi Pembangunan Nasional, Gunung Agung, Jakarta.

Todaro, Michael P. dan Stephen C. Smith, 2011. Pembangunan Ekonomi, Jilid 1, Penerbit Erlangga, Jakarta.

Wurarah, Ruly Novie, 2011. Pengaruh Belanja Modal terhadap Pertumbuhan Ekonomi dan Penyerapan Tenaga Kerja serta Kesejahteraan Masyarakat di Provinsi Papua Barat, Disertasi Universitas Airlangga, Surabaya.




DOI: http://dx.doi.org/10.23887/ijssb.v3i2.17581

Refbacks

  • There are currently no refbacks.


Copyright (c) 2019 International Journal of Social Science and Business

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.


International Journal of Social Science and Business (IJSSB) indexed by:

 Crossref                 Akreditasi SINTA     




Creative Commons License

International Journal of Social Science and Business is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.