SUSANTO, Joko and PURWIYANTA, Purwiyanta (2014) Education, Labour Productivity and Industrial Performance: Evidence of Indonesia. In: International Conference on Contemporary Economic Issues 2014, 11-12 Desember 2014, Kuala Lumpur.
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Abstract
The successful of Industrial development is determined by the quality of human resources. Therefore, an improved schooling policy is a central part of development strategies to result more skilled labour. The government allocates more funds to improve the education sector. This paper investigates relationship between education, productivity and industrial performance. To do such, this paper used regression analysis based on panel data model. In the first equation, we regress labour productivity on education and wage. Hereafter, in the second equation, we regress industrial performance on fitted value of labour productivity and infrastructure. The results show that there is evidence that education has a positive impact on labour productivity. Education is an instrument to boost labour productivity. It is true that increased education has led to an increase in the labour productivity. Furthermore, labour productivity is associated with industrial performance. An increase of labour productivity leads to an increase of industrial performance. Keywords: education, productivity, labour, industrial, performance
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Humanities |
| Depositing User: | JOKO susanto - |
| Date Deposited: | 06 Jul 2017 02:10 |
| Last Modified: | 06 Jul 2017 02:29 |
| URI: | http://eprints.upnyk.ac.id/id/eprint/12171 |
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