Assessment of the Impact of the Relationship between the Human Development Index and the Unemployment Rate on Economic Growth
Keywords:
Economic Growth, Human Development Index (HDI), Unemployment RateAbstract
This research aims to evaluate the impact of the relationship between the Human Development Index (HDI) and the unemployment rate on economic growth. The study was conducted by analyzing economic and social data from various countries over a specific period. Regression analysis methods are used to understand the significance of the relationship between HDI, unemployment rate, and economic growth. The results show a strong correlation between HDI and economic growth, as well as a significant influence of the unemployment rate on economic growth. The policy implications of these findings are also discussed to provide guidance in efforts to enhance human development and sustainable economic growth.
References
Dewi N, L and I Ketut S. (2014). The Influence of Human Development Index Components on the Economic Growth of Bali Province. Journal of Development Economics, Faculty of Economics and Business, Udayana University . Vol 3, No. 3
Indayani S and Budi H. (2020). Analysis of Unemployment and Economic Growth as a Result of the Covid-19 Pandemic . Journal of Economics & Management, Bina Sarana Informatics University. Volume 18 No. 2
Ma'ruf Ahmad and Latri Wihastuti. (2008). Indonesian economic growth. Journal of Economics and Development Studies. Volume 9, Number 1.