Analysis of Human Development Index in ASEAN : A Panel Model

Salsabila Sukma Putri, Agus Salim, Firsty Ramadhona Amalia Lubis

Abstract


This study analyzes the determinants of HDI, the purpose of this study is to determine how much influence population, GDP, unemployment, and government expenditure have on HDI in 9 ASEAN member countries. The data used is secondary data obtained from Our World in Data, including HDI and population data, while other data on GDP, unemployment, and government spending are sourced from the World Bank. The data used is the period 2015-2022 including Brunei, Philippines, Indonesia, Cambodia, Malaysia, Myanmar, Singapore, Thailand, and Vietnam.  The panel model analysis used selects the Commont Effect Model, Fixed Effect Model, or Random Effect Model using STATA software. The results in the analysis found that population and GDP have a positive and significant effect on HDI, besides that government spending turns out to have a negative and significant effect on HDI, and the unemployment variable does not have a significant effect on HDI in 9 ASEAN member countries.


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Publihser:
Universitas Ahmad Dahlan

Editorial Address:
Yogyakarta

This work is licensed under CC BY 4.0