Analysis of Education Investment in Economic Growth in Minahasa Regency
DOI:
https://doi.org/10.55927/jeda.v5i2.18Keywords:
Investment In Education, Economic Growth, Human Resources, Regional Development.Abstract
This study aims to analyze education investment in driving economic growth in Minahasa Regency and identify its effectiveness and contribution to improving human resource quality. The background of this study is based on the phenomenon of relatively high education budget allocations, but not fully balanced by improvements in human resource quality indicators and labor absorption. This study uses a qualitative approach with a case study method. The data used are secondary data obtained from the Central Statistics Agency (BPS), related agencies, and local government reports. The results of the study indicate that education investment has a positive correlation with economic growth in Minahasa Regency. Increased education investment has been shown to contribute to increased labor productivity, reduced poverty levels, and the creation of positive externalities through innovation and development of educational institutions. The conclusion of this study confirms that education investment is a strategic factor in driving sustainable economic growth. Therefore, more targeted policies are needed, including strengthening partnerships between the world of education and industry, equalizing access to and quality of education, and optimizing the role of educational institutions in producing competitive human resources.
References
Aghion, P., & Howitt, P. (2021). Endogenous growth theory. MIT Press.
Barro, R. J., Ursúa, J., & Weng, J. (2020). The coronavirus and the great influenza pandemic: Lessons from the “Spanish Flu” for the COVID-19 crisis. Contemporary Economic Policy, 42(3), 398–427.
Becker, D. W., & Murphy, K. T. (2021). The quality of human capital and its measurement. In A. V. Penulis & B. V. Editor (Eds.), Handbook of labor economics (Vol. 5, pp. 1–35). North-Holland.
Hidayat, M. (2023). Kualitas pelayanan publik di era digital. Alfabeta.
Howard, P. H. (2005). Organizing identity: Performance and social structure in a small group. Social Psychology Quarterly, 68(3), 237–251.
Kerlinger, F. N. (1986). Foundations of behavioral research. Holt, Rinehart and Winston.
Romer, P. M. (2018). On the possibility of progress. American Economic Review, 108(7).
Sari, M. (2013). Human economic value added dalam investasi pendidikan.
Siregar, A. A. (2022). Modal manusia dan pembangunan ekonomi. USU Press.
Solow, R. M. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70(1), 65–94.
Strauss, A., & Corbin, J. (1998). Basics of qualitative research: Techniques and procedures for developing grounded theory (2nd ed.). SAGE Publications.
Yin, R. K. (2014). Case study research: Design and methods (5th ed.). SAGE Publications.
Yuliyanto. (2023). Konsep investasi pendidikan modern.


























