eprintid: 4063 rev_number: 8 eprint_status: archive userid: 16 dir: disk0/00/00/40/63 datestamp: 2026-02-06 04:14:31 lastmod: 2026-02-06 04:14:32 status_changed: 2026-02-06 04:14:31 type: article metadata_visibility: show creators_name: Hartiningsih Astuti, Astuti(2026) creators_name: Joko Hadi Susilo, Susilo creators_name: Siskha Trifandha, Trifandha creators_name: Amon Frank Nkembo, Nkembo creators_id: hartiningsihastuti23@gmail.com creators_id: - creators_id: - creators_id: - corp_creators: Universitas Bojonegoro title: Dynamic Panel Data Analysis of the Human Development Index in Indonesia ispublished: pub subjects: HC divisions: ep keywords: Dynamic Panel Data, Human Development Index, Macroeconomics, Indonesia, GMM abstract: The human Development Index is an important indicator for measuring people’s welfare. This study aims to determine the influence of household consumption, Gross Regional Domestic Product, investment, and government expenditure on the human development index (HDI) in 35 provinces in Indonesia for the period 2014-2023. Secondary data was sourced from the Central Statistics Agency and used to estimate the model, a dynamic panel approach was utilized, based on the Generalized Method of Moments. The results showed that Gross Regional Domestic Product (GRDP) has a significant influence on increasing the human development index (HDI), especially through increased consumption for education and health. In addition, achieving economic development in a country requires individual and collective human efforts in improving the quality of life. Important factors that must be built are the quality of human resources, facilities and infrastructure. Government spending focused on sectors that directly affect people's welfare can accelerate the improvement of the quality of human resources. This finding shows the importance of macroeconomic stability and fiscal policy effectiveness in supporting sustainable human development. publisher: Ekuilibrium: Jurnal Ilmiah Bidang Ilmu Ekonomi full_text_status: public publication: Ekuilibrium: Jurnal Ilmiah Bidang Ilmu Ekonomi volume: 20 number: 2 pagerange: 229-245 refereed: TRUE issn: - citation: Hartiningsih Astuti, Astuti(2026) and Joko Hadi Susilo, Susilo and Siskha Trifandha, Trifandha and Amon Frank Nkembo, Nkembo Dynamic Panel Data Analysis of the Human Development Index in Indonesia. Ekuilibrium: Jurnal Ilmiah Bidang Ilmu Ekonomi, 20 (2). pp. 229-245. ISSN - document_url: https://repository.unigoro.ac.id/id/eprint/4063/1/LIT%202025%20November%20Hartiningsih%20Astuti%2C%20Joko%20Hadi%20Susilo%2C%20Siskha%20Trifandha%2C%20Amon%20Frank%20Nkembo.pdf