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TwitterIn 2023, Indonesia had a human development index score of *****. This reflects a slight increase in comparison to the previous year. The HDI score of Indonesia has been gradually increasing for the past decade.
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TwitterThe human development index is one indicator of a country's progress. Many things can be done by knowing the human development index. HDI explains how the population can access development outcomes in terms of income, health, education, and so on. The HDI was introduced by the United Nations Development Program (UNDP) in 1990 and is published regularly in the annual Human Development Report (HDR).
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Regression of business competition (ϕ) on GRDP (Y).
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This research freshly investigates the effect of business competition on national welfare in Indonesia. This research uses business competition index data obtained from the Indonesia Competition Commission (KPPU) and welfare indicators data collected from the Indonesian Bureau of Central Statistics (BPS) at the economic sectoral and provincial levels for the period 2018–2020. The relationship between business competition and welfare is estimated using pooled regression model combining year, economic sector, and province. This research also uses business competition index applying both same weights for all dimensions of competition and the weights derived from principal component analysis. This research finds that business competition has a positive effect on welfare as represented by gross regional domestic product, regional productivity, productivity growth, wages, and human development index. Furthermore, the regions with high scores on the competition index mostly come from Java Island. Therefore, Indonesian government must encourage the mainstreaming of business competition in all provinces in Indonesia.
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TwitterOpen Database License (ODbL) v1.0https://www.opendatacommons.org/licenses/odbl/1.0/
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This dataset was created by Lintang Wisesa
Released under Database: Open Database, Contents: © Original Authors
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Regression of business competition on GRDP (Y) (GRDP and business competition are transformed into natural logarithms in Tables 4 and 5).
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Twitter0,71 (баллы, наиболшее число=наилучший результат) в 2020. A composite index measuring average achievement in three basic dimensions of human development—a long and healthy life, knowledge and a decent standard of living. 1=the most developed.
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Average sectoral GRDP and sectoral business competition index, 2018–2020.
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TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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This research freshly investigates the effect of business competition on national welfare in Indonesia. This research uses business competition index data obtained from the Indonesia Competition Commission (KPPU) and welfare indicators data collected from the Indonesian Bureau of Central Statistics (BPS) at the economic sectoral and provincial levels for the period 2018–2020. The relationship between business competition and welfare is estimated using pooled regression model combining year, economic sector, and province. This research also uses business competition index applying both same weights for all dimensions of competition and the weights derived from principal component analysis. This research finds that business competition has a positive effect on welfare as represented by gross regional domestic product, regional productivity, productivity growth, wages, and human development index. Furthermore, the regions with high scores on the competition index mostly come from Java Island. Therefore, Indonesian government must encourage the mainstreaming of business competition in all provinces in Indonesia.
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Average GRDP and regional business competition index by province, 2018–2020.
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TwitterIn 2023, Indonesia had a human development index score of *****. This reflects a slight increase in comparison to the previous year. The HDI score of Indonesia has been gradually increasing for the past decade.