THE INFLUENCE OF HUMAN DEVELOPMENT INDEX, INVESTMENT, AND CAPITAL EXPENDITURE ON ECONOMIC GROWTH IN CENTRAL JAVA PROVINCE

Economic growth in Central Java Province is the lowest when compared to other provinces in Java. This study aims to analyze the effect of human development index, foreign investment, domestic investment, education capital expenditure and health capital expenditure on economic growth in Central Java Province. This study uses secondary data from 35 districts / cities in Central Java Province for the period 2021-2023. The research method uses panel data linear regression with the eviews application. The results showed that HDI and education capital expenditure had a significant effect on economic growth and FDI, DDI and health capital expenditure had no effect and were insignificant to economic growth in Central Java Province. The implication of this study is that local governments must improve the quality of human resources and optimize the allocation of education spending.