Labor, Digital and Growth GDP Analysis: Case Study of ASEAN Countries

Helmi Adam, Muhammad Asrian Mirza, Sri Iswati

2018

Abstract

The ASEAN Economic Community was formed with the aim of achieving the perfection of economic integration in the ASEAN region which is believed to provide tangible benefits for all elements of society. On the other hand, the use of technology in the company will also affect how much work is needed. Technological sophistication alone does not necessarily result in a decrease in the number of workers. Technological progress will lead to better production results. This study uses a quantitative method with panel data secondary to the 2011-2015 period by combining 10 ASEAN countries (Indonesia, Malaysia, Singapore, Thailand, Philippines, Vietnam, Myanmar, Brunei, Laos, Cambodia). From the calculation of T-Test, Effect of Labor on GDP so that it can be concluded that the labor variable partially influences the significance of the GDP variable and effect of Digital on GDP so it can be concluded that the Digital variable partially influences the positive significance of the GDP variable. From the calculation of F value, that simultaneously or together the independent variables have a significant effect on the dependent variable. Koefisein Determination, Based on the table above, the Adjusted R-Square value is 0.9975. This shows that the model is able to explain 99.75% of the dependent variable, while the remaining 0.25% is influenced by other factors outside the regression model. Labor and digital influences on GDP are already good, but there are some countries that have to be improved again such as Myanmar, Laos and Cambodia. The policies of these three countries in the use of digital technology are expected to improve the welfare of the workforce. If digital technology has been implemented properly, all countries in ASEAN will get the same welfare.

Paper Citation

in Harvard Style

Adam H., Mirza M. and Iswati S. (2018). Labor, Digital and Growth GDP Analysis: Case Study of ASEAN Countries.In Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB, ISBN 978-989-758-428-2, pages 257-261. DOI: 10.5220/0008784802570261

in Bibtex Style

@conference{irceb18,
author={Helmi Adam and Muhammad Asrian Mirza and Sri Iswati},
title={Labor, Digital and Growth GDP Analysis: Case Study of ASEAN Countries},
booktitle={Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB,},
year={2018},
pages={257-261},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008784802570261},
isbn={978-989-758-428-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB,
TI - Labor, Digital and Growth GDP Analysis: Case Study of ASEAN Countries
SN - 978-989-758-428-2
AU - Adam H.
AU - Mirza M.
AU - Iswati S.
PY - 2018
SP - 257
EP - 261
DO - 10.5220/0008784802570261