%0 Journal Article %T Impact of Human Resource Investment on Labor Productivity in Indonesia %J Interdisciplinary Journal of Management Studies (Formerly known as Iranian Journal of Management Studies) %I University of Tehran %Z 2981-0795 %A Baharin, Roziana %A Syah Aji, Rizqon Halal %A Yussof, Ishak %A Mohd Saukani, Nasir %D 2020 %\ 01/01/2020 %V 13 %N 1 %P 139-164 %! Impact of Human Resource Investment on Labor Productivity in Indonesia %K Human capital %K Education %K Health %K Labor productivity %K ARDL %R 10.22059/ijms.2019.280284.673616 %X This study examines the impact of human capital on productivity of labor in Indonesia, using the ARDL analysis data method. This study uses the variable of human capital with a proxy level of labor education, the health status of labor and labor productivity. The data used are sourced from World Bank publications in the period of 1981-2014. The outputs of the analysis with the method of ARDL show that the short-run analyses of primary, secondary, tertiary education variables and health variables have a significant positive impact on labor productivity. In contrast, the long-run analysis including only primary and secondary educations showed a significant positive influence on labor productivity while tertiary education variables have a significant negative effect. The labors’ health variable has a positive but not significant effect. This shows that the quality of human capital in Indonesia is still a problem for labor productivity. %U https://ijms.ut.ac.ir/article_73039_2796226f9e2ccd559c86f65c10bf8ca5.pdf