This paper analysis direct and indirect impacts of economic development indicators that consist of economic growth, human development and global competitiveness, on happiness. Cross-section data on economic growth, human development, global competitiveness and happiness were collected from 123 countries and employed to a path analysis model. The result showed that directly, in Path-1 the impact of economic growth on happiness was negative and significant. Indirectly, the impacts of economic growth on happiness varied depend on the path. In Path-7, P43-P31, the impact of economic growth on happiness through global competitiveness was positive and significant. In Path-8, P43-P32-P21, the impact of economic growth on happiness through global competitiveness and human development was negative, but statistically was not significant. Finally, in Path-9, P42-P21, the impact of economic growth on happiness through human development was negative but statistically was not significant. The implication of this finding was that economic growth no longer important factor in development, especially when development aimed to make people happy.
Profitability, solvency and stock return property industry in Indonesia
The purpose of this research is to analyze and determine whether there is a direct effect
of Return On Asset (X1) and the Debt to Equity Ratio (X2) the Stock Return (Y) (study
on property sector listed in the Indonesian Stock Exchange). The population in this
research is 41 companies; samples are seven companies with purposive sampling
method. This type of research is quantitative. Analysis of data uses path analysis with
SPSS 23. Based on data analysis, the results of this research indicate that the return on
asset (X1) decisions positively affect the stock return, while debt to equity ratio (X2)
did not significantly affect the stock return.
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Author : Bambang, Dwi Hartono Abstrak: Download disini !
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Author : Setiawan, Edi Abstrak: Download disini !
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