THE EFFECT OF FOREIGN DIRECT INVESTMENT, INFLATION, AND EXPORT ON ECONOMIC GROWTH IN INDONESIAN
Main Article Content
Rizki Annisa Fitri*
A nation's economic health can be gauged by looking at factors like its rate of economic growth. The goal of this research was to identify both long- and short-term relationships among factors that influence economic growth in Indonesia. The period between 1988 and 2017 was used for analysis. In this case, the Error Correction Model is employed (ECM). This research shows that PMA has a positive and statistically insignificant effect both immediately and over time. Inflation is a major drag on economic growth both in the short and long term. To be sure, the export variable has a negative effect in the short term, but in the long run, it has a positive and insignificant effect.
Agma, S. F. (2015). Peranan Foreign Direct Investment Terhadap Pertumbuhan Ekonomi Indonesia. Jurnal Ilmiah, 1–14.
Aizenman, J., Jinjarak, Y., & Park, D. (2013). Capital Flows and Economic Growth in the Era of Financial Integration and Crisis, 1990-2010. Open Economies Review, 24(3), 371–396. https://doi.org/10.1007/s11079-012-9247-3
Ardiansyah, H. (2017). Pengaruh Inflasi Terhadap Pertumbuhan Ekonomi Di Indonesia. Jurnal Pendidikan Ekonomi (JUPE), Vol.5(No.3), 2.
Arianti, N. M. M. & F. (2013). Analisis Pengaruh Penanaman Modal Asing dan Penanaman Modal Dalam Negeri Terhadap Pertumbuhan Ekonomi : di Jawa Tengah 1990-2010. Fakultas Ekonomika dan Bisnis Universitas Diponegoro. 2(2005), 1–9.
Asiyan, S. (2013). Pengaruh Penanaman Modal Dalam Negeri, Penanaman Modal Asing, dan Ekspor terhadap Pertumbuhan Ekonomi Jawa Timur. Jurnal Pendidikan Ekonomi (JUPE), 1(3), 1–18.
Bank, W. (n.d.). GDP growth (annual %) Indonesia. https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=ID
Barro, R. J. (2013). Inflation and economic growth. Annals of Economics and Finance, 14(1), 121–144. https://doi.org/10.1086/259360
Feeny, S., Iamsiraroj, S., & McGillivray, M. (2014). Growth and Foreign Direct Investment in the Pacific Island countries. Economic Modelling, 37, 332–339. https://doi.org/10.1016/j.econmod.2013.11.018
Hapsari, R. D., & Prakoso, I. (2016). Penanaman Modal Dan Pertumbuhan Ekonomi Tingkat Provinsi Di Indonesia. Jurnal Ekonomi Dan Bisnis, 19(2), 211. https://doi.org/10.24914/jeb.v19i2.554
Hodijah, S., & Angelina, G. P. (2021). Analisis pengaruh ekspor dan impor terhadap pertumbuhan ekonomi di Indonesia. Jurnal Manajemen Terapan Dan Keuangan, 10(01), 53–62.
Indriyani, S. (2016). Analisis Pengaruh Inflasi Dan Suku Bunga Terhadap Pertumbuhan Ekonomi Di Indonesia Tahun 2005 – 2015. Jurnal Manajemen Bisnis Krisnadwipayana, 4(2). https://doi.org/10.35137/jmbk.v4i2.37
Keynes, J. . (1936). The-General Theory Of Employment Interest And Money.
Kurniasih, E. P. (2019). The Long-Run and Short-Run Impacts of Investment, Export, Money Supply, and Inflation on Economic Growth In Indonesia. Journal of Economics, Business & Accountancy Ventura, 22(1). https://doi.org/10.14414/jebav.v22i1.1589
Lastri, W. A., & Anis, A. (2020). Pengaruh E-Commerce, Inflasi, Dan Nilai Tukar Terhadap Pertumbuhan Ekonomi Indonesia. Jurnal Kajian Ekonomi Dan Pembangunan, 2(1), 151. https://doi.org/10.24036/jkep.v2i1.8902
Lubis, I. F. (2020). Analisis Hubungan Antara Inflasi Dan Pertumbuhan Ekonomi: Kasus Indonesia. Quantitative Economics Journal, 3(1), 41–52. https://doi.org/10.24114/qej.v3i1.17443
Mahzalena, Y., & Juliansyah, H. (2019). Pengaruh inflasi, pengeluaran pemerintah dan ekspor terhadap pertumbuhan ekonomi di Indonesia. Jurnal Ekonomi Regional Unimal, 2(1), 37–50.
Menshikov, A. V., Kalabashkina, Y. V., & Zverev, S. A. (2015). Investment as a factor of economic growth. Mediterranean Journal of Social Sciences, 6(3), 259–284. https://doi.org/10.5901/mjss.2015.v6n3s7p259
Mohseni, M., & Jouzaryan, F. (2016). Examining the Effects of Inflation and Unemployment on Economic Growth in Iran (1996-2012). Procedia Economics and Finance, 36(16), 381–389. https://doi.org/10.1016/s2212-5671(16)30050-8
N.Gregory, M. (2007). Makroekonomi (Keenam). Erlangga.
Nopirin. (2000). Ekonomi Moneter (Buku II). PT Raja GrafindoPersada.
Riaz, N., & Riaz, S. (2018). Investment and Economic Growth: A Panel Data Analysis. Asian Development Policy Review, 6(1), 20–31. https://doi.org/10.18488/journal.107.2018.61.20.31
Sadono, S. (2005). Makro Ekonomi Modern: Perkembangan Pemikiran dari Klasik hingga Keynesian baru. Raja Grafindo Pustaka.
Sadono sukirno. (2013). Pengantar Teori Makro Ekonomi. In PT Rajagrafindo Persada. PT Raja GrafindoPersada.
Safari, M. fitriani, & Fikri, A. A. H. S. (2016). Analisis Pengaruh Ekspor, Pembentukan Modal, dan Pengeluaran Pemerintah Terhadap Pertumbuhan Ekonomi Indonesia. Seminar Nasional: Penguatan Hubungan Antara Pengembangan Keterampilan, Pendidikan, Dan Ketenagakerjaan Generasi Muda, 216–227.
Saymeh, A. A. F., & Orabi, M. M. A. (2013). The Effect of Interest Rate, Inflation Rate, GDP, on Real Economic Growth Rate in Jordan. Asian Economic and Financial Review, 3(3), 341–354.
Stievany, G. M., & Jalunggono, G. (2022). Analysis Of The Effect Of Inflation, Exports And Imports On Indonesia’s Economic Growth. Marginal : Journal of Management, Accounting, General Finance and International Economic Issues, 1(3), 1–14. https://doi.org/https://doi.org/10.55047/marginal.v1i3.140
Suryani, Y., & Ika, D. (2019). Faktor-Faktor Yang Mempengaruhi Pertumbuhan. Jurnal Akuntansi Dan Bisnis, 7(September 2021), 1–7.
Tadaro, Michael P, S. C. S. (2008). Pembangunan Ekonomi. In Journal of Chemical Information and Modeling (9th ed.). Erlangga.
Tyas, H. P. (2022). Analisis Ekspor Indonesia Tahun 1990-2019. Transekonomika: Akuntansi, Bisnis Dan Keuangan, 2(2), 37–52.
