ANALYSIS OF THE FACTORS INFLUENCING DOMESTIC INVESTMENT IN INDONESIA FROM 1990 TO 2019
Main
Meliya Putri Asdiyana*
Domestic investment is essentially the first step in economic development activities, which is a very important component in contributing to domestic national income. This study aims to analyze the effect of inflation, credit interest rates, labor and the IDR/US$ exchange rate on domestic investment in Indonesia. This study uses the ECM econometric analysis method to determine the factors that influence domestic investment in Indonesia. Econometric analysis shows that inflation, credit interest rates, the IDR/US$ exchange rate, and labor are significant to domestic investment in Indonesia. The advice given in this research is that the government should provide the development of an integrated system such as education, skills training that is commensurate with the needs of the labor market. Since the availability of a number of qualified workers will further increase the fighting power in increasing production capacity which can further increase investor interest in investing in the country and the government should anticipate the low exchange rate with a revaluation policy, namely the policy of increasing the domestic exchange rate against foreign exchange rates.
Anshar, H. (2008). Pengaruh Tenaga Kerja, Ekspor Dan Inflasi Terhadap Penanaman Modal Dalam Negeri (PMDN) Di Propinsi Jawa Tengah Periode Tahun 1985– 2005. Thesis. Universitas Islam Indonesia, Yogyakarta.
Boediono. (1989). Pengantar Ilmu Ekonomi. Yogyakarta: BPFE.
Chatak. (1981). Monetary Economics in Developing Countries. London: The MacMillan Press, Ltd.
Febriananda, F. (2011). Analisis Faktor-Faktor Yang Mempengaruhi Investasi Dalam Negeri Di Indonesia Periode Tahun 1988 - 2009.
Krugman. (2000). Ekonomi Internasional : Teori dan Kebijakan, Terjemahan DR. Faisal H. Basri, SE., MSc. Jakarta: PT Indeks Kelompok Gramedia.
Kusumaningtyas, M. E. (2012). Analisis Ketimpangan dan Faktor yang Mempengaruhi Investasi di Indonesia Tahun 1990 - 2010.
Madura, J. (1993). Financial Management. Florida University Express.
NH, E. S. (2004). Analisis Faktor-Faktor Yang Mempengaruhi Investasi Dalam Negeri Di Jawa Tengah Tahun 1980-2002.
Nisa, E. L. K., & Juliprijanto, W. (2022). Analisis Faktor Yang Mempengaruhi Investasi Asing Langsung Di Indonesia Pada Tahun 1989 - 2019. Transekonomika: Akuntansi, Bisnis Dan Keuangan, 2(1), 29–44.
Nopirin. (1992). Ekonomi Moneter Edisi I. Yogyakarta: BPFE – UGM, Yogyakart.
Payaman, S. J. (2001). Pengantar Sumber Daya Manusia. Jakarta: LPEE UI, Jakarta.
Prasetyantono. (1995). Agenda Ekonomi Indonesia. Jakarta: Gramedia.
Sadono, S. (2000). Makroekonomi Modern Perkembangan Pemikiran Dari Klasik Hingga Keynesian Baru. Jakarta: PT RajaGrafindo Persada.
Sarungu, J. (2012). analisis faktor yang Mempengaruhi Investasi di Indonesia tahun 1990-2010: Metode ECM.
Sastrowardoyo. (1994). Overview Perkembangan Investasi di Indonesia : Sebuah Pengantar. No. 7/11.
Tulus, T. (2001). Teori dan Penemuan Empiris. Jakarta: Salemba Empat.
