THE EFFECT OF ECONOMIC GROWTH AND INFLATION ON FOREIGN DIRECT INVESTMENT (FDI) IN ASEAN COUNTRIES

Muttaqien; Wardhiah; Muhammad Hafizh; Frengki Putra Ramansyah; Cut Zira Maulida

doi:10.54443/jaruda.v3i2.200

Authors

Muttaqien Universitas Malikussaleh
Wardhiah Faculty of Economics and Business Universitas Malikussaleh
Muhammad Hafizh Faculty of Economics and Business Universitas Malikussaleh
Frengki Putra Ramansyah Faculty of Economics and Business Universitas Malikussaleh
Cut Zira Maulida Faculty of Economics and Business Universitas Malikussaleh

DOI:

https://doi.org/10.54443/jaruda.v3i2.200

Keywords:

Economic growth, inflation, and foreign direct investment.

Abstract

This study aims to determine and see the effect of economic growth and inflation on foreign direct investment (FDI), besides that this study is also to analyze economic growth and inflation on FDI in ASEAN countries. The population in this study were 11 ASEAN countries but after researchers determined the criteria, researchers only took 7 samples in this study. This study uses panel data regression data analysis. The results showed that the economic growth variable had a positive and significant effect while inflation had no effect on FDI. While simultaneously economic growth and inflation affect foreign direct investment (FDI).

References

Andinata, C. P., Adenan, M., & Jumiati, A. (2018). Analisis Pendapatan Nasional di Negara-negara Anggota ASEAN (National Income Analysis on ASEAN Member Countries). Journal Ekuilibrium, 1(3), 21–30.

Putri, C. T., & Wilantari, R. N. (2016). Determinan Aliran Foreign Direct Investment Di Indonesia (Pendekatan Model Dunning). Media Trend, 11(2), 141. https://doi.org/10.21107/mediatrend.v11i2.1541

Fathoni, R. A. R., Musadieq, M. Al, & Supriono. (2017). Pengaruh Ekspor Intra Asean Dan Fdi Intra-Asean. Jurnal Administrasi Bisnis (JAB), 45(1). http://download.garuda.kemdikbud.go.id/article.php?article=636858&val=6 468&title= Pengaruh Ekspor Intra-Asean Dan Fdi Intra Asean Terhadap Pertumbuhan Ekonomi Negara Asean Studi pada Negara Indonesia Malaysia Singapura Filipina dan Thailand Tahun 2006-2015

Putri, W. N. (2023). Pengaruh Variabel Makro Ekonomi Terhadap Pendapatan Nasional di 9 Negara ASEAN Tahun 2013-2019. In Skripsi. Universitas Islam Indonesia.

Anwar, C. J., Kuswantoro, & Dewi, S. F. (2016). Faktor-Faktor Yang Mempengaruhi Foreign Direct Investment (Fdi) Di Kawasan Asia Tenggara. Media Trend, 11(2), 175. https://doi.org/10.21107/mediatrend.v11i2.1621

Fanani, R. (2023). Analisis Pengaruh Variabel Makro Ekonomi Terhadap Pertumbuhan Ekonomi Di 9 Negara Asean [Yogyakarta: Universitas Islam Indonesia]. In Skripsi.

http://repo.iain tulungagung.ac.id/5510/5/BAB 2.pdf

Rofii, A. M., & Ardyan, P. S. (2017). Analisis Pengaruh Inflasi, Penanaman Modal Asing (Pma) Dan Tenaga Kerja Terhadap Pertumbuhan Ekonomi Di Jawa Timur. Jurnal Ekonomi & Bisnis, 2(1), 303–316.

Khafidzin, H. L. P. (2021). Determinants Foreign Direct Investment (FDI) Inflow in ASEAN-8. Media Trend, https://doi.org/10.21107/mediatrend.v16i1.7227

Tiong, K. M., Cheng, M. Y., & Choong, C. K. (2022). the Roles of Ict Telecommunication Infrastructure on Foreign Direct Investment in Malaysia. Asian Academy of Management Journal, 27(2), 1–20. https://doi.org/10.21315/aamj2022.27.2.1

Anindita, F. B., Marbun, J., & Supriyadi, A. (2021). Pengaruh Produk Domestik Bruto, Nilai Ekspor, Dan Inflasi Terhadap Investasi Asing Langsung Di Indonesia Pada Tahun 2010-2019. Account, 8(1), 1455–1462. https://doi.org/10.32722/acc.v8i1.3878

Handayani, R. (2020). Metodologi Penelitian Sosial Budaya. In Jakarta: Bumi Aksara (Issue April).