Analysis of the Influence of Direct Investment and Labor on Economic Growth in Indonesia
DOI:
https://doi.org/10.55927/fintech.v2i4.11939Keywords:
Direct Invesment, Labor, Economic GrowthAbstract
This study aims to analyze the effect of investment and labor on economic growth in Indonesia. One of the factors that affects economic growth is foreign direct investment (FDI). In addition to FDI, labor also plays an important role in economic growth. This study uses secondary data in the form of a thirteen-year time series from 2010-2023, namely with direct investment variables (X1) and Labor (X2). The analysis method used is quantitative, using Multiple Linear Analysis Techniques with the help of the E-Views 9 program. The results of this study indicate that direct investment and labor variables have a significant positive impact on economic growth in Indonesia.
Downloads
References
Candra, B. (2019). The Influence of Labor on Economic Growth in Indonesia. Indonesian Economic Journal, 8(2), 123-145.
Hadi, I., & Utami, N. (2021). The Role of Foreign Investment in Economic Development: Evidence from Indonesia. International Journal of Economics and Financial Issues, 11(3), 32-45. https://doi.org/10.32479/ijefi.11310
Husna, S., & Pramudya, Y. (2020). Analyzing the Impact of Foreign Direct Investment on Economic Growth in Indonesia. Asian Economic Policy Review, 15(4), 55-68. https://doi.org/10.1111/alepr.12204
Kurniawan, S., & Azhari, M. (2022). Labor Force and Economic Growth: AL Panel Data Analysis of Indonesia. Economic Modelling, 103, 105569. https://doi.org/10.1016/j.econmod.2022.105569
Lestari, AL., & Pratama, E. (2020). Effects of Foreign Direct Investment and Labor Market on Indonesia's Economic Growth. Journal of Development Economics, 15(2), 78-89. https://doi.org/10.1016/j.jdeveco.2020.04.002
Marwan, H., & Sari, D. (2019). The Influence of Labor and Foreign Direct Investment on Economic Growth: A Case Study of Indonesia. Journal of Economic Development, 24(2), 145-159. https://doi.org/10.35848/2528-7524/24/2/3
Prasaja, AL. (2016). Analysis of the Impact of Foreign Direct Investment on Indonesia's Economic Growth. Journal of Economics and Development, 14(1), 45-58
Rizal, R., & Ayub, N. (2023). The Impact of Foreign Direct Investment on Economic Growth in Southeast Asia: Evidence from Indonesia. Journal of Asian Economics, 80, 102328. https://doi.org/10.1016/j.alsieco.2023.102328
Widodo, T., & Zalinal, AL. (2021). Foreign Direct Investment, Labor Productivity, and Economic Growth in Emerging Malrkets. Emerging Malrkets Finalnce alnd Tralde, 57(1), 214-228. https://doi.org/10.1080/1540496X.2020.1765662
Walhyuni, S., & Hermalwaln, J. (2019). The Interalction of Lalbor Force alnd Foreign Direct Investment on Economic Growth in Developing Countries. Globall Economics Review, 14(1), 112-126. https://doi.org/10.11648/j.ger.2019.04.01.16
World Economic Forum. (2021). The Globall Competitiveness Report 2021. Geneval: World Economic Forum.
Yulialnal, M., & Yalnto, M. (2018). Determinalnts of Economic Growth in Indonesial: AL Study on the Role of FDI alnd Lalbor. Economic Resealrch-Ekonomskal Istralživalnjal, 31(1), 317-330. https://doi.org/10.1080/1331677X.2018.1459084
Zalinuddin, AL., & Lestalri, F. (2018). The Impalct of Foreign Direct Investment alnd Lalbor on Economic Growth: Evidence from Indonesial. Internaltionall Journall of Economics alnd Finalnciall Issues, 8(2), 20-30. https://doi.org/10.32479/ijefi.6807
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Meri Epriyanti, Sunoto Sunoto
This work is licensed under a Creative Commons Attribution 4.0 International License.