Download fulltext HTML
Saepuloh, D., Nuning Mulatsih, S., & ., S. (2019). The Influence of Economic Growth, BI Rate, and Inflation and the Impact on Direct Foreign Investment in Indonesia in 2010-2017. KnE Social Sciences, 3(13), 1172–1187. https://doi.org/10.18502/kss.v3i13.4275

https://doi.org/10.18502/kss.v3i13.4275

statistics

  • 461 Abstract Views
  • 448 PDF Views
  • 0 HTML Views

authors

  • D Saepuloh
    No author data available.
  • S Nuning Mulatsih
    No author data available.
  • Sutarjo .
    No author data available.

Published Date

  • Mar 31, 2019

The Influence of Economic Growth, BI Rate, and Inflation and the Impact on Direct Foreign Investment in Indonesia in 2010-2017

KnE Social Sciences / The 2nd International Conference on Islamic Economics, Business, and Philanthropy (2nd ICIEBP) / Pages 1172–1187

Abstract

Foreign direct investment (FDI) is a long-term investment for developing countries. FDI is very helpful for Indonesia in economic development. Increased foreign investment can directly improve the living standards of Indonesian people. Foreign investment can make a company capable of controlling international business operations and increase more profits. Whereas indirect foreign investment in the form of portfolio investment in the form of investments in financial assets such as stocks and bonds.Foreign Investment (PMA) during the study period has a minimum value of 7.13 and a maximum value of 9.44. Then obtained the mean or average value of 8.4341 and obtained the standard deviation value of 74765. Judging from the standard deviation that has the highest value is the SBI, which is 1.05446, this shows that SBI is more varied than other data. And the standard deviation that has the lowest value is GDP, which is 0.24816, this shows that GDP is homogeneous compared to others. Based on the calculation F Test is the Fcount value is 364,546. While the Ftable value is 2.92. Means that the Fcount value is 364,546> Ftable 2,92. Then H0 is rejected and Ha is accepted. Based on a significance value of 0,000 smaller than 0.05. This shows that Gross Domestic Product, BIinterstrate, and Inflation have a significant effect on FDI simultaneously.


 


 


Keywords: Foreign direct investment, economic development,value

References
[1] Dewi, Putu Kartika dan Nyoman Triaryati. 2015. Pengaruh Pertumbuhan Ekonomi, Suku Bunga dan Pajak Terhadap Investasi Asing Langsung. EJurnalManajemenUnud.


[2] Dewi, Tania Melinda dan Hendry Cahyono. 2016. Pengaruh Pertumbuhan Ekonomi, BI Rate, dan Inflasi Terhadap Investasi Asing Langsung di Indonesia. Jurnal Pendidikan Ekonomi


[3] Febriana, Asridan Masyhudi Muqorobbin. 2014. Investasi Asing Langsung di Indonesia dan Faktor-faktor yang Mempengaruhinya. Jurnal Ekonomi dan Studi Pembangunan.


[4] Jufrida, Firdaus, Mohd. Nur Syechalad, dan Muhammad Nasir. 2016. Analisis Pengaruh Investasi Asing Langsung (FDI) dan Investasi Dalam Negeri Terhadap Pertumbuhan Ekonomi Indonesia. JurnalPerspektif Ekonomi Darussalam.


[5] Pratiwi Nabilla Mardiana, Moch.Dzulkirom AR, dan Devi Farah Azizah. 2015. Pengaruh Inflasi, Suku Bunga SBI, dan Nilai Tukar Terhadap Penanaman Modal Asing dan Pertumbuhan Ekonomi di Indonesia.Jurnal Administrasi Bisnis


[6] Putra, Delta AnandaArga, Imam Mukhlis, danSugengHadiUtomo. 2017. Pengaruh Foreign Direct Investment, NilaiTukar Rupiah, dan Government Expenditure TerhadapPertumbuhanEkonomi di Indonesia. JurnalPendidikan: Teori, Penelitian, dan Pengembangan.


[7] Rahardja, Pratama, Mandala Manurung. 2016. TeoriEkonomiMakroedisi 5. Jakarta: LembagaPenerbitFakultasEkonomiUniversitas Indonesia.


[8] Septifany, Amida Tri, R. Rustam Hidayat, dan Sri Sulasmiyati. 2015. Analisis Pengaruh Inflasi, Tingkat Suku Bunga, Nilai Tukar Rupiah dan Cadangan Devisa Terhadap Penanaman Modal Asing di Indonesia. Jurnal Administrasi Bisnis.


[9] Tambunan, Rexsy S. 2015. Pengaruh Kurs, Inflasi, Libor dan PDB Terhadap Foreign Direct Invesment (FDI) di Indonesia. JOM FEKON.


[10] Wardhani, Ditasari Puspita dan Suharyono. 2017. Pengaruh Nilai Total Ekspor dan Variabel Makro ekonomi Lainnya Terhadap Foreign Direct Investment (FDI) di Indonesia.Jurnal Administrasi Bisnis (JAB).


[11] Solow M. R. 2016. “Resources and Economic Growth”.. Institute Professor of Economics, Massachusetts Institute of Technology, Cambridge, MA, USA.


[12] Herzer D. 2009. “Outward FDI and economic growth”. German Institute for Economic Research (DIW), Berlin, Germany and University of Wuppertal, Wuppertal, Germany.


[13] Payne E. J. 2007. “Inflation and inflation uncertainty: evidence from the Caribbean region”. Department of Economics, Illinois State University, Normal, Illinois, USA.


[14] Evert J. E. 1984. “Inflation and The Investing Borrower”. University of Western Australia.


[15] Koob S. S. 1984. “Direct foreign investment: a migration push-factor?”. Queens College of The City University of New York, New York 11367, USA.