Work

The Effect of Economic Growth, London Interbank Offered Rate (LIBOR), Exchange Rates and Covid-19 Pandemic on Foreign Direct Investment in Indonesia Period 2009-2023

Year: 2024

Type: article

Abstract: This study examines the influence of Economic Growth, LIBOR, Exchange Rates, and the Covid-19 Pandemic on Foreign Direct Investment (FDI) in Indonesia from 2009 to 2023. A quantitative approach was used for analysis. The results reveal that, over the period studied, Economic Growth and LIBOR both have a positive but minimal impact on FDI in Indonesia. The Covid-19 Pandemic, represented as a dummy variable, shows a positive but statistically insignificant effect on FDI at a 5% significance level, though it has a significant impact at the 10% level. In contrast, Exchange Rates have a positive and significant effect on FDI.

Source: Agregat Jurnal Ekonomi dan Bisnis

DOI: 10.22236/agregat_vol8.i1/15190

Authors: Mingga Hermaliza, Any Widayatsari, Sri Endang Kornita

Institution: Riau University

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W4402678063

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