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Do domestic direct investment, foreign direct investment, exports, and government spending matter for Indonesia's economic growth?

Year: 2024

Type: article

Abstract: This research aims to examine the influence of domestic direct investment (DDI), foreign direct investment (FDI), exports, and government spending on economic growth in Indonesia from 2006 to 2021, both simultaneously and partially. Time series data are used, with multiple linear regression employed for analysis. The findings indicate that DDI and government spending significantly affect economic growth, while FDI also has a significant impact. In contrast, exports have no significant effect on economic growth. These results highlight the importance of domestic investment and government expenditure in driving economic growth in Indonesia.

Source: International Review of Economics and Financial Issues.

DOI: 10.62941/irefi.v1i2.15

Authors: Bella Nova Prastika, Martahadi Mardhani, Miswar

Institution: Samudra University

Language: English

Topic: Fiscal Policy and Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

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

Open Access status: hybrid

OpenAlex ID: W4406069163

FWCI:

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