Work

Analysis of the Effect of Interest Rates, Exchange Rate Inflation and Foreign Investment (PMA) on Economic Growth in Indonesia in 1986-2020

Year: 2022

Type: conference-paper

Abstract: This study aims to examine several factors influencing economic growth.The independent variables in this study encompass several macroeconomic variables of interest rates, inflation, exchange rates, and foreign investment.This study employed the Ordinary Least Square (OLS) approach to analyze time-series data during 1986-2020, and the estimation steps comprised classical assumption, model goodness, and regression coefficient tests.The study results revealed that the variables of interest rates, inflation, exchange rates had a negative and significant effect on economic growth in Indonesia.However, foreign investment did not affect economic growth.

Source: Advances in economics, business and management research/Advances in Economics, Business and Management Research

DOI: 10.2991/aebmr.k.220602.041

Authors: Wuri Nur Indah Sari, Eni Setyowati, Sherlyna Mandassari Putri, Sitti Retno Faridatussalam

Institution: Muhammadiyah University of Surakarta

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: hybrid

OpenAlex ID: W4285243446