Dynamics of Foreign Direct Investment Manufacturing Sector in Indonesia
This research was conducted to determine the short-term and long-term effects between Gross Domestic Product, Interest Rates, and Inflation on Foreign Direct Investment in the manufacturing sector for the period 2004-2017. Study applied VECM (Vector Error Correction Model), secondary data obtained f...
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Format: | Article |
Language: | Indonesian |
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Fakultas Ekonomi Universitas Negeri Jakarta
2019-10-01
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Series: | Jurnal Pendidikan Ekonomi dan Bisnis (JPEB) |
Subjects: | |
Online Access: | http://journal.unj.ac.id/unj/index.php/jpeb/article/view/12692/7627 |
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author | Saparuddin Mukhtar Dicky Iranto Riana Raudha Adni |
author_facet | Saparuddin Mukhtar Dicky Iranto Riana Raudha Adni |
author_sort | Saparuddin Mukhtar |
collection | DOAJ |
description | This research was conducted to determine the short-term and long-term effects between Gross Domestic Product, Interest Rates, and Inflation on Foreign Direct Investment in the manufacturing sector for the period 2004-2017. Study applied VECM (Vector Error Correction Model), secondary data obtained from Bank Indonesia, BPS, and Bappenas. Based on the statistical results it can be concluded that: first, GDP has a positive and not significant effect in the short term, then in the long run, it has a negative effect toward FDI. Second, in the short term interest rates have a negative and not significant while in the long term interest rates have a negative and significant effect on FDI in the manufacturing sector. Lastly, inflation has a negative and insignificant effect, while, in the long-run inflation has a positive and significant effect on FDI in the manufacturing sector. |
first_indexed | 2024-12-21T01:47:10Z |
format | Article |
id | doaj.art-59fd4cbcd9524369bcff4ca65eb5cd7a |
institution | Directory Open Access Journal |
issn | 2302-2663 |
language | Indonesian |
last_indexed | 2024-12-21T01:47:10Z |
publishDate | 2019-10-01 |
publisher | Fakultas Ekonomi Universitas Negeri Jakarta |
record_format | Article |
series | Jurnal Pendidikan Ekonomi dan Bisnis (JPEB) |
spelling | doaj.art-59fd4cbcd9524369bcff4ca65eb5cd7a2022-12-21T19:19:59ZindFakultas Ekonomi Universitas Negeri JakartaJurnal Pendidikan Ekonomi dan Bisnis (JPEB)2302-26632019-10-017215316410.21009/JPEB.007.2.7Dynamics of Foreign Direct Investment Manufacturing Sector in IndonesiaSaparuddin Mukhtar0Dicky Iranto1Riana Raudha Adni2Faculty of Economics, Universitas Negeri Jakarta, IndonesiaFaculty of Economics, Universitas Negeri Jakarta, IndonesiaFaculty of Economics, Universitas Negeri Jakarta, IndonesiaThis research was conducted to determine the short-term and long-term effects between Gross Domestic Product, Interest Rates, and Inflation on Foreign Direct Investment in the manufacturing sector for the period 2004-2017. Study applied VECM (Vector Error Correction Model), secondary data obtained from Bank Indonesia, BPS, and Bappenas. Based on the statistical results it can be concluded that: first, GDP has a positive and not significant effect in the short term, then in the long run, it has a negative effect toward FDI. Second, in the short term interest rates have a negative and not significant while in the long term interest rates have a negative and significant effect on FDI in the manufacturing sector. Lastly, inflation has a negative and insignificant effect, while, in the long-run inflation has a positive and significant effect on FDI in the manufacturing sector.http://journal.unj.ac.id/unj/index.php/jpeb/article/view/12692/7627foreign direct investmentgdpinterest rates |
spellingShingle | Saparuddin Mukhtar Dicky Iranto Riana Raudha Adni Dynamics of Foreign Direct Investment Manufacturing Sector in Indonesia Jurnal Pendidikan Ekonomi dan Bisnis (JPEB) foreign direct investment gdp interest rates |
title | Dynamics of Foreign Direct Investment Manufacturing Sector in Indonesia |
title_full | Dynamics of Foreign Direct Investment Manufacturing Sector in Indonesia |
title_fullStr | Dynamics of Foreign Direct Investment Manufacturing Sector in Indonesia |
title_full_unstemmed | Dynamics of Foreign Direct Investment Manufacturing Sector in Indonesia |
title_short | Dynamics of Foreign Direct Investment Manufacturing Sector in Indonesia |
title_sort | dynamics of foreign direct investment manufacturing sector in indonesia |
topic | foreign direct investment gdp interest rates |
url | http://journal.unj.ac.id/unj/index.php/jpeb/article/view/12692/7627 |
work_keys_str_mv | AT saparuddinmukhtar dynamicsofforeigndirectinvestmentmanufacturingsectorinindonesia AT dickyiranto dynamicsofforeigndirectinvestmentmanufacturingsectorinindonesia AT rianaraudhaadni dynamicsofforeigndirectinvestmentmanufacturingsectorinindonesia |