KAUSALITAS INVESTASI ASING TERHADAP PERTUMBUHAN EKONOMI: Error Correction Model

Investment is one of the important components for the sustainability of economic development process. Research objectives to be achieved are to estimate the influence of foreign investment on economic growth, and vice versa.  The benefits to be gained are to increase the existence of economic growth...

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Main Authors: Eni Setyowati, Wuryaningsih DL, Rini Kuswati
Format: Article
Language:English
Published: Universitas Muhammadiyah Yogyakarta 2008-04-01
Series:Jurnal Ekonomi & Studi Pembangunan
Subjects:
Online Access:https://journal.umy.ac.id/index.php/esp/article/view/1527
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author Eni Setyowati
Wuryaningsih DL
Rini Kuswati
author_facet Eni Setyowati
Wuryaningsih DL
Rini Kuswati
author_sort Eni Setyowati
collection DOAJ
description Investment is one of the important components for the sustainability of economic development process. Research objectives to be achieved are to estimate the influence of foreign investment on economic growth, and vice versa.  The benefits to be gained are to increase the existence of economic growth theory can be applied in Indonesia, strengthen the results of previous studies, and clarify the understanding of the theory of economic growth. One of the way to analyze the influence of short-run and long run is to use dynamic models. In this study, the model used is the Engle Granger's Error Correction Models (EG-ECM), based Granger representation theorem. From the results of the research note that the variables that have a significant impact in the short run is the Foreign Direct Investment to GDP and vice versa. These research results have proved the existence of two-way causality
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spelling doaj.art-ee9dfe6679c34feea7463ff2383454692022-12-21T20:36:38ZengUniversitas Muhammadiyah YogyakartaJurnal Ekonomi & Studi Pembangunan1411-99002541-55062008-04-019169881303KAUSALITAS INVESTASI ASING TERHADAP PERTUMBUHAN EKONOMI: Error Correction ModelEni Setyowati0Wuryaningsih DL1Rini Kuswati2Fakultas Ekonomi Universitas Muhammadiyah SurakartaFakultas Ekonomi Universitas Muhammadiyah SurakartaFakultas Ekonomi Universitas Muhammadiyah SurakartaInvestment is one of the important components for the sustainability of economic development process. Research objectives to be achieved are to estimate the influence of foreign investment on economic growth, and vice versa.  The benefits to be gained are to increase the existence of economic growth theory can be applied in Indonesia, strengthen the results of previous studies, and clarify the understanding of the theory of economic growth. One of the way to analyze the influence of short-run and long run is to use dynamic models. In this study, the model used is the Engle Granger's Error Correction Models (EG-ECM), based Granger representation theorem. From the results of the research note that the variables that have a significant impact in the short run is the Foreign Direct Investment to GDP and vice versa. These research results have proved the existence of two-way causalityhttps://journal.umy.ac.id/index.php/esp/article/view/1527foreign investmentgdpeg-ecmeconomic growth
spellingShingle Eni Setyowati
Wuryaningsih DL
Rini Kuswati
KAUSALITAS INVESTASI ASING TERHADAP PERTUMBUHAN EKONOMI: Error Correction Model
Jurnal Ekonomi & Studi Pembangunan
foreign investment
gdp
eg-ecm
economic growth
title KAUSALITAS INVESTASI ASING TERHADAP PERTUMBUHAN EKONOMI: Error Correction Model
title_full KAUSALITAS INVESTASI ASING TERHADAP PERTUMBUHAN EKONOMI: Error Correction Model
title_fullStr KAUSALITAS INVESTASI ASING TERHADAP PERTUMBUHAN EKONOMI: Error Correction Model
title_full_unstemmed KAUSALITAS INVESTASI ASING TERHADAP PERTUMBUHAN EKONOMI: Error Correction Model
title_short KAUSALITAS INVESTASI ASING TERHADAP PERTUMBUHAN EKONOMI: Error Correction Model
title_sort kausalitas investasi asing terhadap pertumbuhan ekonomi error correction model
topic foreign investment
gdp
eg-ecm
economic growth
url https://journal.umy.ac.id/index.php/esp/article/view/1527
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AT wuryaningsihdl kausalitasinvestasiasingterhadappertumbuhanekonomierrorcorrectionmodel
AT rinikuswati kausalitasinvestasiasingterhadappertumbuhanekonomierrorcorrectionmodel