Foreign and Private Domestic Investments in Indonesia: Crowding-In or Crowding-Out?
This study aims to investigate the empirical relationship between Foreign Direct Investment (FDI) to Private Domestic Investment (PDI) in Indonesia by using quarterly data from 1990Q2 to 2020Q2. It tests the crowding-in effect (which suggests complementarity between FDI and PDI) and crowding out eff...
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Format: | Article |
Language: | English |
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Bank Indonesia
2022
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Online Access: | https://repository.ugm.ac.id/282835/1/Setiyanto_EB.pdf |