JIET (Jurnal Ilmu Ekonomi Terapan) (Jun 2024)

The Effect of Foreign Direct Investment and Inflation on The Economic Growth of ASEAN Countries 2009-2020

  • Firyal Ramadhanty,
  • Wasiaturrahma Wasiaturrahma,
  • Anas Iswanto Anwar Makatutu

DOI
https://doi.org/10.20473/jiet.v9i1.57259
Journal volume & issue
Vol. 9, no. 1
pp. 91 – 108

Abstract

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This study aims to analyze the effect of foreign direct investment and inflation on economic growth in ASEAN countries. The analytical method used is a quantitative approach with multiple linear regression panel data method based on secondary data from foreign direct investment, inflation, and economic growth variables in 2009-2020. The analysis results show that FDI has no significant impact on the economic growth variable, and the inflation rate has a significant positive impact on the economic growth variable.

Keywords