Effect of Labor and Foreign Investment on Economic  Growth in Indonesia

Jannah, Sawiyah Raudhatul; Suriani, Suriani; Yulindawati, Yulindawati

doi:10.24815/ekapi.v9i1.28587

Cited by 8 publications

(7 citation statements)

References 9 publications

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“…The coefficients of labor and capital are highly significant, suggesting a strong positive effect on Economic growth. For positive relationship see (Sani et al 2018;Kala et al 2018;Ashiq et al, 2023;Audi et al, 2024;Tawari, 2024). The variable of export is also highly significant, indicating a robust increase economic growth of Singapore.…”

Section: Results and Interpretationmentioning

confidence: 99%

Exports, FDI Inflows, Renewable Energy and Economic Growth: An Empirical Evidence from Singapore

Ahmad,

Saeed,

Saeed

et al. 2024

BBE

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The present study captures the impact of exports; FDI inflows and renewable energy on economic growth of Singapore economy by covering time period 1989-2022 in the context of Cobb-Douglas production function. This study applies ARDL approach for obtaining empirical results. The estimated results will further be tested by taking most of the diagnostic tests to make check whether the results are robust or not. The findings of this study reveal that exports; FDI inflows and renewable energy have a positive and statistically significant impact on the economic growth. However, short run impact of renewable energy is witnessed as insignificant while exports and FDI inflows contribute significantly in boosting economic growth. Moreover, labor and capital also play a positive role in enhancing economic growth. Based on these findings; this study suggests that exports; FDI inflows, and renewable energy may be given more importance by expanding their size if domestic production in Singapore is required to be increased.

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Section: Results and Interpretationmentioning

confidence: 99%

Exports, FDI Inflows, Renewable Energy and Economic Growth: An Empirical Evidence from Singapore

Ahmad,

Saeed,

Saeed

et al. 2024

BBE

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show abstract

“…Additionally, the analysis indicates that SCP is affected by investment growth rate and population growth rate. On (Kala et al, 2018), Research conducted using the Cobb-Douglas Production Function and the ordinary least square method (OLS) indicates that controlling inflation can lead to a reduction in interest rates, thereby increasing capital accumulation and ultimately fostering economic growth in Indonesia. On the (Yolanda, 2017), Multiple regression analysis was employed to discover various models in the data analysis.…”

Section: Figure 1 Inflation Mapmentioning

confidence: 99%

Finding the Best Model in Nonlinear Regression: Using the Coefficient of Determination

Handayani,

Reza,

Mehmood

2023

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In Indonesia, inflation plays a significant role in shaping economic growth. Therefore, it is essential toexamine the impact of inflation on economic growth through a comprehensive analysis. This analysisaims to identify the factors influencing economic growth in Indonesia by utilizing nonlinear regressionanalysis. The study focuses specifically on modeling economic growth in Batam City and its correlation with inflation. The primary goal is to identify the most effective nonlinear regression model thataccurately represents the relationship between economic growth and inflation, as determined by the coefficient of determination. The method used in this research is nonlinear regression methods providea more accurate and comprehensive analysis when dealing with complex relationships and can helpuncover valuable insights that may be missed by simpler linear models. The results of the analysisfinding the model that is suitable for modeling inflation on economic growth is a quadratic model witha coefficient of determination of 73.4%. The research has found that the best model for explaining theimpact of inflation on economic growth is the Quadratic model with an R-value of 0.734 or 75%. Theseresults indicate that the Quadratic model can account for 75% of the influence of inflation on economicgrowth.

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“…Some studies have found a positive relationship between inflation and economic development. One reason for this is that moderate inflation rates can stimulate economic growth by encouraging spending and investment [2], [37]. However, high inflation rates can cause financial instability and harm economic growth [31].…”

Section: Introductionmentioning

confidence: 99%

“…The relationship between income inequality, economic growth, inflation, and unemployment is complex and varies depending on specific contexts. In West Java Province, policies aimed at reducing income inequality, inflation, and unemployment can have both positive and negative impacts on economic growth [2], [21], [28], [32], [34], [43], [44].…”

Section: Introductionmentioning

confidence: 99%

Relationship between Income Inequality, Economic Growth, Inflation, and Unemployment in West Java Province

Fauzan

Amalia²,

Ali

2023

WSBM

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This study uses panel data analysis and regression analysis to examine the relationship between income inequality, economic growth, inflation, and unemployment in West Java Province. The results of the panel data analysis indicate that income inequality, inflation, and unemployment significantly negatively affect economic growth. The regression analysis shows that income inequality significantly affects unemployment, while economic growth and inflation have a significant positive effect on unemployment. The study suggests that income inequality, inflation, and unemployment are important factors that affect economic growth and unemployment rates in West Java Province.

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Effect of Labor and Foreign Investment on Economic Growth in Indonesia

Cited by 8 publications

References 9 publications

Exports, FDI Inflows, Renewable Energy and Economic Growth: An Empirical Evidence from Singapore

Exports, FDI Inflows, Renewable Energy and Economic Growth: An Empirical Evidence from Singapore

Finding the Best Model in Nonlinear Regression: Using the Coefficient of Determination

Relationship between Income Inequality, Economic Growth, Inflation, and Unemployment in West Java Province

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