Faktor – Faktor Yang Mempengaruhi Masuknya Foreign Direct Investment Di Indonesia Dengan Perilaku Korupsi Sebagai Variabel Moderasi

Abstract

Penelitian ini bertujuan untuk menganalisa pengaruh produk domestik bruto, inflasi, suku bunga BI dan nilai tukar rupiah terhadap dollar pada masuknya foreign direct investment di Indonesia. Penelitian ini juga bertujuan untuk menganalisa apakah perilaku korupsi yang diukur dengan corruption perception index dapat memperkuat atau memperlemah hubungan antara produk domestik bruto, inflasi, suku bunga BI dan nilai tukar rupiah terhadap dollar dengan foreign direct investment. Populasi penelitian adalah nilai produk domestik bruto, inflasi, tingkat suku bunga BI dan nilai tukar rupiah terhadap dollar, FDI dan corruption perception index Indonesia sejak triwulan 1 tahun 2001 – triwulan 4 tahun 2018. Sampel ditentukan berdasarkan metode sampel jenuh, sehingga diperoleh 72 sampel. Data penelitian berupa data sekunder. Metode analisis menggunakan analisis regresi linear berganda. Hasil penelitian menunjukkan bahwa: produk domestik bruto dan nilai tukar rupiah terhadap dollar berpengaruh positif dan signifikan terhadap foreign direct investment. Inflasi berpengaruh negatif namun tidak signifikan terhadap foreign direct investment. Suku bunga BI berpengaruh negatif dan signifikan terhadap foreign direct investment. Corruption perception index memperkuat hubungan produk domestik bruto, suku bunga dan nilai tukar rupiah terhadap dollar pada masuknya foreign direct investment dan melemahkan hubungan inflasi terhadap foreign direct investment namun tidak signifikan.
 
 Kata kunci: produk domestik bruto, inflasi, suku bunga, nilai tukar rupiah terhadap dollar, foreign direct investment, corruption perception index.

The Effect of Foreign Direct Investment (Fdi), Investment Portfolio, Exchange Rate, and Inflation on Current Account Balance (Cab) With Corruption Perception Index (Cpi) as a Moderation Variable for the Period 1995-2022 in Asean-6

“…In addition, corruption is detrimental to the country and is a barrier to investment, trade, and development (Anhar, 2020). The findings of this study support the findings of previous studies conducted by researchers who found that the Corruption Perception Index (CPI) can moderate the independent variables on the dependent variable (Khairi, 2019;Lala, 2021;Moustafa, 2021).…”

“…Based on these data, it can be concluded that one of the GDP variables has a significant effect moderated by the CPI. Further research was carried out by Lala (2021), who found that CPI can moderate GDP and exports. The latest research conducted by Moustafa (2021) shows that CPI has a positive relationship with FDI.…”

“…In addition to the theory, there is also an explanation from Mauro (1995) those who said that perceptions of corruption can affect a country's economic activity in terms of investment and others by making CPI a moderating variable. Of course, this explanation is also based on several previous studies that made CPI a moderating variable (Khairi, 2019;Lala, 2021;Moustafa, 2021). In this study, the researcher used the CPI as a moderating variable because she wanted to see whether the Corruption Perception Index (CPI) could strengthen the independent variable or vice versa.…”