Darmayuda Darmayuda
Riau University

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Journal : Jurnal Inovasi Bisnis (Inovbiz)

The Effect of Trade Openness, Foreign Direct Invest-ment (FDI) and Inflation on Gross Regional Domestic Product (GRDP) in Riau Province 2003 - 2022 Fitri Ramadani; Syapsan Syapsan; Darmayuda Darmayuda
Inovbiz: Jurnal Inovasi Bisnis Vol 12, No 1 (2024)
Publisher : Politeknik Negeri Bengkalis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35314/inovbiz.v12i1.3662

Abstract

This research aims to investigate the effect of Trade Openness, Foreign Direct Investment (FDI), and Inflation on the Gross Regional Domestic Product (GRDP) in Riau Province 2003-2022. The analytical method employed is multiple linear regression analysis, specifically the Ordinary Least Squares (OLS) method, using E-Views 12 software. The simultaneous analysis results show that the variables Trade Openness, Foreign Direct Investment (FDI) and Inflation collectively have a significant impact on the GDP in Riau Province 2003-2022. Meanwhile, the partial analysis indicates that the variables Trade Openness, Foreign Direct Investment (FDI) have a positive effect and inflation has a negative effect on the GRDP in Riau Province.