Jurnal Sains Sosio Humaniora
Vol. 5 No. 2 (2021): Volume 5, Nomor 2, Desember 2021

The impact of foreign direct investment and government expenditure on economic growth: Empirical evidence from Indonesian economy

Ratna Mutia (Department of Economics Education, Universitas Serambi Mekkah (USM), Indonesia)
Khairul Aswadi (Department of Management, Universitas Islam Kebangsaan Indonesia (UNIKI), Indonesia)
Martahadi Mardhani (Department of Development Economics, Universitas Samudra (UNSAM), Indonesia)
Amiruddin Hasan (Department of Economics Education, Universitas Syiah Kuala (USK), Indonesia)
Amrusi Amrusi (Department of Economics Education, Universitas Syiah Kuala (USK), Indonesia)

Article Info

Publish Date
31 Dec 2021

Abstract

This paper examines the impact of economic growth through foreign direct investment and government expenditure for 2000-2020 on the Indonesian economy. We have applied an ordinary least squares regression (OLS) approach to estimate these parameters. Our findings show that government expenditure and foreign direct investment (FDI) positively and significantly impact economic growth. Further research using disaggregated data is needed to determine the more profound impact on economic growth.

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Journal Info
Jurnal Sains Sosio Humaniora
Website

Abbrev

JSSH

Publisher

Universitas Jambi

Subject

Arts Humanities Education Social Sciences

Description

Jurnal Sains Sosio Humaniora (JJSH) |E-ISSN: 2580-2305|P-ISSN: 2580-1244|is an open-access published by Research institutions and community service (LPPM), Universitas Jambi, Indonesia. receives research-based and conceptual articles in the fields of humanities and social science which have not been ...