Journal of Malikussaleh Public Economics
Vol 6, No 1 (2023): JOURNAL OF MALIKUSSALEH PUBLIC ECONOMICS

THE EFFECT OF FOREIGN DEBT, FOREIGN INVESTMENT (FDI), AND GOVERNMENT SPENDING ON ECONOMIC GROWTH IN 5 ASEAN COUNTRIES

Asnawi Asnawi (Fakultas Ekonomi dan Bisnis, Universitas Malikussaleh)
Padhil Hasyim (Fakultas Ekonomi dan Bisnis, Universitas Malikussaleh)
Khairil Anwar (Fakultas Ekonomi dan Bisnis, Universitas Malikussaleh)
Muhammad Roni (Fakultas Ekonomi dan Bisnis, Universitas Malikussaleh)

Article Info

Publish Date
20 Jul 2023

Abstract

This study aims to analyze the effect of foreign debt, foreign investment and Government spending on Economic Growth in 5 Asean Countries. The data used in this study is cross-sectiaon data from 2011-2020 obtained from the World Bank. The data is then analyzed using the Panel data regression model. The results of this study show that foreign debt has a positive and significant effect on economic growth in 5 asean countries. Foreign investment has no positive and significant effect. And Government spending has a positive and significant effect on economic growth in 5 Asean countries. The government is advised to carefully manage foreign debt to create positive Economic Growth, Create a conducive Investment climate and increase spending to boost Economic Growth.

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Journal Info
Journal of Malikussaleh Public Economics
Website

Abbrev

jompe

Publisher

Universitas Malikussaleh

Subject

Economics, Econometrics & Finance Education

Description

Fokus Kajian dalam Jurnal ini Adalah Pengeluaran Pemerintah , Pendapatan Pemerintah,Penetua Kebijakan Pemerintah dan Perusahaan, Penerapan Ekonomi Modern, Metode analissi ...