Economic: Journal Economic and Business
Vol. 3 No. 2 (2024): ECONOMIC: Journal Economic and Business

The Influence of Foreign Investment and the Rupiah Exchange Rate on Indonesia's Economic Growth

Muammar Rinaldi (Program Studi Manajemen, Universitas Negeri Medan)
Johanes Adrian Manurung (Program Studi Manajemen, Universitas Negeri Medan)
Rona A. P. Panjaitan (a:1:{s:5:"en_US"
s:24:"Universitas Negeri Medan"
})

Evelyn Sinurat (Program Studi Manajemen, Universitas Negeri Medan)
Laila Era Fazira (Program Studi Manajemen, Universitas Negeri Medan)
Ananda Amelia (Program Studi Manajemen, Universitas Negeri Medan)
Justin Theo Munthe (Program Studi Manajemen, Universitas Negeri Medan)



Article Info

Publish Date
30 Apr 2024

Abstract

Ordinary Least Square (OLS) is one of the methods in multiple regression analysis to determine the effect of independent variables on dependent variables. To find out the effect of Foreign Direct Investment and Exchange Rate on Economic Growth, a quantitative analysis approach with Ordinary Least Square (OLS) model is needed. The objective of this research is to determine the effect of foreign investment and the rupiah exchange rate on economic growth in Indonesia. This research uses data on foreign investment in various sectors in the last 10 years, changes in the rupiah exchange rate between other countries' currency, and economic growth in Indonesia caused by various factors. And it is concluded that foreign investment has a positive but insignificant effect on the economic growth variable partially and rupiah exchange rate or rupiah exchange rate has unsignificant effect on the economic growth variable partially.

Copyrights © 2024






Journal Info

Abbrev

ejeb

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

ECONOMIC: Journal Economi and Business yang diterbitkan oleh Lembaga Riset Mutiara Akbar, Medan, Indonesia merupakan jurnal akses terbuka yang dapat digunakan sebagai media interaksi bagi seluruh cendikiawan di berbagai bidang Ekonomi dan Bisnis baik itu Karya Ilmiah kajian pustaka maupun ...