Analysis of the Effect of Interest Rates, Exchange Rate Inflation and Foreign Investment (PMA) on Economic Growth in Indonesia in 1986-2020
- https://doi.org/10.2991/aebmr.k.220602.041How to use a DOI?
- Economic Growth; Foreign Investment; Interest Rate; Indonesia; Multiple Regression
This study aims to examine several factors influencing economic growth. The independent variables in this study encompass several macroeconomic variables of interest rates, inflation, exchange rates, and foreign investment. This study employed the Ordinary Least Square (OLS) approach to analyze time-series data during 1986-2020, and the estimation steps comprised classical assumption, model goodness, and regression coefficient tests. The study results revealed that the variables of interest rates, inflation, exchange rates had a negative and significant effect on economic growth in Indonesia. However, foreign investment did not affect economic growth.
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Cite this article
TY - CONF AU - Wuri Nur Indah Sari AU - Eni Setyowati AU - Sherlyna Mandassari Putri AU - Sitti Retno Faridatussalam PY - 2022 DA - 2022/06/13 TI - Analysis of the Effect of Interest Rates, Exchange Rate Inflation and Foreign Investment (PMA) on Economic Growth in Indonesia in 1986-2020 BT - Proceedings of the International Conference on Economics and Business Studies (ICOEBS 2022) PB - Atlantis Press SP - 313 EP - 320 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220602.041 DO - https://doi.org/10.2991/aebmr.k.220602.041 ID - Sari2022 ER -