Record Details

The Impact of Macroeconomic Indicators to Foreign Investment in Indonesia

Jurnal Ekonomi dan Pembangunan Indonesia

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Field Value
 
Title The Impact of Macroeconomic Indicators to Foreign Investment in Indonesia
 
Creator Juanda, Bambang
Mahyuddin, Mahyuddin
 
Subject economics
Macroeconomic indicators (economic growth, inflation and interest rate), foreign investment
E22, C22
 
Description This paper studies the effect of domestic and foreign macroeconomy performances on the foreign direct investment (PMA) in Indonesia, employing descriptive and inferencial (econometric model) analyses. The national economic growth and national interest rate affect significantly PMA in Indonesia. While the national inflation rate positively -effected on PMA, but results show that hyperinflation contributes to decreasing PMA. The macroeconomic improvement in some _competitor countries, especially Chinese and Thailand tends to decrease PMA in Indonesia. However, the improvement of macroeconomies in Singapore and Malaysia can increase PMA in Indonesia. Therefore, bilateral relationship with these countries must be intensified. In addition, although the economic growth of some More Developed Countries (MDCs) has positive relationship with PMA in Indonesia, but their effect were not significant statistically, except Canada. This implies that global finance crisis, especially in USA and european countries would not largely effect on PMA in Indonesia.
 
Publisher Department of Economics-FEB UI
 
Contributor —
 
Date 2009-01-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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Format application/pdf
 
Identifier http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/165
10.21002/jepi.v9i2.165
 
Source Jurnal Ekonomi dan Pembangunan Indonesia; Vol 9, No 2 (2009): Januari; 157-169
2406-9280
1411-5212
 
Language eng
 
Relation http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/165/79
 
Coverage Indonesia
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