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Journal : Jurnal Ilmiah Akuntansi Kesatuan

The Influence of Foreign and Domestic Investment on Regional GDP Growth: A Panel Data Analysis Soegoto, Suryatno Wiganepdo; Natsir, Syahir; Adda, Harnida Wahyuni; Adam, Rosida P
Jurnal Ilmiah Akuntansi Kesatuan Vol. 13 No. 4 (2025): JIAKES Edisi Agustus 2025
Publisher : Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jiakes.v13i4.3995

Abstract

Economic growth in regions depends heavily on investment flows, both from foreign and domestic sources. Understanding how Foreign Direct Investment (FDI) and Domestic Investment (DI) affect regional development is crucial, especially in resource-rich but diverse areas like Sumatra. This study aims to analyze the influence of FDI and DI on Gross Regional Domestic Product (GRDP) growth across ten provinces in Sumatra and to explore their role in achieving Sustainable Development Goal 9 (SDG 9), which promotes inclusive and sustainable industrialization. Using panel data from 2010 to 2023 and employing a fixed effects model, the research examines provinces including Aceh, North Sumatra, West Sumatra, Riau, Jambi, South Sumatra, Bengkulu, Lampung, Riau Islands, and Bangka Belitung. The results indicate that both FDI and DI positively and significantly contribute to GRDP growth across all provinces studied. The findings also emphasize the critical role of government policies in fostering sustainable investment practices that align with SDG 9 targets. The study recommends that local governments prioritize sustainable investment strategies and strengthen the local industrial sector to promote long-term economic growth, supporting both regional development and global sustainability agendas.
Co-Authors Aan Maulana Adelia, Isnada Adfiyani Fadjar Amirudin, Muhammad Andi Indriani Ibrahim Arie Kurniawan Asngadi Asngadi Bakri Hasanuddin Benyamin Parubak DG. PARANI, SYAMSUL BAHRI Diky Dwiyanto Dwiyanto, Diky Elimawaty Rombe Erwan Sastrawan Erwan Satrawan Faris Erwan Satrawan Satrawan Faris Farid Farid Farid Farid, Farid Faris, Erwan Satrawan Fatlina Z Haliza, Siti Nur Hamza, Moh. Harnida Wahyuni Adda Hasnianti Heni Pujiastuti Husnah Husnah Husnah Husnah Husnah Husnah I Made Antara Idris Idris Ila, Nurfadilah Indriany, Indriany IRA NURIYA SANTI Jeki Jeki Jusriadi KORNELIUS, YOBERTH Lamusa, Arifudin Lamusa, Faruq Latjinala, Randy Lawasa, Abdul Mutakhir Lina Mahardiana Lukman, Riska Salsabila Ramadani Mahmud Lahay Masjaya Kamaliono Maskuri Sutomo Mattalatta, Wisra Max Nur Alam Max Nur Alam Mohammad Ega Nugraha Mohammad Zeylo Auriza Muh. Thaib Muhammad Amiruddin Muhammad Amiruddin Muhammad Amiruddin Muzakir Muzakir Nur Risky Islianty Nuranisa N Nuranisa Nuranisa Nuranisa, Nuranisa Nurfia N P. Adam, Fauziah Padaro, Wilna Dg. Palawa, Muh. Riswandi Ponirin Ponirin Ponirin Ponirin Ponirin, Ponirin Putri Dwi Avriani Rahmatio Rahmatio Rahmawati Rahmawati Rismanto Rismanto Rizcky Ardiansyah Rombe, Elimwaty Rustam Abd. Rauf Rustam Rustam Saiful Darman Sangkota, Megawaty Sarjun, Sri Siti Aminah H. Karim Sitti Aminah Hamzah Karim Slamet, Nurhudi Soegoto, Suryatno Wiganepdo Sofhan Sofhan Sofhan, Sofhan Sri Sarjun Sri Sarjuni Suaib, Fadila H. Suardi S Suardi Suardi suardi suardi Suci Rohmawati Sulvia Verawaty Susilawati, Resky Syahbuddin Syahbuddin Syahir Natsir Syamsul Bachri Syamsul Bachri Syamsul Bahri Dg.Parani Tambaru, Rachman Tandigala, Ishak Sandy Umar Syarifuddin Vera Ningsih Vitayanti Fattah Wahyuningsih Wahyuningsih Wiri Wirastuti Wisra W Wiwik Handayani Zainuddin, Fatlina Zakiyah Zahara Zalyanti, Nur Afni Zulfan Monoarfa