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Journal : Jurnal Simki Economic

The Role of Domestic Investment: A Case Study in Surakarta Karesidenan, Indonesia Muchsin, Muchsin; Saleh, Rahmat
Jurnal Simki Economic Vol 8 No 1 (2025): Volume 8 Nomor 1 Tahun 2025
Publisher : Universitas Nusantara PGRI Kediri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29407/jse.v8i1.1058

Abstract

The research aims to identify the factors that influence Domestic Investment (PMDN) in the Surakarta Karesidenan region. The research considers several aspects of variables as influencing factors, namely Road Length, Water Distribution, Labor, and Gross Regional Domestic Product. The data collection method is in the form of secondary data sources from the Central Bureau of Statistics, DPMPTSP Central Java. Observation of panel data time dimension research data in 2013-2018, covering the area used, including 7 (seven) districts/cities included in the Surakarta ex-Karesidenan, the number of observation data samples amounted to 42 samples. This study did not include the 2019-2024 period in the analysis because the global economic crisis due to the COVID-19 pandemic caused the PMDN economy to shift its priorities. In this case, companies will focus more on crisis management and divert already scarce financial resources to address the health and economic consequences of the COVID-19 pandemic, so companies will likely delay many of their investments and policies. The estimation method used is using panel data in individual effect (fixed effect) models. The results showed that partial analysis showed that road infrastructure does not affect domestic investment. Water infrastructure does not affect Domestic Investment. However, the research findings show that labor has a significant negative effect on domestic investment, and gross regional domestic product has a significant positive effect on domestic investment in the Surakarta Karesidenan region.
Co-Authors Abdul Kohar Ade Latifa, Ade Adi Kurniawan, Eka Afriva Khaidir Akhyar, M. Nur Alqarni, Wais Andi Faisal Bakti & Venny Eka Meidasari Andi Mariani Z., Andi Anggraini, Titi Anita Munawwaroh, Anita Asmara, Galuh Jati Asty Khairi Inayah Syahwani Baswindro Costa, Tiago Dadang Iwan Riswandi Daniel Happy Putra Deni Yanuar, M. Ikom Deny Setiawan Dini Yuniarti Ditaellyana Artha Dwiyana, Asnurbaety Fatoni, Zainal Fernando, Lanang Koko Gea Dwi Asmara Ginoga, Lesia Fatma Hadikusumo, Reina A. Hayatun Nufus Henrie Buchari, Henrie Hizir, Hizir Husna, Mawaddatul Iban, Angela Ibnu, Fitranita Iman Firmansyah Iman Firmansyah Irwan Irwan Ismail Ismail Iza, Nikmatul Jalil.M, Abd. Khalisni Khoirun Nisa Lesia Fatma Ginoga Lestari, Mathilda Sri Lisdayanti, Lisdayanti Lutfi Nurcholis Mashur Razak Meita Sondang Rizki, Meita Sondang Merdekawati, Eka Moh. Basri Muchsin Muchsin Nashiruddin, Rafie Neni Murniati Ningrum, Vanda Norman Luther Aruan, Norman Luther Nurdin, Andi Asmiati Oktafiani, Irin Pratama, Dhipo Rahmat Saleh Rahmatul Ahya Ramadhan, Masri Ramadhani, Suci Qadriana Ratih Pratiwi Resti Jayeng Ramadhanti Riyanto Riyanto Riyanto Roni Ekha Putera Rosyanti, Novi Ruslan, Arief Sabri Sabri Safar Nasir, Muhammad Salfiadis, Salfiadis Sianipar, Henry Siti Zubaidah Sitohang, Marya Yenita Soehartono SRI RAHAYU Suharni M.Pd Sujatmiko Sujatmiko Sunuyeko , Nurcholis Susriyati Mahanal Syahidin Syahidin, Syahidin Syahwani, Asty Khairi Inayah Syamsudin, Muhammad Hasan TUNJUNG SULAKSONO Ummah, Roisatul Ummi Chasanah, Ummi Utami, Dian Wahyu Utomo, Muhajir Varita, Nirma Wasilah Wasilah Wibowo, Wahyu Adi Setyo Yamaly, Fadhil Yusnaini Yusnaini Zakia Asrifah Ramly Zetra, Aidinil