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Purnomo, Sodik Dwi
Fakultas Ekonomika Dan Bisnis, Universitas Wijayakusuma Purwokerto, Jawa Tengah, Indonesia
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Journal : Journal of Economics Research and Policy Studies

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Analisis Keterbukaan Ekonomi terhadap Pertumbuhan Ekonomi di 6 Negara ASEAN Fatmawati, Anisa; Purnomo, Sodik Dwi; Jati, Damar; Setiawan, Gawik
Journal of Economics Research and Policy Studies Vol. 5 No. 1 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i1.1837

Abstract

This study aims to analyze the effect of economic openness, inflation, FDI, and government spending on economic growth in six ASEAN countries, including Indonesia, Malaysia, Vietnam, Thailand, Singapore, and the Philippines, from 2009 to 2021. The analysis method used in this study uses panel data analysis using a random effect model (REM) approach. This research shows that economic openness has a significant positive effect, inflation and government spending do not significantly affect economic growth, and FDI has a significant adverse effect on economic growth in six ASEAN countries. This research implies that the government must improve the domestic economy’s performance (producers) through import substitution policies and improved export governance with accommodative policies such as reducing export duties and VAT rates of 0 percent for producers who have just entered export activities. The government needs to improve the availability of market facilities and infrastructure and reduce barriers in exchanges between countries; this is so that there are more market choices for domestic producers to export and market choices for imports at competitive prices and lower costs due to good infrastructure. The limitations of this study are that it only examines the problems of the influence of economic openness, inflation, FDI, and government spending.
Co-Authors AA Sudharmawan, AA Adhitya, Bagus Ady Achadi Ady Achadi Agestifanka, Adna Fika Agus Prabawa ANISA FATMAWATI Anisa, Faefaya Ziadatul Arinastuti Arinastuti Aziezy, Enrico Cahyaningtyas Ria Uripi Cahyo, Heru Carla Selvianandia Alam Damar Jati Damar Jati Damar Jati Diah Retnowati Diah Setyorini Gunawan Eli Susanti Elvina Musyarof Fatmawati , Anisa Gita Putri Rahmawati Goro Binardjo Hari Winarto Hariski Nur Setiawan harsuti Harsuti, Harsuti Herbowo Herbowo, Herbowo Heri Setiawan Heris Kencana Herlina, Dian Nora Irhas Fudhail Isnaeni Rokhayati Istiqomah Istiqomah Istiqomah Istiqomah istiqomah istiqomah Istiqomah Istiqomah Ita Susilowati Kadarwati, Nunik kencana, heris Kinanti, Rinda Krisnhoe Sukma Danuta Larasati , Yustika Lestari, Herwiek Diyah Lilis Siti Badriah Lilis Siti Badriah Luhita, Tiladela Mahardika, Dwiki Adhia Matufany, Olga Melinda Minadi Wijaya Muntahanah, Siti Nasution, Annio Indah Lestari Neni Safitri Neni Widayaningsih Neni Widyaningsih Nina Mardiana (F01108057) Octisari, Sully Kemala Panggalih, Chandra Arif Priyatama, Tunggul Puji Utami Putra Galih Rahmawan Putra, Satria Iswara Rahmawan, Putra Galih Rahmawati, Gita Putri Ramadhan, Khafridho Esa Ratna Puji Astuti, Ratna Puji Ratna Pujiasuti Recha Pangestika Sambodo, Herman Santi Santi Suciningtyas Setiawan, Gawik Setiyaningsih, Apriyani Nur Siti Ainul Mukharomah Suharno Suharno Sukiman Sukiman Sundari, Sri Syaharani, Ajeng Bening Telefany Bunga Anugrah Ufit Panggarti Wahyuni, Yulina Tri Wulan Anggraini Yulina Tri Wahyuni Zuhaena, Fatwa Zumaeroh -