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Mochamad Ridwan, Mochamad
UNTAG Samarinda
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Journal : Journal of Research in Social Science and Humanities

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ANALYSIS OF THE EFFECT OF FOREIGN INVESTMENT AND PROVINCIAL MINIMUM WAGE ON GROSS REGIONAL DOMESTIC PRODUCT (CASE STUDY OF 8 PROVINCES IN INDONESIA) Putra, Wahyudi Nuryanto Dwi; Ridwan, Mochamad
Journal of Research in Social Science and Humanities Vol 5, No 1 (2025)
Publisher : Utan Kayu Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47679/jrssh.v5i1.229

Abstract

This study aims to provide an analysis of the effect of Foreign Direct Investment (FDI) and Provincial Minimum Wage (UMP) on Gross Regional Domestic Product (GRDP) in eight provinces in Indonesia, taking into account the dynamics and complexity of the economy in 8 provinces, including DKI Jakarta, East Java, West Java, Central Java, Banten, North Sumatra, South Sumatra, and South Sulawesi in the period 2018 to 2023. This study uses a REM model based on 2 tests including chow and hausman tests. The results indicate that FDI contributes significantly to the rate of GRDP in eight provinces in Indonesia, including South Sumatra, North Sumatra, DKI Jakarta, West Java, Central Java, East Java, Banten, and South Sulawesi during the period 2018 to 2023. The increase in the value of FDI is in line with the increase in GRDP in these provinces. In addition, UMP also influenced GRDP in eight provinces in Indonesia during the period 2018 to 2023. An increase in UMP is positively correlated with GRDP in eight provinces in Indonesia.
Co-Authors Abdul Rachman Syam Tuasikal Abdullah, Khairul Hafezad Adelina Dhinik Puspitasari Advendi Kristiyandaru Afandi, Mokh Salis Agista, Yeskia Yudiana Ahmedov, Farruh Akbar, M. Khoirul Andhega Wijaya Anggara, Jaka Anung Priambodo Aprilia, Ema Apriyanti, Cikit Ardiyansyah, Nabilah Fafriliani Cendana, Wiputra Demir, Gí¶ní¼l TekkurÅŸun Dewantoro, Nova Dwi Dona Sandy Yudasmara Dopong, Maulana Malik Dwi Cahyo Kartiko Dwi Purwanto, Bagus Edi Setiawan Edi Supriyadi Elizabeth Yohanes Fadhila, Saptania Faridha Nurhayati Farit Mochamad Afendi Fernanda, Alfina Wahyu Firmansyah Prawironastro, Muhammad Bagas Gazali, Novri Gazali, Zeinol Gigih Siantoro Gusti Noorlitaria Achmad Hadistyana Mutiarahmi Hari Wisnu, Hari Hartati, Merri Sri HASANAH APRILIA, NISWATIN Heryanto Nur Muhammad Hofmeister, Martin Hutapia IRMA FEBRIYANTI Ishak, Asmadi Ismail, Ghulam Zaky Juheri Jumareng, Hasanuddin Juniarisca, Dwi Lorry Juniarto, Pudji Ketut Sukiyono Khumairoh, Vika Amel Kumara, Bima Prasetya Kusharyanti, Rina Kusman Sadik Kusuma, Sagita La Ode Ahmad Safar Tosungku, La Ode Ahmad Safar Lesmana, Diky M. E. Winarno Mahmudi, Agus Mardiansyah, Oktyanus Maulana, Bagus Yudha Dwi Maulidya, Ayu Ningrum Mochamad Afif Baihaqi Mubarok, Muhammad Azmy Mudzaky, Azhar Nurin Mugiasih, Tri Restu Muhaiminul Aziz, Aat Mujtahidin, Afiq Hakim Ndhanni, Alvina Rahma Ningsih, Yuni Fitriyah Noorfitri, Karin Cetta Putri Nurokhman, Muhammad Habibu Nurrul Riyad Fadhli Oce Wiriawan Octarrum, Devina Pelupessy, Yohanes Kristopel Pratiwi, Alfina Diva Prawisma, Tri Jaka Setiyo Priambodo, R. Ervin Agung Prihanto, Junaidi Budi Putra, Wahyudi Nuryanto Dwi R Dimas Adityo Rahma Ndhanni, Alvina Rahman, Rizky Mulia Ramania, Vanesa Gerdian Rani Sugiarni Rasifa, Nur Rohman, Mohamad Fathur Romdhon, Mustofa Romi Gunawan, Romi Sampurno, Moh. Wahyu Budi Sapto Wibowo Schwerer, Leon SETIYO HARTOTO Sholikhah, Anindya Mar'atus Siskha Putri Sayekti Sofiansyah, Agus Sri Panca Setyawati Suhada, Umi Suryaninungrum, Anis Taufik Taufik Taufiq Hidayat Theresia Amelia Pawitra Trisnawati, Silva Ayu Tuasikal, Abdul Rahman Syam Twiska Naufal Arsyah Ghiffari Vega Candra Dinata Wahono, Keysha Azhalia Wardoyo, Tri Yarsah, Waldi Novi Yovhandra Ockta Yulianto, Achmad Yusnida Zhuka, Erika Mahardini