ANALISIS PENGARUH TRADE OPENNESS TERHADAP GROSS DOMESTIC PRODUCT ASEAN-5 PERIODE 2005-2014

Soraya Nabila Putri (Jurusan Ilmu Ekonomi Fakultas Bisnis dan Ekonomika Universitas Surabaya)
Suyanto Suyanto (Fakultas Bisnis dan Ekonomika Universitas Surabaya)
Firman Rosjadi Djoemadi (Fakultas Bisnis dan Ekonomika Universitas Surabaya)

CALYPTRA : Jurnal Ilmiah Mahasiswa Universitas Surabaya
Vol. 7 No. 2 (2019): Calyptra : Jurnal Ilmiah Mahasiswa Universitas Surabaya (Maret)

This study aims to analyze the effect of trade openness, human development index, and foreign direct investment on gross domestic product in ASEAN-5 countries (Indonesia, Thailand, Singapore, Malaysia and Philippines) for 2005-2014 period. This research uses quantitative approach with panel data regression model. The results of this study indicate that trade openness has a significant positive effect on gross domestic product at quadratic level. Similarly, human development index and foreign direct investment individually have a statistically significant effect on gross domestic product. So it can be concluded that internal and external variables of ASEAN-5 countries have a positive and significant influence on gross domestic product.