JURNAL DINAMIKA EKONOMI PEMBANGUNAN
Vol 4, No 3 (2021): DECEMBER

DETERMINAN PENANAMAN MODAL ASING DI INDONESIA PERIODE 1970-2020: PENDEKATAN NARDL

Achmad Jufri (Magister Ekonomi Syariah UIN Sunan Kalijaga Yogyakarta)
Sandi Mulyadi (Magister Ekonomi Syariah UIN Sunan Kalijaga Yogyakarta)
Muhammad Ghafur Wibowo (Magister Ekonomi Syariah UIN Sunan Kalijaga Yogyakarta)
Iqbal Rafiqi (Institut Dirosat Islamiyah Al-Amien)

Article Info

Publish Date
29 Mar 2022

Abstract

This study aims to examine the asymmetric relationship between trade opennes, exchange rate and market size to FDI (Foreign Direct Investment) in Indonesia using the NARDL (Non Linear Autoregressive Distributed Lag) method during the period 1970 to 2020. The results of the study found that there was a long-term asymmetrical effect of market size and trade openness on FDI. Meanwhile, the asymmetric effect of the dollar exchange rate on FDI was not found.

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Journal Info
JURNAL DINAMIKA EKONOMI PEMBANGUNAN
Website

Abbrev

dinamika_pembangunan

Publisher

Universitas Diponegoro

Subject

Economics, Econometrics & Finance

Description

Jurnal Dinamika Ekonomi Pembangunan published by Department of Economics and Development Studies Faculty of Economics and Business, Diponegoro University. Jurnal Dinamika Ekonomi Pembangunan published three times a year contains scientific articles that discuss state of the art theory and empirical ...