Business and Economic Analysis Journal
Vol 1, No 2 (2021): November 2021

The Impact of Consumer Price Index, Foreign Direct Investment, Bank Credit and Labour Force on Economic Growth in Indonesia




Article Info

Publish Date
20 Nov 2021

Abstract

This study aims to analyse the impact of consumer price index on GDP, to analyse the im-pact of Foreign Direct Investment (FDI) on GDP, to analyse the impact of bank credit on GDP, to analyse the impact of Labour Force on GDP. The sample in this study are the data for GDP, direct investment (FDI), bank credit, Consumer Price Index, and the labour force with annual data for fourteen consecutive years that are from period 2005-2019 years.  ECM with e-views programs used to analyse the data. Based on the results of data analysis and discussion that has been presented, the following conclusions can be drawn that Con-sumer Price Index (CPI) has no impact on GDP in short term and long term, Foreign Direct Investment (FDI) has an impact on GDP in short term and long term, Bank Credit (BC) has no impact on GDP in short term and long term, Labour Force (LB) has no impact on GDP in short term and long term.

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Journal Info

Abbrev

beaj

Publisher

Subject

Economics, Econometrics & Finance

Description

Business and Economics Analysis Journal is a journal published by Universitas Negeri Semarang-Indonesia who only publish a scientific research in the field of economics science, business, accounting and management. This journal also receive all of articles from developing and developed countries. ...