Analysis of the Influence of FDI, PMDN, Exports and Inflation on North Sumatra's GRDP in 2001-2020

Dewi Rahma Damayanti (Universitas Negeri Medan)

Asian Journal of Applied Business and Management (AJABM)
Vol. 1 No. 2 (2022): November 2022

This study aims to analyze the effect of Foreign Investment, Domestic Investment, Exports and Inflation on the Gross Regional Domestic Product of North Sumatra Province, with a time series from 2001 to 2020 sourced from the Central Bureau of Statistics of North Sumatra. The method used in this study is descriptive quantitative with multiple linear regression data analysis techniques using the E-views version 10 program. The results showed that FDI, PMDN, Exports and Inflation simultaneously affected the GRDP of North Sumatra Province. As well as FDI, PMDN, Exports partially have a positive and significant effect on the GRDP of North Sumatra Province. In contrast, inflation partially has a negative and insignificant effect on the GRDP of North Sumatra Province.