Perspektif : Jurnal Ekonomi dan Manajemen Universitas Bina Sarana Informatika
Vol 21, No 2 (2023): September 2023

Implementation of the Panel Model on Investment Determinants in Indonesia in 2018-2022

Sihombing, Pardomuan Robinson (Unknown)
Arsani, Ade Marsinta (Unknown)
Nurul Islam, Iis Hayyun (Unknown)
Octaviana, Aniek (Unknown)
Maisaroh, Maisaroh (Unknown)



Article Info

Publish Date
06 Sep 2023

Abstract

Investment plays an essential role in the economic growth of a country. A country's ability to attract investment in various sectors can positively impact infrastructure development, job creation, and improving people's welfare. This study aims to determine the effect of the Gross Regional Domestic Product (GRDP), Regional Income, and Human Development Index (HDI) on investment in Indonesia. The variables of Domestic Investment and Foreign Investment measure investment. Data is sourced from the BPS-Statistics Indonesia for the 2018-2022 period—the statistical method used with multiple linear regression with panel data. Based on panel model testing, the PCSE model is the best. Simultaneously, all variables affect investment in Indonesia. Partially, GRDP, Regional Income, and HDI have a significant positive effect on investment in Indonesia. Based on the results of this study, comprehensive policies related to macro-social economics are needed so that the level of investment continues to increas.

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Journal Info

Abbrev

perspektif

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Environmental Science Social Sciences

Description

Jurnal Perspektif pertama kali diterbitkan pada tahun 2013. Jurnal ini dimaksudkan sebagai media kajian ilmiah hasil penelitian, pemikiran dan kajian analisis kritis mengenai penelitian di Bidang Ilmu Sistem Informasi, Manajemen dan Ekonomi. Jurnal Perspektif menerbitkan 2 (dua) jurnal dalam setiap ...