PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON DATA SCIENCE AND OFFICIAL STATISTICS
Vol. 2021 No. 1 (2021): Proceedings of 2021 International Conference on Data Science and Official St

The Impact of Domestic Investment, Foreign Investments, HDI, Export, and Import on the Economic Growth in Indonesia

Lutfia Septiningrum (Telkom University)
Paramita Dewanti (Badan Pusat Statistik Kab. Malang)
Fauzah Hikmawati (Bank Indonesia)



Article Info

Publish Date
04 Jan 2022

Abstract

The aims of this study were to examine the causal relationship between domestic investment, foreign, Export, Import, HDI and their impact on Indonesia's economic growth measure with GDP. The data used was panel data from 18 provinces in 2016-2020 which was taken based on stratified random sampling. The model used to complete the purpose of this research was panel data regression. The results of the analysis show economic growth based on the value of GDP in each province tends to decline. Modelling of economic growth in Indonesia was used Panel Data Regression. In this research, Hausman Test is used to obtain the best model of panel data regression because the model contain of Random Effect Model. Based on Simultaneous test results obtained at least one significant variable to the model and based on partial test the GDP was significantly influenced by the variables of FDI, DDI, HDI and Import sectoral value. Variable Export has an effect on GDP but is not significant where R2 shows the results of 98.9%

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Journal Info

Abbrev

icdsos

Publisher

Subject

Computer Science & IT

Description

International Conference on Data Science and Official Statistics International Conference on Data Science and Official Statistics (ICDSOS) 2023 is organized by Politeknik Statistika STIS and Statistics Indonesia (BPS). This international conference in collaboration with Forum Pendidikan Tinggi ...