The Asia Pacific Journal Of Management Studies
Vol 10 No 3 (2023)

ANALISIS PRODUK DOMESTIK BRUTO TERHADAP JUMLAH UANG BEREDAR DI ASEAN-5

Sri Intan Purnama (Universitas La Tansa Mashiro, Rangkasbitung)
Neng Dhea Lestari (Universitas Sultan Ageng Tirtayasa, Serang)



Article Info

Publish Date
15 Dec 2023

Abstract

This study aims to analyze the an influence of Gross Regional Domestic Product, Foreign Direct Investment (FDI), Inflation and Consumer Price Index (CPI) on the Money Supply in 5 Countries in ASEAN and within a period of 20 years from 2000 to 2019. Methods The analysis in this study uses the panel data method with the analysis model obtained is the ARDL (Autoregressive Distributed Lag) / PMG (Pooled Mean Group) Panel. The results showed that the variables of Gross Domestic Product, FDI, Inflation and CPI had a positive and significant an influence the Money Supply partially in the long run. Meanwhile, in the short term, the Gross Domestic Product variable has a positive and significant an influence on the Money Supply, FDI and CPI have a negative and significant effect on the Money Supply, and Inflation has a positive but not significant an influence on the Money Supply.

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Journal Info

Abbrev

APJMS

Publisher

Subject

Economics, Econometrics & Finance

Description

"The Asia Pacific of Management Studies or APJMS" is intended to serve the reader with relevant field of study, with the dissemination of research results, and covers all disciplines related to the study of every aspect of accounting and business (economics). The Asia Pacific of Management Studies ...