Jurnal Inovasi Bisnis (Inovbiz)
Vol 12, No 1 (2024)

The Effect of Trade Openness, Foreign Direct Invest-ment (FDI) and Inflation on Gross Regional Domestic Product (GRDP) in Riau Province 2003 - 2022

Ramadani, Fitri (Unknown)
Syapsan, Syapsan (Unknown)
Darmayuda, Darmayuda (Unknown)

Article Info

Publish Date
15 Sep 2024

Abstract

This research aims to investigate the effect of Trade Openness, Foreign Direct Investment (FDI), and Inflation on the Gross Regional Domestic Product (GRDP) in Riau Province 2003-2022. The analytical method employed is multiple linear regression analysis, specifically the Ordinary Least Squares (OLS) method, using E-Views 12 software. The simultaneous analysis results show that the variables Trade Openness, Foreign Direct Investment (FDI) and Inflation collectively have a significant impact on the GDP in Riau Province 2003-2022. Meanwhile, the partial analysis indicates that the variables Trade Openness, Foreign Direct Investment (FDI) have a positive effect and inflation has a negative effect on the GRDP in Riau Province.

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Journal Info
Jurnal Inovasi Bisnis (Inovbiz)
Website

Abbrev

IBP

Publisher

Politeknik Negeri Bengkalis

Subject

Economics, Econometrics & Finance

Description

Jurnal Inovasi Bisnis (Inovbiz) focuses on how we gain knowledge through innovation and how knowledge encourages the innovation both in economics and business. It is provided for writer, researcher, professor, and practitioner who want to publish their research reports or articles, theoritical or ...