Effect Of Budget Deficit, Government expenditure and Foreign Direct Investment on Evonomics Growth ASEAN

Gayatri, Firna Dwi

KEUDA : JURNAL KAJIAN EKONOMI DAN KEUANGAN DAERAH
Vol 9 No 3 (2024)

This study aims to analyze the effect of budget deficit, government spending and foreign direct investment on ASEAN economic growth in 2012-2021. The data used in this research is secondary data in the form of panel data from 2012-2021, sourced from the World Bank and Countryeconomy. In this study using a quantitative approach to panel data regression analysis. The results of this study indicate that the budget deficit variable has a positive but not significant effect on economic growth, the government expenditure variable has a significant positive effect on economic growth and foreign direct investment has a significant positive effect on economic growth in ASEAN countries in 2012-2021.Keywords: Budget Deficit, Government Expenditure, Foreign Direct Investment