JEBD
Vol. 4 No. 1 (2026): Juli - September

Pengaruh Faktor Institusi dan Makroekonomi Terhadap Investasi Asing Langsung Pada Negara Berkembang Asia Tahun 2010-2024

Betrand Nicholas Chandra (Universitas Lampung)
Nairobi (Universitas Lampung)
Rizka Malia (Universitas Lampung)



Article Info

Publish Date
01 Aug 2026

Abstract

This study aims to analyze the effect of institutional and macroeconomic factors, specifically Economic Freedom, Corruption Perceptions Index (CPI), political stability, economic growth, inflation, and lending interest rates, on Foreign Direct Investment (FDI) in ten developing Asian countries from 2010 to 2024. This research employs a quantitative approach using panel data regression with the Random Effect Model (REM) and robust standard errors to overcome autocorrelation. The results indicate that Economic Freedom, CPI, political stability, and economic growth have a positive and significant impact on FDI inflows. Conversely, inflation and lending interest rates do not significantly affect FDI. These findings suggest that institutional quality, such as market freedom, clean bureaucracy, and political security, alongside strong market capacity, are the primary determinants for multinational corporations when investing in developing Asia, rather than short-term monetary fluctuations.

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Journal Info

Abbrev

jebd

Publisher

Subject

Economics, Econometrics & Finance Engineering

Description

Jurnal Ekonomi dan Bisnis Digital (JEBD) E-ISSN : 3025-6429 is a peer-reviewed journal providing a space for both practitioners and academics for disseminating research results that work in Economic, finance, management, information technology and related fields. JEBD provides an outlet for the ...