Penanaman Modal Asing dan Pertumbuhan Ekonomi di Asia Tenggara:Pengujian Hipotesis FDI-Growth Nexus

., Suyanto (2012) Penanaman Modal Asing dan Pertumbuhan Ekonomi di Asia Tenggara:Pengujian Hipotesis FDI-Growth Nexus. Jurnal Ekonomi dan Bisnis, 17 (2). pp. 139-154. ISSN 1410-9204

[img]
Preview
PDF
Penanaman-Modal-Asing-dan-Pertumbuhan-Ekonomi-di-Asia-Tenggara.pdf

Download (4Mb) | Preview

Abstract

The relationship between foreign direct investment (FDI) and economic growth is an ongoing debatable issue in the literature. Economic growth is argued to induce FDI inflows. Likewise, the FDI inflows are believed to stimulate economic growth. As a contribution to the literature, this study examines the causality relationship between these two important variables in the Southeast Asian countries. The Granger causality test is employed to test the FDI-Growth hypothesis. The results show that the causality direction between FDI and growth is varying among countries. For Indonesia, Malaysia, and Thailand, it is found that the causality goes from GDP to FDI, indicates growth induces FDI. In the case of Philipines, the causality direction is from FDI to GDP, supporting the hypothesis of FDI increases growth.

Item Type: Article
Uncontrolled Keywords: Penanaman Modal Asing, Pertumbuhan Ekonomi, FDI-Growth Nexus
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Business and Economic > Department of Economic
Depositing User: Suyanto 3198
Date Deposited: 11 Aug 2015 08:04
Last Modified: 03 Sep 2018 07:05
URI: http://repository.ubaya.ac.id/id/eprint/25181

Actions (login required)

View Item View Item