Main Article Content
Abstract
Purpose – This study aims to analyze the influence of inflation, foreign direct investment, labor force, and internet users on gross domestic product (GDP) growth.
Methods – The method used in this study is panel data regression analysis with panel data for 2012-2021.
Findings – The results show that inflation and internet users do not influence GDP growth in five ASEAN countries, while FDI and labor force have a positive influence.
Implication – ASEAN governments can focus on FDI and the labor force to increase GDP and encourage Internet use for productive activities.
Originality – This study contributes to developing more effective economic policies to increase GDP growth in the ASEAN region.
Abstrak
Tujuan – Penelitian ini bertujuan untuk menganalisis pengaruh inflasi, investasi asing langsung, angkatan kerja, dan pengguna internet terhadap pertumbuhan produk domestik bruto (PDB).
Metode – Metode yang digunakan dalam penelitian ini adalah analisis regresi data panel dengan data panel tahun 2012-2021.
Temuan – Hasil penelitian menunjukkan bahwa inflasi dan pengguna internet tidak memiliki pengaruh terhadap pertumbuhan PDB lima negara ASEAN, sedangkan investasi asing langsung dan angkatan kerja memiliki pengaruh positif.
Implikasi – Pemerintah ASEAN dapat fokus pada investasi asing langsung dan angkatan kerja untuk meningkatkan PDB serta mendorong penggunaan internet untuk kegiatan produktif.
Orisinalitas – Penelitian ini berkontribusi pada pengembangan kebijakan ekonomi yang lebih efektif untuk meningkatkan pertumbuhan PDB di kawasan ASEAN.
Keywords
Article Details
Copyright (c) 2023 Sahabudin sidiq, Miftakhur Rizqi
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
References
- Aprilia, N. D., Waluyo, S. D., & Saragih, H. J. R. (2021). Perkembangan Ekonomi Digital Indonesia. Jurnal Ekonomi Pertahanan, 7(2).
- ASEAN Secretariat. (2021). ASEAN Key Figures 2021. ASEAN Stats.
- Ayanwale, A. B. (2007). FDI and Economic Growth: Evidence from Nigeria. AERC Research Paper.
- Basuki, A. T., & Yuliadi, I. (2015). Electronic Data Processing (SPSS 15 dan Eviews 17). Danisa Media.
- Cahya, D. D., Mamahit, D. A., Yusnaldi, Widodo, Saragih P., H. J. R., & Suwarno, P. (2023). Indonesia’s role in realizing the vision of the ASEAN economic community (AEC) and the ASEAN socio-cultural community (ASCC). International Journal Of Humanities Education and Social Sciences (IJHESS), 2(6).
- Chaudhry, I., Malik, A., & Faridi, M. Z. (2010, September 1). Exploring the causality relationship between trade liberalization, human capital and economic growth: Empirical Evidence from Pakistan.
- Chu, S.-Y. (2013). Internet, Economic Growth and Recession. Modern Economy, (4), 209-213.
- Dinh, T. T.-H., Vo, D. H., The Vo, A., & Nguyen, T. C. (2019). Foreign direct investment and economic growth in the short run and long run: Empirical evidence from developing countries. Journal of Risk and Financial Management, 12(4), 176.
- Dwiningsih, N. (2020). Analisa Penggunaan Metode Penelitian Regresi Data Panel Pada Studi Kasus Skripsi Mahasiswa Bimbingan Prodi Manajemen Universitas Tinggi. Universitas Trilogi.
- Firdaus, M. I., Marseto, M., & Sishadiyati, S. (2021). Analisis Dampak Integrasi Ekonomi terhadap FDI di Asean. Jurnal Indonesia Sosial Sains, 2(9), 1497–1510.
- Girdzijauskas, S., Streimikiene, D., Griesiene, I., Mikalauskiene, A., & Kyriakopoulos, G. L. (2022). New approach to inflation phenomena to ensure sustainable economic growth. Sustainability, 14(1), 518.
- Karimi, M. S., & Yusop, Z. (2009). FDI and Economic Growth in Malaysia. MPRA Paper.
- Li, K., Kim, D. J., Lang, K. R., Kauffman, R. J., & Naldi, M. (2020). How should we understand the digital economy in Asia? Critical assessment and research agenda. Electronic Commerce Research and Applications, 44, 101004.
- Malida, M., & Marselina. (2023). The influence of population, exports, and regulatory quality on economic growth in ASEAN developing countries. International Journal of Social Science, Education, Communication and Economics (SINOMICS JOURNAL), 2(2), 313–328.
- Mankiw, N. G. (2018). Pengantar Ekonomi Makro. Cengage Learning.
- Mankiw, N. G., Romer, D., & Weil, D. N. (1992). A Contribution to the Empirics of Economic Growth. The Quarterly Journal of Economics, 107(2), 407–437.
- Maurseth, P. B. (2018). The effect of the Internet on economic growth: Counter-evidence from cross-country panel data. Economic Letters.
- Meah, M. (2012). The Impact of Internet on Economic Growth in Bangladesh. Cuny Academic Works.
- Mubarik, Y. A. (2005). Inflation and Growth: An Estimate of the Threshold Level of Inflation in Pakistan. SBP-Research Bulletin, 1(1).
- Nani. (2022). Step by Step Analisis Regresi Data Panel Menggunakan Eviews. Visi Intelegensia.
- Nguyen, H. T., & Darsono, S. N. A. C. (2022). The impacts of tax revenue and investment on the economic growth in Southeast Asian countries. Journal of Accounting and Investment, 23(1), 128–146.
- Purba, B. (2020). Analisis Tentang Pertumbuhan Ekonomi Indonesia Periode Tahun 2009-2018. Jurnal Humaniora, 4(2).
- Ronaldo, R. (2019). Pengaruh Inflasi dan Tingkat Pengangguran terhadap Pertumbuhan Ekonomi Makro di Indonesia. Jurnal Ekonomi, 21(2).
- Saidi, L. O., Millia, H., Adam, P., Pasrun, Y. P., & Sani, L. O. A. (2020). Effect of Internet, Money Supply and Volatility on Economic Growth in Indonesia. International Journal of Advance Science and Technology, 29(3).
- Sekwati, D., & Dagume, M. A. (2023). Effect of unemployment and inflation on economic growth in South Africa. International Journal of Economics and Financial Issues, 13(1), 35–45.
- Setyawan, A., Suparta, I. W., & Aida, N. (2021). Globalisasi Ekonomi dan Pengangguran: Studi Kasus Indonesia. Jurnal Ekonomi Bisnis dan Kewirausahaan (JEBIK), 10(3), 263.
- Shah, S. Z. A., Shabbir, M. R., & Parveen, S. (2022). The impact of unemployment on economic growth in Pakistan: An empirical investigation. iRASD Journal of Economics, 4(1), 78–87.
- Solow, Robert M. (1956). A contribution to the theory of economic growth. Quarterly Journal of Economics. 70 (1): 65–94. doi:10.2307/1884513
- Tien, N. H. (2021). Relationship Between Inflation and Economic Growth in Vietnam. Turkish Journal of Computer and Mathematics Education, 12(14), 5134-5139.
- Verter, N., & Osakwe, C. N. (2015). Economic globalization and economic performance dynamics: Some new empirical evidence from Nigeria. Mediterranean Journal of Social Sciences.
- Wahab, N. A., Nayan, S., & Cheah, Y. K. (2020). Internet User and Economic Selected Southeast Asia Nations: A Panel Data Analysis. Journal of Emerging Economies and Islamic Research, 8(3), 17-25.
- Wau, T., Sarah, U. M., Pritanti, D., Ramadhani, Y., & Ikhsan, M. S. (2022). Determinan pertumbuhan ekonomi negara ASEAN: Model data panel. Jurnal Samudra Ekonomi Dan Bisnis, 13(2), 163–176.
- Wijaya, A., Kasuma, J., Tasenţe, T., & Darma, D. C. (2021). Labor force and economic growth based on demographic pressures, happiness, and human development. Journal of Eastern European and Central Asian Research (JEECAR), 8(1), 40–50.
- Wulandari, A., Soleha, D. M., & Wulandari, R. (2023). Analisis Dampak Globalisasi terhadap Perdagangan Internasional. J-MAS (Jurnal Manajemen Dan Sains), 8(1), 1160.
References
Aprilia, N. D., Waluyo, S. D., & Saragih, H. J. R. (2021). Perkembangan Ekonomi Digital Indonesia. Jurnal Ekonomi Pertahanan, 7(2).
ASEAN Secretariat. (2021). ASEAN Key Figures 2021. ASEAN Stats.
Ayanwale, A. B. (2007). FDI and Economic Growth: Evidence from Nigeria. AERC Research Paper.
Basuki, A. T., & Yuliadi, I. (2015). Electronic Data Processing (SPSS 15 dan Eviews 17). Danisa Media.
Cahya, D. D., Mamahit, D. A., Yusnaldi, Widodo, Saragih P., H. J. R., & Suwarno, P. (2023). Indonesia’s role in realizing the vision of the ASEAN economic community (AEC) and the ASEAN socio-cultural community (ASCC). International Journal Of Humanities Education and Social Sciences (IJHESS), 2(6).
Chaudhry, I., Malik, A., & Faridi, M. Z. (2010, September 1). Exploring the causality relationship between trade liberalization, human capital and economic growth: Empirical Evidence from Pakistan.
Chu, S.-Y. (2013). Internet, Economic Growth and Recession. Modern Economy, (4), 209-213.
Dinh, T. T.-H., Vo, D. H., The Vo, A., & Nguyen, T. C. (2019). Foreign direct investment and economic growth in the short run and long run: Empirical evidence from developing countries. Journal of Risk and Financial Management, 12(4), 176.
Dwiningsih, N. (2020). Analisa Penggunaan Metode Penelitian Regresi Data Panel Pada Studi Kasus Skripsi Mahasiswa Bimbingan Prodi Manajemen Universitas Tinggi. Universitas Trilogi.
Firdaus, M. I., Marseto, M., & Sishadiyati, S. (2021). Analisis Dampak Integrasi Ekonomi terhadap FDI di Asean. Jurnal Indonesia Sosial Sains, 2(9), 1497–1510.
Girdzijauskas, S., Streimikiene, D., Griesiene, I., Mikalauskiene, A., & Kyriakopoulos, G. L. (2022). New approach to inflation phenomena to ensure sustainable economic growth. Sustainability, 14(1), 518.
Karimi, M. S., & Yusop, Z. (2009). FDI and Economic Growth in Malaysia. MPRA Paper.
Li, K., Kim, D. J., Lang, K. R., Kauffman, R. J., & Naldi, M. (2020). How should we understand the digital economy in Asia? Critical assessment and research agenda. Electronic Commerce Research and Applications, 44, 101004.
Malida, M., & Marselina. (2023). The influence of population, exports, and regulatory quality on economic growth in ASEAN developing countries. International Journal of Social Science, Education, Communication and Economics (SINOMICS JOURNAL), 2(2), 313–328.
Mankiw, N. G. (2018). Pengantar Ekonomi Makro. Cengage Learning.
Mankiw, N. G., Romer, D., & Weil, D. N. (1992). A Contribution to the Empirics of Economic Growth. The Quarterly Journal of Economics, 107(2), 407–437.
Maurseth, P. B. (2018). The effect of the Internet on economic growth: Counter-evidence from cross-country panel data. Economic Letters.
Meah, M. (2012). The Impact of Internet on Economic Growth in Bangladesh. Cuny Academic Works.
Mubarik, Y. A. (2005). Inflation and Growth: An Estimate of the Threshold Level of Inflation in Pakistan. SBP-Research Bulletin, 1(1).
Nani. (2022). Step by Step Analisis Regresi Data Panel Menggunakan Eviews. Visi Intelegensia.
Nguyen, H. T., & Darsono, S. N. A. C. (2022). The impacts of tax revenue and investment on the economic growth in Southeast Asian countries. Journal of Accounting and Investment, 23(1), 128–146.
Purba, B. (2020). Analisis Tentang Pertumbuhan Ekonomi Indonesia Periode Tahun 2009-2018. Jurnal Humaniora, 4(2).
Ronaldo, R. (2019). Pengaruh Inflasi dan Tingkat Pengangguran terhadap Pertumbuhan Ekonomi Makro di Indonesia. Jurnal Ekonomi, 21(2).
Saidi, L. O., Millia, H., Adam, P., Pasrun, Y. P., & Sani, L. O. A. (2020). Effect of Internet, Money Supply and Volatility on Economic Growth in Indonesia. International Journal of Advance Science and Technology, 29(3).
Sekwati, D., & Dagume, M. A. (2023). Effect of unemployment and inflation on economic growth in South Africa. International Journal of Economics and Financial Issues, 13(1), 35–45.
Setyawan, A., Suparta, I. W., & Aida, N. (2021). Globalisasi Ekonomi dan Pengangguran: Studi Kasus Indonesia. Jurnal Ekonomi Bisnis dan Kewirausahaan (JEBIK), 10(3), 263.
Shah, S. Z. A., Shabbir, M. R., & Parveen, S. (2022). The impact of unemployment on economic growth in Pakistan: An empirical investigation. iRASD Journal of Economics, 4(1), 78–87.
Solow, Robert M. (1956). A contribution to the theory of economic growth. Quarterly Journal of Economics. 70 (1): 65–94. doi:10.2307/1884513
Tien, N. H. (2021). Relationship Between Inflation and Economic Growth in Vietnam. Turkish Journal of Computer and Mathematics Education, 12(14), 5134-5139.
Verter, N., & Osakwe, C. N. (2015). Economic globalization and economic performance dynamics: Some new empirical evidence from Nigeria. Mediterranean Journal of Social Sciences.
Wahab, N. A., Nayan, S., & Cheah, Y. K. (2020). Internet User and Economic Selected Southeast Asia Nations: A Panel Data Analysis. Journal of Emerging Economies and Islamic Research, 8(3), 17-25.
Wau, T., Sarah, U. M., Pritanti, D., Ramadhani, Y., & Ikhsan, M. S. (2022). Determinan pertumbuhan ekonomi negara ASEAN: Model data panel. Jurnal Samudra Ekonomi Dan Bisnis, 13(2), 163–176.
Wijaya, A., Kasuma, J., Tasenţe, T., & Darma, D. C. (2021). Labor force and economic growth based on demographic pressures, happiness, and human development. Journal of Eastern European and Central Asian Research (JEECAR), 8(1), 40–50.
Wulandari, A., Soleha, D. M., & Wulandari, R. (2023). Analisis Dampak Globalisasi terhadap Perdagangan Internasional. J-MAS (Jurnal Manajemen Dan Sains), 8(1), 1160.