Main Article Content
Abstract
Purpose – This research aims to analyze the influence of inflation, Foreign Direct Investment (FDI), exchange rates, political stability, rule of law, and control of corruption on national income in nine ASEAN countries
Methods – The research method used is panel data analysis in nine ASEAN countries from 2013 to 2019
Findings – The research results show that inflation has a negative effect on national income, while Foreign Direct Investment (FDI) and the exchange rate have a positive effect on national income in ASEAN countries. However, political stability and rule of law do not have a significant influence on national income. Meanwhile, control of corruption has a negative influence on national income.
Implications - The policy implications of this research are that the government needs to control macroeconomic variables and institutional quality variables such as inflation, FDI, exchange rates and control of corruption to increase National Income.
Originality – This research contributes to analyzing the determinants of National Income in ASEAN countries using panel data analysis.
Abstrak
Tujuan – Penelitian ini bertujuan untuk menganalisis pengaruh inflasi, Foreign Direct Investment (FDI), nilai tukar, political stability, rule of law, dan control of corruption terhadap pendapatan nasional di sembilan negara ASEAN.
Metode – Metode penelitian yang digunakan yaitu analisis data panel di sembilan negara ASEAN dari tahun 2013 hingga 2019.
Temuan – Hasil penelitian menunjukkan bahwa inflasi berpengaruh negatif terhadap pendapatan nasional, sedangkan Foreign Direct Investment (FDI) dan nilai tukar memiliki pengaruh positif terhadap pendapatan nasional di negara-negara ASEAN. Variabel political stability dan rule of law tidak memiliki pengaruh signifikan terhadap pendapatan nasional. Sedangkan control of corruption memiliki pengaruh yang negatif terhadap pendapatan nasional.
Implikasi – Implikasi kebijakan dari penelitian ini pemerintah perlu mengendalikan variable makroekonomi dan variable kualitas institusi seperti Inflasi, FDI, nilai tukar dan control of corruption untuk meningkatkan Pendapatan Nasional.
Orisinalitas – Penelitian ini berkontribusi dalam menganalisis determinan Pendapatan Nasional di negara ASEAN dengan menggunakan analisis data panel.
Keywords
Article Details
Copyright (c) 2023 Widya Nurmilenia Putri, Rindang Nuri Isnaini Nugrohowati
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References
- Andinata, C. P., Adenan, M., & Jumiati, A. (2018). Analisis Pendapatan Nasional di Negara-negara Anggota ASEAN (National Income Analysis on ASEAN Member Countries). Journal Ekuilibrium, 1(3), 21–30.
- Bayar, Y. (2016). Public Governance and Economic Growth In The Transitional Economies Of The European Union. Transylvanian Review of Administrative Sciences, 48, 5–18.
- Cahyani, V., & Harahap, E. F. (2019). Pengaruh utang luar negeri, penanaman modal asing, kurs dan pajak terhadap produk domestik bruto indonesia. E-Jurnal Universitas Bung Hatta. 1–3.
- Daniele, V., & Marani, U. (2006). Do institutions matter for FDI? A comparative analysis for the MENA countries. Munich Personal RePEc Archive, 2426.
- Himannudin, F., Marselina, M., Ratih, A., & Murwiati, A. (2022). Determinan Produk Domestik Bruto Di Asia Tenggara. Klassen, 2(2), 126–140.
- Huang, C. J., & Ho, Y. H. (2017). Governance and economic growth in Asia. North American Journal of Economics and Finance, 39(100), 260–272. https://doi.org/10.1016/j.najef.2016.10.010
- Kaufmann, D., Kraay, A., Mastruzzi, M., Dunn, G., Karatnycky, A., Fullenbaum, R., Williamson, A., Bellver, A., Weber, S., Cingranelli, D., Richards, D., Writer, R., Wolkers, M., McLiesh, C., Gibney, M., MacCormac, C., Seligson, M., Kite, E., Hart, E., … Cieslikowsky, D. (2005). Governance Matters IV: Governance Indicators for 1996-2004 We would like to thank S. Radelet for excellent feedback, and M.
- Larasati, I. S., & Sulasmiyati, S. (2018). Pengaruh Inflasi, Ekspor dan Tenaga Kerja Terhadap Produk Domestik Bruto (Studi Pada Indonesia, Malaysia, Singapura, dan Thailand). Jurnal Administrasi Bisnis (JAB), 63(1), 8–16.
- Murni, A. (2006). Ekonomika Makro (M. Ali (ed.); 2nd ed.). Refika Aditama.
- Ozpolat, A., Guven, G. G., Ozsoy, F. N., & Bahar, A. (2016). Does Rule of Law Affect Economic Growth Positively? Research in World Economy, 7(1), 107–117. https://doi.org/10.5430/rwe.v7n1p107
- Ramadhan, M. (2019). Assessing of the impact of good governance and institutions on economic growth in Indonesia. International Journal of Scientific and Technology Research, 8(11), 2594–2598.
- Sianipar, Y. L. (2019). Pengaruh Inflasi, Investasi, Nilai Tukar, dan Tenaga Kerja Terhadap Pertumbuhan Ekonomi di Indonesia. Jurnal Ilmiah Mahasiswa FEB: Fakultas Ekonomi Dan Bisnis,Universitas Brawijaya, 17(6), 1–14.
- Silitonga, D. (2021). Pengaruh Inflasi Terhadap Produk Domestik Bruto (PDB) Indonesia Pada Periode Tahun 2010-2020. ESENSI: Jurnal Manajemen Bisnis, 24(1), 2021.
- Sucipto, H., & Puspitasari, M. (2016). Pengaruh Penanaman Modal Asing, Utang Luar Negeri Pemerintah, Dan Keterbukaan Perdagangan Terhadap Produk Domestik Bruto. Jurnal Ekonomi-Qu, 6(1), 36–53. https://doi.org/10.35448/jequ.v6i1.4161
- Triyawan, A., & Afifah, A. N. (2023). Pengaruh Inflasi, Nilai Tukar, Ekspor, dan Impor Terhadap GDP di Negara Belgia. Jurnal Ilmiah Universitas Batanghari Jambi, 1, 19–23. https://doi.org/10.33087/jiubj.v23i1.2514
- 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. https://doi.org/10.33059/jseb.v13i2.5205
- Zakiah, Z., & Usman, U. (2019). Hubungan Jumlah Uang Beredar, Inflasi Dan Nilai Tukar Rupiah Terhadap Pendapatan Nasional Di Indonesia Menggunakan Model Dinamis. Jurnal Ekonomi Regional Unimal, 2(2), 98. https://doi.org/10.29103/jeru.v2i2.1698
- Zubair, S. S., & Khan, M. A. (2014). Good Governance: Pakistan’ s Economic Growth and Worldwide Governance Indicators. Pakistan Journal of Commerce and Social Sciences, 8(1), 274–287.
References
Andinata, C. P., Adenan, M., & Jumiati, A. (2018). Analisis Pendapatan Nasional di Negara-negara Anggota ASEAN (National Income Analysis on ASEAN Member Countries). Journal Ekuilibrium, 1(3), 21–30.
Bayar, Y. (2016). Public Governance and Economic Growth In The Transitional Economies Of The European Union. Transylvanian Review of Administrative Sciences, 48, 5–18.
Cahyani, V., & Harahap, E. F. (2019). Pengaruh utang luar negeri, penanaman modal asing, kurs dan pajak terhadap produk domestik bruto indonesia. E-Jurnal Universitas Bung Hatta. 1–3.
Daniele, V., & Marani, U. (2006). Do institutions matter for FDI? A comparative analysis for the MENA countries. Munich Personal RePEc Archive, 2426.
Himannudin, F., Marselina, M., Ratih, A., & Murwiati, A. (2022). Determinan Produk Domestik Bruto Di Asia Tenggara. Klassen, 2(2), 126–140.
Huang, C. J., & Ho, Y. H. (2017). Governance and economic growth in Asia. North American Journal of Economics and Finance, 39(100), 260–272. https://doi.org/10.1016/j.najef.2016.10.010
Kaufmann, D., Kraay, A., Mastruzzi, M., Dunn, G., Karatnycky, A., Fullenbaum, R., Williamson, A., Bellver, A., Weber, S., Cingranelli, D., Richards, D., Writer, R., Wolkers, M., McLiesh, C., Gibney, M., MacCormac, C., Seligson, M., Kite, E., Hart, E., … Cieslikowsky, D. (2005). Governance Matters IV: Governance Indicators for 1996-2004 We would like to thank S. Radelet for excellent feedback, and M.
Larasati, I. S., & Sulasmiyati, S. (2018). Pengaruh Inflasi, Ekspor dan Tenaga Kerja Terhadap Produk Domestik Bruto (Studi Pada Indonesia, Malaysia, Singapura, dan Thailand). Jurnal Administrasi Bisnis (JAB), 63(1), 8–16.
Murni, A. (2006). Ekonomika Makro (M. Ali (ed.); 2nd ed.). Refika Aditama.
Ozpolat, A., Guven, G. G., Ozsoy, F. N., & Bahar, A. (2016). Does Rule of Law Affect Economic Growth Positively? Research in World Economy, 7(1), 107–117. https://doi.org/10.5430/rwe.v7n1p107
Ramadhan, M. (2019). Assessing of the impact of good governance and institutions on economic growth in Indonesia. International Journal of Scientific and Technology Research, 8(11), 2594–2598.
Sianipar, Y. L. (2019). Pengaruh Inflasi, Investasi, Nilai Tukar, dan Tenaga Kerja Terhadap Pertumbuhan Ekonomi di Indonesia. Jurnal Ilmiah Mahasiswa FEB: Fakultas Ekonomi Dan Bisnis,Universitas Brawijaya, 17(6), 1–14.
Silitonga, D. (2021). Pengaruh Inflasi Terhadap Produk Domestik Bruto (PDB) Indonesia Pada Periode Tahun 2010-2020. ESENSI: Jurnal Manajemen Bisnis, 24(1), 2021.
Sucipto, H., & Puspitasari, M. (2016). Pengaruh Penanaman Modal Asing, Utang Luar Negeri Pemerintah, Dan Keterbukaan Perdagangan Terhadap Produk Domestik Bruto. Jurnal Ekonomi-Qu, 6(1), 36–53. https://doi.org/10.35448/jequ.v6i1.4161
Triyawan, A., & Afifah, A. N. (2023). Pengaruh Inflasi, Nilai Tukar, Ekspor, dan Impor Terhadap GDP di Negara Belgia. Jurnal Ilmiah Universitas Batanghari Jambi, 1, 19–23. https://doi.org/10.33087/jiubj.v23i1.2514
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. https://doi.org/10.33059/jseb.v13i2.5205
Zakiah, Z., & Usman, U. (2019). Hubungan Jumlah Uang Beredar, Inflasi Dan Nilai Tukar Rupiah Terhadap Pendapatan Nasional Di Indonesia Menggunakan Model Dinamis. Jurnal Ekonomi Regional Unimal, 2(2), 98. https://doi.org/10.29103/jeru.v2i2.1698
Zubair, S. S., & Khan, M. A. (2014). Good Governance: Pakistan’ s Economic Growth and Worldwide Governance Indicators. Pakistan Journal of Commerce and Social Sciences, 8(1), 274–287.