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Abstract

Purpose – This study aims to analyze the effect of economic openness, measured by the trade ratio of exports and imports, on economic growth in five ASEAN countries.
Methods – The study covers five major ASEAN countries—Indonesia, Malaysia, the Philippines, Thailand, and Vietnam—over the period 2013–2022. The empirical approach employs the First Difference Generalized Method of Moments (FD-GMM).
Findings – The results indicate that economic openness has a highly significant positive effect on economic growth in the five ASEAN countries. In addition, government expenditure contributes positively to economic growth, while inflation exerts a negative impact.
Implication – Governments should promote trade expansion through both export and import activities by reducing trade barriers and strengthening economic integration within ASEAN.
Originality – This study provides a dynamic analysis of trade openness, offering an alternative empirical perspective on the relationship between economic openness and economic growth.



Abstrak
Tujuan – Penelitian ini bertujuan menganalisis pengaruh keterbukaan ekonomi yang diukur dengan rasio perdagangan ekspor dan impor terhadap pertumbuhan ekonomi di 5 negara ASEAN.
Metode – Observasi penelitian terdiri dari 5 negara utama ASEAN yaitu Indonesia, Malaysia, Philipina, Thailand, dan Vietnam mulai periode tahun 2013 – 2022. Metode penelitian adalah First Difference Generalized Method of Moment (FD GMM)
Temuan – Hasil penelitian menunjukkan bahwa keterbukaan ekonomi memiliki pengaruh positif yang sangat signifikan terhadap pertumbuhan ekonomi di 5 negara ASEAN. Selain itu, pengeluaran pemerintah juga dapat mendorong pertumbuhan ekonomi. Sedangkan inflasi akan menurunkan pertumbuhan ekonomi.
Implikasi – Pemerintah perlu mendorong pertumbuhan perdagangan melalui promosi ekspor maupun impor dengan cara mengurangi hambatan perdagangan dan meningkatkan integrasi perekonomian dengan ASEAN.
Orisinalitas – Penelitian ini menganalisis pengaruh keterbukaan perdagangan secara dinamis yang memberikan alternatif analisis mengenai pengaruh keterbukaan perdagangan terhadap pertumbuhan ekonomi.

Keywords

Keterbukaan Ekonomi Pertumbuhan Ekonomi ASEAN GMM

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Copyright (c) 2026 Rafli Nurcholiddin Ananta, Rokhedi Priyo Santoso

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How to Cite
Ananta, R. N., & Santoso, R. P. (2026). Efek keterbukaan ekonomi terhadap pertumbuhan ekonomi di 5 negara ASEAN. Jurnal Kebijakan Ekonomi Dan Keuangan, 4(2), 255–268. https://doi.org/10.20885/JKEK.vol4.iss2.art13
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