Journal article

Influence of FDI Domestic Investment, and Government Debt To Economic Growth in Three Countries Of ASEAN

Nyoman Djinar Setiawina

Volume : 0 Nomor : 0 Published : 2020, April

American Journal of Humanities and Social Sciences Research (AJHSSR)

Abstrak

Economic growth is one important indicator that can be used to analyze economic developments that occur in a country. The success rate of a country can be seen through economic growth. Developing countries generally need a large enough budget to be able to encourage and accelerate economic growth. This has led to the importance of both foreign and domestic investment and government debt in order to increase government capital to boost the country's economic growth. The purpose of this study was to determine the effect of FDI, domestic investment, and government debt simultaneously and partially on economic growth in Indonesia, Malaysia, and Thailand. This study uses 57 secondary data for 19 years (2000-2018) with analytical techniques using multiple linear regression equipped with panel data analysis methods and classical assumption tests.Test analysis results in this study indicate that FDI, domestic investment, and government debt simultaneously have a significant effect on economic growth in the three ASEAN countries. FDI, domestic investment, and government debt partially have a positive and significant effect on economic growth in the three ASEAN countries Keywords - FDI, domestic investment, government debt and economic growth