Proceedings of the 7th International Conference on Accounting, Management and Economics (ICAME-7 2022)

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The Effect of State Openness and Institutional Economy on Economic Growth in ASEAN Countries: An Application of Autoregressive Distributed Lag Model

Authors
Saiful Rahmadi1, *, Rosnawintang1, Ernawati1, Aini Indridjawati1, Burhanuddin2
1Halu Oleo University, Kendari, Indonesia
2Polytechnic Bina Husada, Kendari, Indonesia
*Corresponding author. Email: saiful.dreammaker@gmail.com
Corresponding Author
Saiful Rahmadi
Available Online 29 May 2023.
DOI
10.2991/978-94-6463-146-3_65How to use a DOI?
Keywords
Corruption; Foreign Direct Investment (FDI); Exports; Imports; Economic Growth; Openness of the State; Institutional Economics; ARDL
Abstract

This study aims to analyze the long-term and short-term effects of State and Economic Openness on the economic growth of ASEAN countries. The type of data used in this study is secondary data that can be accessed through the Theworldbank.com website, in the form of an annual time series for the period 1998 to 2020. The analytical tool used is the Panel Auto Regressive Distributed Lag (ARDL). The results showed; 1) Export variables in the long term have a significant effect, while in the short term they do not have a significant effect on the economic growth of ASEAN countries. 2) Import variables in the long term have a significant effect while in the short term have a significant positive effect on the economic growth of ASEAN countries. 3) The FDI variable in the long term has a significant effect while in the short term it also has a significant influence on the economic growth of ASEAN countries. 4) The corruption variable in the long term does not have a significant effect while in the short term it has a positive influence at a significant level of 10% on the economic growth of ASEAN countries.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 7th International Conference on Accounting, Management and Economics (ICAME-7 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
29 May 2023
ISBN
978-94-6463-146-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-146-3_65How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Saiful Rahmadi
AU  - Rosnawintang
AU  - Ernawati
AU  - Aini Indridjawati
AU  - Burhanuddin
PY  - 2023
DA  - 2023/05/29
TI  - The Effect of State Openness and Institutional Economy on Economic Growth in ASEAN Countries: An Application of Autoregressive Distributed Lag Model
BT  - Proceedings of the 7th International Conference on Accounting, Management and Economics (ICAME-7 2022)
PB  - Atlantis Press
SP  - 690
EP  - 702
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-146-3_65
DO  - 10.2991/978-94-6463-146-3_65
ID  - Rahmadi2023
ER  -