Relationship between Export, Import, Foreign Direct Investment and Economic Growth in Indonesia

DOI

10.2991/piceeba-19.2019.12How to use a DOI?

Keywords

Economic Growth; Export-Import; Foreign Direct Investment, Vector Error Correction Model.

Abstract

This study aims to analysis the relationship between export, import, foreign direct investment and economic growth using time series data during 1980 to 2017 in Indonesia. This paper applied vector error correction model (VECM) to estimate the relationship between variables. The empirical results showed that foreign direct investment have significant effect to economic growth in Indonesian economy. Meanwhile, in the short run there were not significantly affect between export and import to economic growth in Indonesian economy. In model specification, the model was invalid because insignificantly coeficient of error correction term.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Imam Mukhlis
AU  - Lutfi Hasan Qodri
PY  - 2019/09
DA  - 2019/09
TI  - Relationship between Export, Import, Foreign Direct Investment and Economic Growth in Indonesia
BT  - Proceedings of the Third Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2019)
PB  - Atlantis Press
SP  - 729
EP  - 737
SN  - 2352-5428
UR  - https://doi.org/10.2991/piceeba-19.2019.12
DO  - 10.2991/piceeba-19.2019.12
ID  - Mukhlis2019/09
ER  -