Analysis of the Influence of Economic Openness to Indonesia Growth

Silaban, Zando and Maipita, Indra and , Fitrawaty (2019) Analysis of the Influence of Economic Openness to Indonesia Growth. In: Proceedings of The 4th Annual International Seminar on Transformative Education and Educational Leadership (AISTEEL), 23 – 24 September 2019, Garuda Plaza Hotel, Medan,.

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Abstract

This study aims to explain economic growth in Indonesia. The variables that affect the rate of economic growth are government spending, domestic inflation difference, a difference of BI Rate and The Fed Rate, money supply, exchange rate, unemployment. In this study, the data used are secondary data published by the Central Bureau of Statistic and bank Indonesia. The data are annual data from 1991 to 2018. The analytical tools used are Ordinary Least Square regression. The results showed that government spending, exchange rates, and unemployment had no significant effect on economic growth in Indonesia, but the difference in domestic inflation & foreign inflation, the difference in domestic interest rates & Fed rate, Money supply significant economic growth in Indonesia

Item Type: Conference or Workshop Item (Paper)
Keywords: Government Spending; Domestic Inflation Difference; Difference of BI Rate and The FED Rate; Money Supply; Exchange Rate; Economic Growth
Subjects: H Social Sciences > HB Economic Theory. Demography
H Social Sciences > HB Economic Theory. Demography > HB71 Economics as a science
H Social Sciences > HB Economic Theory. Demography > HB75 History of economics. History of economic theory
H Social Sciences > HC Economic History and Conditions
Divisions: Program Pasca Sarjana
Depositing User: Mrs Catur Dedek Khadijah
Date Deposited: 05 Mar 2020 04:44
URI: http://digilib.unimed.ac.id/id/eprint/38753

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