The Effect of Corruption Perception Index, Debt, Foreign Direct Investment, Balance of Trade, and Labor on Economic Growth

International Journal of Economics and Management Studies

© 2021 by SSRG - IJEMS Journal

Volume 8 Issue 6

Year of Publication : 2021

Authors : Noni Darmawati, I Wayan Suparta, Saimul

10.14445/23939125/IJEMS-V8I6P104

How to Cite?

Noni Darmawati, I Wayan Suparta, Saimul, "The Effect of Corruption Perception Index, Debt, Foreign Direct Investment, Balance of Trade, and Labor on Economic Growth," SSRG International Journal of Economics and Management Studies, vol. 8,  no. 6, pp. 26-32, 2021. Crossref, https://doi.org/10.14445/23939125/IJEMS-V8I6P104

Abstract:

Penalitian ini bertujuan untuk menganalisis pengaruh indeks persepsi korupsi, utang luar negeri, neraca perdagangan, foreign direct investment, tenag kerja, dan initial growth terhadap pertumbuhan ekonomi di ASEAN pada tahun 2010-2019. Metode yang digunakan ada fixed effect model. Data terdiri dari data 10 negara ASEAN. Hasil penelitian menujukkan bahwa indeks persepsi korupsi, utang luar negeri, neraca perdagangan, foreign direct investment, tenag kerja berpengaruh signifikan terhadap pertumbuhan ekonomi, sedangkan initial growth menunjukan tanda positif yang artinya terjadi konvergensi pertumbuhan ekonomi. Hal ini menunjukan bahwa beberapa negara yang berkembang telah dapat mengejar ketertinggalan terhadap negara yang sudah maju, dilihat dari sisi perekonomian dan pembangunannya.

Keywords:

ASEAN, Indeks Persepsi Korupsi Neraca Perdagangan, Pertumbuhan Ekonomi, , Utang Luar Negeri.

References:

[1] Alzaidy, G., Mohd, N.B.N.A., & Zakaria, L. (2017). The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development. International Journal of Economics and Financial Issues, 7(3) 382-388.
[2] Blackburn, K., Niloy, B., & M. Emranul, H. (2006). Public Expenditures, Bureaucratic Corruption and Economic Development. Economic Discussion Paper, EDP-0530. The University Of Manchester.
[3] Barro, R. J. 1989. The Ricardian Approach to Budget Deficits. Journal of Economic Perpective, 3 (2) 37-54
[4] Boris, P., Jia, S., Djuro, N., & Plamen, C.I. (2008). Influence of Corruption on Economic Growth Rate and Foreign Direct Investment. The European Physical Journal, 63(4) 547-550. https://doi.org/ 10.1140/epjb/e2008-00210-2
[5] Huang, Chiung-Ju. 2015. Is Corruption Bad for Economic Growth? Evidence from Asia-Pacific countries. North American Journal of Economics and Finance.
[6] Hyman, David N. 2005. Public Finance: A Contemporary Application of Theory to Policy. International Student Edition. South-Western. Ohio.
[7] Khair, M., & Rusydi, B. U. 2016. Analisis Pengaruh Utang Luar Negeri (Foreign Debt) Dan Penanaman Modal Asing (PMA) Terhadap Nilai Produk Domestik Bruto (PDB) Indonesia. Ecces, Economics, Social, and Development Studies, 3(1)\
[8] Levine, Ross & David Renelt. 1992. A Sensitivity Analysis of Cross-Country Growth Regressions. The American Economic Review, Vol.82 No. 4. Pp 942-963.
[9] Machmud, A. (2016). Perekonomian Indonesia Pasca Reformasi. Erlangga. Jakarta
[10] Malik, A., & Kurnia, D. 2017. Pengaruh Utang Luar Negeri dan Penanaman Modal Asing Terhadap Pertumbuhan Ekonomi. Jurnal Akuntansi. Vol. 3 No. 2.
[11] Mauro, Paolo. 1995. Corruption and Growth. The Quarterly Journal of Economics, 110 (3) 681-712.
[12] Rachmadi, A. L. 2013. Analisis Pengaruh Utang Luar Negeri Terhadap Pertumbuhan Ekonomi Indonesia (Studi Kasus Tahun 2001-2011). Jurnal Ilmiah Ekonomi.
[13] Sasana H. (2004). Kegagalan Pemerintah Dalam Pembangunan. Jurnal Dinamika Pembangunan, 1(1) 31 – 38.
[14] Tanzi, Vito dan Hamid Davoodi. 1997. Corruption, Public Investment, and Growth. Journal Economist, Fiscal Affairs Department, International Montary Fund.
[15] Toke A, Jayasri D, dan Vania S. 2008. Governance Regimes, Corruption and Growth: Theory and Evidence. Journal of Comparative Economics 36 195–220.
[16] Todaro, M.P., & Smith, S.C. (2004). Pembangunan Ekonomi (7th ed). Andri Yelvi [Penerjemah]. Jakarta : Erlangga.
[17] Waluyo, J. 2006. Pengaruh Pembiayaan Defisit Anggaran terhadap
Inflasi dan Pertumbuhan Ekonomi: Suatu Simulasi Model Ekonomi Makro Indonesia 1970–2003. Kinerja, 10(1) (2006) 1-22.
[18] Wibowo, Puji, 2008, Mencermati Dampak Desentralisasi Fiskal terhadap Pertumbuhan Ekonomi Daerah, Jurnal Keuangan Publik, 5(1) 55 – 83.
[19] Widarjono, A. 2007. Ekonometrika: teori dan aplikasi untuk ekonomi dan bisnis. Yogyakarta: Ekonisia.