The Effect of Foreign Debt, Workforce, and Net Exports on Indonesia's Economic Growth in Period of 1986 Q1 - 2020 Q4

International Journal of Economics and Management Studies
© 2022 by SSRG - IJEMS Journal
Volume 9 Issue 2
Year of Publication : 2022
Authors : Nur Annisa, Nairobi, Arivina Ratih Yulihar Taher
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How to Cite?

Nur Annisa, Nairobi, Arivina Ratih Yulihar Taher, "The Effect of Foreign Debt, Workforce, and Net Exports on Indonesia's Economic Growth in Period of 1986 Q1 - 2020 Q4," SSRG International Journal of Economics and Management Studies, vol. 9,  no. 2, pp. 1-6, 2022. Crossref, https://doi.org/10.14445/23939125/IJEMS-V9I2P101

Abstract:

The purpose of this study is to analyze the effect of foreign debt, labor force, and net exports on economic growth in Indonesia. The data used is time-series data for the period 1986 first quarter to 2020 fourth quarter. The results of this study include; the foreign debt variable has a negative and significant effect on economic growth in Indonesia, while the labor force and net exports variables each have a positive and significant impact on economic growth in Indonesia. The results of the study show that Indonesia's choice to choose foreign debt as capital to cover the budget deficit is not the right thing.

Keywords:

Economic growth, External debt, Labor force, Net exports.

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