ANALYSIS OF FACTORS AFFECTING DOMESTIC INVESTMENT IN NORTH SUMATRA PROVINCE
Abstract
This study examined the effect of inflation, exchange rates, and interest rates on domestic investment in the province of North Sumatra for the 2010-2020 period. This study used the Multiple Linear Regression method. The results partially indicated that inflation negatively and insignificantly influenced domestic investment, the exchange rate positively but insignificantly influenced domestic investment, and the interest rate negatively and insignificantly influenced domestic investment in Indonesia. North Sumatra Province. Simultaneously, inflation, exchange rate, and interest rate positively and significantly influenced domestic investment in North Sumatra.
Keywords
Full Text:
PDFReferences
Amri, I. (2020). The Influence of Domestic Investment and Foreign Investment on Economic Growth With Human Capital as Moderating Variable. Thesis of the State Islamic University of Malang.
Faridah, H. (2020). Analysis of the factors that Trigger PMDN in 56 Indonesia in 2014 – 2018. Thesis of Universitas Muhammadiyah Yogyakarta.
Ginting, A. M. (2013.). Analysis of Factors Triggering Domestic Investment in Central Java 1985-2010. Journal of Commerce Research and Development Bulletin., 1–18.
Harsono, A. R. (2018). Effect of Inflation, Interest Rates and Rupiah Exchange Rate on the Composite Stock Price Index. Journal of Business Administration, 60.2.
Imron, I. (2019). Analysis of the Effect of Product Quality on Consumer Satisfaction Using Quantitative Methods on CV. Tangerang Blessing Furniture. Indonesian Journal on Software Engineering (IJSE), 5(1), 19–28.
Indriyani, S.N. (2016). Analysis of the Effect of Inflation and Interest Rates on Economic Growth in Indonesia in 2005-2015. Journal of Business Economics Krisnadwipayana, 4(2).
Kewal, &. Suci, S. (2012). The Effect of Inflation, Interest Rates, Exchange Rates, and GDP Growth on the Composite Stock Price Index. Journal of Economia, 8(1), 53–64.
Mardawati. (2016). Factors Affecting Domestic Investment in South Sulawesi Province. Makassar: Department of Economics, Faculty of Economics and Islamic Business.
Prasetyo. (2010). The Influence of the Realization of Foreign Investment (PMA), The Realization of Domestic Investment (PMDN) and the Labor Force on the Economic Growth of North Sumatra Province in 2001-2003. Journal of Economics, North Sumatra State University, 1-8.
Ratih, P.N. (2019). The Effect of Economic Growth, Inflation and Unemployment on Poverty Levels in South Sumatra. Journal of Development Economics, 16(1), 1–10.
Santosa, A. B. (2017). Analysis of Inflation in Indonesia. Thesis of the Faculty of Communications and Business, University of Stikumbank 3, 445–452.
Sartika, D. &. Choiriyah, C. (2019). Effect of Inflation, Interest Rates, Exchange Rates, and Gross Domestic Product on Firm Value. Journal of Management Science, 8(2),75.
Sesaria, M. (2020). Investment and Investment Factors in Indonesia. Journal of Economics.
Suprianto, D. (2015). Domestic investment. Batam International University Journal of Economics, 28–42.
Ulfah, M. N. (2014). The Effect of Exchange Rates and Interest Rates on Investments in Aceh Province. Journal of Postgraduate Economics at Syiah Kuala University, 2(1), 1–8.
DOI: https://doi.org/10.29103/jmpe.v5i2.10221
Article Metrics
Abstract Views : 125 times
PDF Downloaded : 24 times
Refbacks
- There are currently no refbacks.
Copyright (c) 2023 Reza Juanda, Indah Mardianti
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.