Research Article
Impacts of Foreign Direct Investment on ASEAN Developing Countries' Industrial Gross Domestic Product
@INPROCEEDINGS{10.4108/eai.16-4-2022.2320125, author={Dona Fitria and Pudji Astuty and Darwati Susilastuti and Widiyarini Widiyarini}, title={Impacts of Foreign Direct Investment on ASEAN Developing Countries' Industrial Gross Domestic Product}, proceedings={Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2022}, month={8}, keywords={foreign direct investment; sectoral gdp; data panel analysis}, doi={10.4108/eai.16-4-2022.2320125} }- Dona Fitria
Pudji Astuty
Darwati Susilastuti
Widiyarini Widiyarini
Year: 2022
Impacts of Foreign Direct Investment on ASEAN Developing Countries' Industrial Gross Domestic Product
ICLSSEE
EAI
DOI: 10.4108/eai.16-4-2022.2320125
Abstract
Foreign Direct Investment (FDI) is a long-term foreign capital flow and relatively is not vulnerable to economic turmoil. ASEAN countries have become the world’s FDI destination. Numbers amount of FDI will contribute to the GDP and economic growth of a nation. The goal of this study is to to analyze and study the consequence of FDI on industrial sectoral GDP in ASEAN Developing Countries. This research is quantitative. Secondary information from each country during the previous 14 years was used. (2006-2019), A totally of 84 data are collected for each research variable. This study used data panel analysis and e-Views help to calculate the data. The end outcome that FDI had a strong and favorable influence on ASEAN Developing countries’ industrial GDP.