Research Article
Foreign Direct Investment, Portfolio Investment, and Economic Growth in Indonesia: Vector Auto Regression Approach
@INPROCEEDINGS{10.4108/eai.20-1-2018.2282084, author={Marzuki Marzuki and Wahyuddin Albra and Nazir Nazir and Fahmy Azhari and Apridar Abdurrahman and Ghazali Syamni}, title={Foreign Direct Investment, Portfolio Investment, and Economic Growth in Indonesia: Vector Auto Regression Approach}, proceedings={Proceedings of the 1st Workshop on Multidisciplinary and Its Applications Part 1, WMA-01 2018, 19-20 January 2018, Aceh, Indonesia}, publisher={EAI}, proceedings_a={WMA-1}, year={2019}, month={9}, keywords={portfolio investment economic growth}, doi={10.4108/eai.20-1-2018.2282084} }- Marzuki Marzuki
Wahyuddin Albra
Nazir Nazir
Fahmy Azhari
Apridar Abdurrahman
Ghazali Syamni
Year: 2019
Foreign Direct Investment, Portfolio Investment, and Economic Growth in Indonesia: Vector Auto Regression Approach
WMA-1
EAI
DOI: 10.4108/eai.20-1-2018.2282084
Abstract
The goal of this research is to examine the Foreign Direct Investment (FDI), Portfolio Investment (PI) and Economic Growth (EG) correlation in Indonesia. This research is using the Economic growth, foreign direct investment and portfolio investment data during 2010-2016, which is accessed from www.bps.go.id; www.bkpm.go.id and www.bi.go.id, and using Vector Auto Regression method. The result shows that FDI and EG have two way correlationship, meaning the connection between past Indonesia FDI and recentIndonesia EG are exist. PI and EG have the same correlationship yet it does not influence the investors to invest at the Indonesia Stock Exchange, as they, particularly foreign investors, are looking forward to the Indonesia Macro-economy policies or recent information about it.
