Research Article
Navigating Economic Growth: The Roles of AI Readiness, Trade Openness, Inflation, and Unemployment in ASEAN-7
@INPROCEEDINGS{10.4108/eai.4-9-2024.2353717, author={Wulan Kurniasari and Adi Rahmansyah and Gharas Umara and Beta Mustika Wati}, title={Navigating Economic Growth: The Roles of AI Readiness, Trade Openness, Inflation, and Unemployment in ASEAN-7}, proceedings={Proceedings of the 7th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2024, 4-5 September 2024, Shah Alam, Selangor, Malaysia}, publisher={EAI}, proceedings_a={ICEBE}, year={2024}, month={12}, keywords={economic growth ai trade openess inflation unemployment}, doi={10.4108/eai.4-9-2024.2353717} }
- Wulan Kurniasari
Adi Rahmansyah
Gharas Umara
Beta Mustika Wati
Year: 2024
Navigating Economic Growth: The Roles of AI Readiness, Trade Openness, Inflation, and Unemployment in ASEAN-7
ICEBE
EAI
DOI: 10.4108/eai.4-9-2024.2353717
Abstract
Extensive research has explored the factors affecting economic growth, often with mixed and unclear results. These differences might arise from varying country characteristics, rapid technological changes, and the effects of globalization. This study looks at what influences economic growth in seven ASEAN countries using panel data analysis. This research is crucial for enabling governments to make informed decisions to boost economic growth and development in their countries.The Fixed Effect Model was chosen for this analysis. The results show that the AI Government Readiness Index and inflation both have a positive and significant impact on economic growth. On the other hand, trade openness and unemployment negatively affect economic growth in these countries