The Effect Of External Debt, Foreign Investment And Exports Toward Economic Growth In 16 Asian Countries

Syaparuddin Syaparuddin, Hajri Puja Pratama, Katamso Katamso, Faradina Zevaya

Abstract


This research is aimed at analyzing the effect of economic growth lag, external debt, foreign investment and exports toward  economic grwoth in 16 Asain countries. The research used time series data 2010-2020, anda sectional series in 16  Asian countries. The tool of analisys which was used in this research is  Dynamic panel data regression. The result shows that  the model of  system generalized method of moment  as the best model, the based on eesult of analysis shows that economic growth lag  has a positive significant influence, in a short and a long term the external debt has a negative significant influences, exports has positive significant influences towards economic growth, while  foreign investment does not have a significant influence towards economic growth


Keywords


Economic Growth; Foreign Investment

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DOI: https://doi.org/10.18196/jesp.v25i1.18407

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