The Effect of Economic Growth, London Interbank Offered Rate (LIBOR), Exchange Rates and Covid-19 Pandemic on Foreign Direct Investment in Indonesia Period 2009-2023

Mingga Hermaliza (), Any Widayatsari () and Sri Endang Kornita ()

Agregat: Jurnal Ekonomi dan Bisnis, 2024, vol. 8, issue 1, 84-99

Abstract: This study examines the influence of Economic Growth, LIBOR, Exchange Rates, and the Covid-19 Pandemic on Foreign Direct Investment (FDI) in Indonesia from 2009 to 2023. A quantitative approach was used for analysis. The results reveal that, over the period studied, Economic Growth and LIBOR both have a positive but minimal impact on FDI in Indonesia. The Covid-19 Pandemic, represented as a dummy variable, shows a positive but statistically insignificant effect on FDI at a 5% significance level, though it has a significant impact at the 10% level. In contrast, Exchange Rates have a positive and significant effect on FDI.

Keywords: Economic Growth; LIBOR; Exchange Rate; Covid-19 Pandemic; Foreign Direct Investment (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journal.uhamka.ac.id/index.php/agregat/article/view/15190 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:apn:agregt:v:8:y:2024:i:1:p:84-99:id:15190

Access Statistics for this article

Agregat: Jurnal Ekonomi dan Bisnis is currently edited by Edi Setiawan

More articles in Agregat: Jurnal Ekonomi dan Bisnis from Universitas Muhammadiyah Prof. DR HAMKA.
Bibliographic data for series maintained by Susilo ().