Abstract
Economic growth is an indicator to show the economic performance and economic development of a country. Economic growth theory has many figures with it thoughts. One of them is Solow's thinking, which considers that investment and technology can drive economic growth. Harrod Domar also state that investment can boost economic growth. The purpose of this study is to analyze the effect of Foreign Direct Investment (FDI), Domestic Direct Investment (DDI), and the ICT Index on Indonesia's economic growth. The method used in this research is Least Square Panel (PLS). The results showed that the Domestic Direct Investment (DDI) and the ICT Index had a positive and significant effect on Indonesia's economic growth. In contrast to these two variables, Foreign Direct Investment (FDI) has a positive but insignificant effect on Indonesia's economic growth.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.