ANALYSIS OF INVESTMENT DETERMINANTS IN INDONESIA
DOI:
https://doi.org/10.23969/oikos.v7i2.6483Keywords:
Investment, Human Development Index, Labor, Infrastructure, and InflationAbstract
This study aims to determine and analyze the extent of the influence of human development, labor, infrastructure and inflation indices on investment in Indonesia. This type of research is descriptive and associative research using a quantitative approach. The data used in this study are panel data with the 2016-2020 time series and cross sections of 34 provinces in Indonesia, which are sourced from BPS. The analytical method used is the classen typology and multinomial logistic regression. The results showed that: (1) the human development index variable had a positive and significant effect on investment in the classification of fast-developing and fast-growing and depressed areas, while it had a positive and insignificant effect on rapidly developing regions (2) the labor variable had a negative and significant effect on investment in the classification of fast-developed and fast-growing, depressed and rapidly developing regions (3) the infrastructure variable has a negative and significant effect on fast-developing and fast-growing regions, while a negative and insignificant effect on depressed and rapidly developing developed areas. (4) inflation has no significant effect on investment in the classification of fast-developed and fast-growing, depressed and fast-developing regions.Downloads
References
Adry, M. R. (2013). Analisis Investasi Sumatera Barat (Pendekatan Error Correction Models). Jurnal Kajian Ekonomi, 1(2), 7103.
Alshamsi, K. H., Hussin, M. R. Bin, & Azam, M. (2015). The impact of inflation and GDP per capita on foreign direct investment: The case of United Arab Emirates. Investment Management and Financial Innovations, 12(3), 132–141.
Asab, N. A., & Al-Tarawneh, A. (2018). The Impact of Inflation on Investment: The Non-Linear Nexus and Inflation Threshold in Jordan. Modern Applied Science, 12(12), 113. https://doi.org/10.5539/mas.v12n12p113
Astuty, F., & Siregar, I. N. P. (2018). Analisis Produk Domestik Bruto, Infrastruktur, Nilai Tukar Dan Tingkat Suku Bunga Terhadap Investasi Asing Langsung Di Indonesia. Jkbm (Jurnal Konsep Bisnis Dan Manajemen), 5(1), 91. https://doi.org/10.31289/jkbm.v5i1.1875
Bagchi-Sen, S., & Hayter, R. (2001). The Dynamics of Industrial Location: The Factory, the Firm and the Production System. Economic Geography, 77.
Borrillo, M. (1994). World Development Report 1994: Infrastructure for Development. In Denver Journal of International Law & Policy (Vol. 23, Issue 1).
Briwantara, R. I. (2018). Analisis Pola Penyebaran Investasi dan Faktor Yang Mempengaruhinya di Jawa Tengah. Economics Development Analysis Journal, 7(1). https://journal.unnes.ac.id/sju/index.php/edaj/article/view/21932
Caceres, L. R., & Caceres, S. A. (2015). Financing investment in sub-Saharan Africa: Savings, human development, or institutions? The Journal of Developing Areas, 49(4), 1–23. https://doi.org/10.1353/jda.2015.0122
Dewi, T. M., & Cahyono, H. (2016). Pengaruh Pertumbuhan Ekonomi, BI Rate, dan Inflasi Terhadap Investasi Asing Langsung Di Indonesia. Jurnal Pendidikan Ekonomi (JUPE), 4(3), 1–7.
Eklund, J. E. (2013). Theories of Investment: A Theoretical Review with Empirical Applications. Swedish Enterpreneurship Forum, 6.
Eriawati, Y., Amar, S., & Idris, I. (2015). Analisis Faktor-Faktor Yang Mempengaruhi Perekonomian Dan Investasi Di Sumatera Barat. Jurnal Kajian Ekonomi, 3(6), 103473.
Firadlan, R., Julliannisa Arrafi, I., & Sugianto. (2021). ANALYSIS OF FACTORS AFFECTING INVESTMENT IN INDONESIA. International Journal of Economics, Business and Accounting Resesarch (IJEBAR), 5(3). https://jurnal.stie-aas.ac.id/index.php/IJEBAR
Jannah, R., & Asnawi, A. (2019). Analisis Faktor-Faktor Yang Mempengaruhi Investasi Di Indonesia Tahun 1990 – 2017. Jurnal Ekonomi Regional Unimal, 2(2), 78. https://doi.org/10.29103/jeru.v2i2.1721
Jhingan, M. L. (2012). Ekonomi Pembangunan dan Perencanaan. PT RajaGrafindo Persada.
Jones, C. P., Utama, S., Frensidy, B., Ekaputra, I. A., & Budiman, R. U. (2009). Investments : Analysis and management (an Indonesia Adaptation). Salemba Empat.
Jorgenson, D. W. (1967). The Theory of Investment Behavior. In R. Ferber (Ed.), Determinants of Investment Behavior (pp. 129–175). National Bureau of Economic Research.
Khosiyatillah, U. (2021). Distribution and Factors Affecting Investment in Yogyakarta Special Region. Efficient: Indonesian Journal of Development …, 4(1), 1142–1159. https://journal.unnes.ac.id/sju/index.php/efficient/article/view/43275%0Ahttps://journal.unnes.ac.id/sju/index.php/efficient/article/download/43275/18132
Kuncoro, M. (2015). Mudah Memahami & Menganalisis : Indikator Ekonomi (kedua). UPP STIM YKPN Yogyakarta.
Lacey, J. I. (2016). Integration tests. Printed Classification Tests: Report No. 5., 191–225. https://doi.org/10.1037/14946-010
Lardé, J., & Sánchez, R. (2014). The economic infrastructure gap in and investment in Latin America. Boletín FAL, 4(332), 9.
Latan, H. (2014). Aplikasi Analisis Data Statistik untuk Ilmu Sosial Sains dengan STATA (1st ed.). ALFABETA CV.
Lutfi, D. M., & Hendrian, S. E. M. S. (2012). Dasar-Dasar Manajemen Investasi. In Manajemen Investasu. Universitas Terbuka.
Mahendra, W. (2021). Determinan Foreign Direct Investment (FDI) di Negara-negara Organisasi Kerjasama Islam (OKI) Periode 2010-2019. Panangkaran: Jurnal Penelitian Agama Dan Masyarakat, 4(1), 99–118. https://doi.org/10.14421/panangkaran.2020.0401-06
Messakh, S. R., & Amtiran, P. Y. (2019). Pengaruh Inflasi dan Suku Bunga terhadap Investasi Dalam Negeri di Indonesia. Journal of Management, 8(1), 2–2.
Muhammad Syaikhu, A., & Haryati, T. (2018). Analisis Pengaruh Inflasi, Suku Bunga Kredit, Tenaga Kerja, Teknologi Terhadap Investasi di Indonesia. Economics Development Analysis Journal, 6(1), 8–15. https://doi.org/10.15294/edaj.v6i1.22195
Orisu, L. M., Salju, J. G., & Barat, M. (2018). Determinan Investasi di Provinsi Papua Barat Tahun 2006 – 2017. XII(2).
Pratama, F. H., & Salsiyah, S. M. (2016). Analisis Pengaruh Angkatan Kerja, Upah Karyawan Domestik dan Infrastruktur terhadap Penanaman Modal Asing di Jawa Tengah melalui Badan Penanaman Modal Daerah (BPMD) Provinsi Jawa Tengah (Periode 2000-2013). Journal of Business Studies, 67–80.
Riandoko Adi Kurniawan, B., & Sugiyanto, F. (2013). Pengaruh Pertumbuhan Ekonomi, Share Sektor Industri Dan Pertanian Serta Tingkat Jumlah Orang Yang Bekerja Terhadap Ketimpangan Wilayah Antar Kabupaten/Kota Di Jawa Tengah Tahun 2002-2010. Diponegoro Journal of Economics, 2(1), 1–14. http://ejournal-s1.undip.ac.id/index.php/jme
Rizal, Y. (2018). Analisis Pengaruh Tenaga Kerja dan Kurs Terhadap Investasi Dalam Negeri. Jurnal Samudra Ekonomika, 2(1), 30–37.
Sari, P. M. (2017). Studi Mengenai Hambatan dan Kesulitan Penerapan Konsep Green Infrastructure. 1–14.
Sjafrizal. (2014a). Ekonomi Wilayah dan Perkotaan (2nd ed.). Rajawali Pers.
Sjafrizal. (2014b). Perencanaan Pembangunan Daerah Dalam Era Otonomi. PT Rajagrafindo Persada.
Suparmoko, M. (2002). Ekonomi Pembangunan. BPFE.
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Oikos : Jurnal Ekonomi dan Pendidikan Ekonomi
This work is licensed under a Creative Commons Attribution 4.0 International License.
