FOREIGN DIRECT (FDI) INVESTMENTS AS A COMPARISON OF
MACROECONOMICS IN ASEAN 5, CHINA AND JAPAN DURING PERIOD
1996-2015
FOREIGN DIRECT (FDI) INVESTMENTS AS A COMPARISON OF
MACROECONOMICS IN ASEAN 5, CHINA AND JAPAN DURING PERIOD
1996-2015
Author(s): Wira Ganet AribowoSubject(s): Social Sciences
Published by: Editura Fundaţiei România de Mâine
Keywords: foreign direct investment; macroeconomic; Panel Data;
Summary/Abstract: The purpose of this research is to analyze the Determination of Foreign Direct Investment (FDI) Asa Comparison of Macroeconomic Factors in Asean 5, China and Japan. Besides, this research also analysesthe influence of macroeconomic factors due to the strength of the influence of macroeconomic factors to theshock.This research uses the secondary data during the period of 1996-2015 by using the Panel Data model. Thevariable, which is used here, is the macroeconomic factor (Broad Money, Economic Development, laborforce, exchange rate, industry, transport service) that has an effect on Foreign Direct Investment in Asean 5,China and Japan.The gap of this research is to connect the macroeconomic factor (Broad Money, Economic Development,labor force, exchange rate, industry, transport service) that has an effect on Foreign Direct Investment. Theresult of the research shows that the macroeconomic factors have positive effect in ASEAN 5 countries,China and Japan as Home Country, as well as Host Country. Meanwhile, the FDI has a negative impact fromone of the macroeconomic factors that is ‘exchange rate’. The policy implication of this research is tosuggest the monetary authority, government or private, to supervise the direct investment flow that entersthe host countries.
Journal: Journal of Economic Development, Environment and People
- Issue Year: 7/2018
- Issue No: 4
- Page Range: 29-42
- Page Count: 14
- Language: English
