MICHELLE, and Atmadja, Adwin Surja (2021) Foreign Capital Growth and Economic Growth: A Case Study of ASEAN Countries. In: PIKSI International Conference on Knowledge and Science (PICKS), 18-12-2021 - 18-12-2021, Bandung - Indonesia.
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Abstract
This study aims to examine the effect of foreign direct investment and external debt growth on ASEAN-6 countries’ economic growth during the period of 2011-2019 based on neoclassical growth theory. The panel data regression is used to analyze the countries’ data. The results indicate that the growth of foreign direct investment does not significantly affect the countries’ economic growth, while external debt does.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | Economic growth, external debt, foreign direct investment |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Economic > Finance Management Program |
| Depositing User: | Admin |
| Date Deposited: | 06 Jan 2022 07:41 |
| Last Modified: | 01 Sep 2022 18:33 |
| URI: | https://repository.petra.ac.id/id/eprint/20098 |
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