THE EFFECT OF INVESTMENT ON ECONMIC GROWTH WITH EXPORTS AS A MODERATING VARIABLE

Arie Fitria, Regina Regina, Eva Yuniarti Utami, Arifia Nurriqli, Alya Elita Sijoen

Abstract


This research is quantitative research with an exploratory approach, namely an approach that uses a number of previous studies as the main reference for finding elements of Novelty and Research Gap in this article. The data used in this research is secondary data that researchers obtained from the annual Central Statistics Agency reports from 2014-2024. The data used was analyzed using the smart PLS 4.0 analysis tool with the hypothesis formulation below. The result in this article show the investment variable has a positive relationship and a significant influence on economic growth. This is because the P-Values value is positive and is below the 0.05 significance level, namely 0.003. This is because large investments can improve all lines that can boost growth, both in terms of industry, education, health, and so on. Apart from that, in the second row of the third table, the Path Coefficient above shows that the Export variable can moderate the influence of the Investment variable on Economic Growth due to the same thing, namely the direction of the positive relationship of P-Values and is below the significance level of 0.05, namely 0.000, which is more significant than the direct test of 0.003. . In this way the first and second hypotheses in the research can be accepted and proven.

Keywords: Investment, Econmic Growth, Exports

Full Text:

PDF

References


Arifin, N. F. K. (2019). Kredibilitas Kebijakan Fiskal dan Dampaknya terhadap Kemiskinan (Studi Empiris pada Kabupaten Kota di Pulau Jawa). Jurnal Ilmiah, 7(2), 1–11.

Astuti, P. W. (2018). Analisis Pengaruh Investasi Terhadap Pertumbuhan Ekonomi (Studi Pada 33 Provinsi di Indonesia). In Jurnal Ilmiah Mahasiswa FEB (Vol. 6, Issue 2). https://jimfeb.ub.ac.id/index.php/jimfeb/article/view/4629/4058

Felisya, R., & Arifin, A. Z. (2022). Pengaruh Financial Attitude, Risk Perception terhadap Investment Intention pada Pasar Saham Indonesia. Jurnal Manajerial Dan Kewirausahaan, 4(4), 899–907. https://doi.org/10.24912/jmk.v4i4.20541

Ghozali, I. (2016). Aplikasi analisis multivariete dengan program (IBM. SPSS). Univrsitas Dipenogoro.

Ghufran Riziqurrahman. (2016). Analisis Pengaruh Investasi, Inflasi, Jumlah Tenaga Kerja, Dan Pengeluaran Negara Terhadap Pertumbuhan Ekonomi Di Indonesiatahun 2000-2018.

Hair. (2010). Multivariate Data analysis, Seventh Editions. New Jersey.

Handayani, P. N. S., Bendesa, I. K. ., & Yuliarmi, N. N. (2016). Pengaruj Jumlah Penduduk, Angka Harapan Hidup, Rata-Rata Lama Sekolah dan PDRB Per Kapita Terhadap Pertumbuhan Ekonomi Di Provinsi Bali. E-Jurnal Ekonomi Dan Bisnis Universitas Udayana, 5(10), 3449–3474.

Hidayat, T. (2011). Pintar Investasi. Mediakarta.

Hikmah, & Rustam, T. A. (2020). Pengetahuan Investasi, Motivasi Investasi, Literasi Keuangan dan Persepsi Risiko Pengaruhnya Terhadap Minat Investasi pada Pasar Modal. SULTANIST: Jurnal Manajemen Dan Keuangan, 8(2), 131–140. https://sultanist.ac.id/index.php/sultanist

Jonathan Sarwono. (2016). Meode Penelitian Kualitatif dan Kuantitatif. Graha Ilmu.

Kholis, M., Astuti, D., & Febrianti, R. (2016). HUBUNGAN ANTARA PENDAPATAN NASIONAL DAN INVESTASI DI INDONESIA (Suatu Kajian Ekonomi Makro Dengan Model VAR). Jurnal Organisasi Dan Manajemen, 12(1), 65–78. https://doi.org/10.33830/jom.v12i1.48.2016

Lutfi Amelina Dewi. (2022). ANALISIS PENGARUH INVESTASI, EKSPOR, PENGELUARAN PEMERINTAH, TINGKAT PENDIDIKAN, DAN TENAGA KERJA TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA TAHUN 2011 - 2020. In FAKULTAS BISNIS DAN EKONOMIKA UNIVERSITAS ISLAM INDONESIA (Issue 8.5.2017). https://www.who.int/news-room/fact-sheets/detail/autism-spectrum-disorders

Mankiw, N. G. (2007). Macroeconomics 7th Edition. Worth Publishers.

Mankiw, N. G. (2011). Macroeconomics and the Financial System. Sage Publications, Inc.

Manzilati, A. (2017). Metodologi Penelitian Kualitatif Paradigma, Metode, dan Aplikasi. UB Press.

Nabila Khaerumuda, & Hotman Tohir Pohan. (2023). Pengaruh Profitabilitas Dan Solvabilitas Terhadap Return Saham Dengan Earning Per Share Sebagai Variabel Moderasi Pada Perusahaan Lq45 Yang Terdaftar Di Bursa Efek Indonesia Tahun 2018-2021. Jurnal Ekonomi Trisakti, 3(2), 3733–3744. https://doi.org/10.25105/jet.v3i2.18173

Nawangsari. (2019). How the green human resources management (GHRM) process can be adopted for the organization business. Atlantis Press, 65(1), 27.

Nugraha, A., & Tjahjawati, S. S. (2018). Pengaruh Kompensasi Terhadap Kinerja Karyawan. Jurnal Riset Bisnis Dan Investasi, 3(3), 24. https://doi.org/10.35697/jrbi.v3i3.942

Santoso, P. B., Tukiran, M., Hyun, C. C., Wijayanti, L. M., Asbari, M., & Purwanto, A. (2020). Review Literatur: Pengembangan Sumber Daya Manusia dan Pendidikkan dalam Rangka Meningkatkan Pertumbuhan Ekonomi. Journal of Engineering and Management Science Research (JIEMAR), 1(2), 276–285. https://journals.indexcopernicus.com/search/article?articleId=2661001

Sarstedt, M., M. Ringle, C., Smith, D., Reams, R., & Hair Jr, J. F. (2014). Partial least squares structural equation modeling (PLS-SEM): A useful tool for family business researchers. Journal of Family Business Strategy, 5(1), 105–115.

Septian, W. (2022). Pengaruh Faktor Perilaku Investor Individu Terhadap Keputusan Investasi Di Masa Pandemi Covid-19 Dengan Pendekatan …. http://digilib.unila.ac.id/63521/%0Ahttp://digilib.unila.ac.id/63521/3/3. TESIS TANPA BAB PEMBAHASAN.pdf

Wicaksono, A. (2017). Analisis Pengaruh Investasi, Tenaga Kerja, dan Pengeluaran Pemerintah Terhadap Pertumbuhan Ekonomi di Provinsi Lampung Tahun 1996-2013. Journal Economic, 53(9), 1689–1699.

Wijaya, D. N. (2021). Pengaruh Suku Bunga, Nilai Tukar, Pertumbuhan Ekonomi, Kinerja Keuangan, Keputusan Pendanaan, Dan Keputusan Investasi Terhadap Nilai Perusahaan. Equator Journal of Management and Entrepreneurship (EJME), 9(1), 1–19. https://doi.org/10.26418/ejme.v9i1.45929

Yulianti, P. D., Suhariadi, F., Hadi, C., Surjaningrum, E. R., & Sugiharto, D. (2022). Spiritual Leadership dalam Organisasi : Faktor Pengaruh dan Arah Penelitian Masa Depan. Buletin Psikologi, 30(2), 298. https://doi.org/10.22146/buletinpsikologi.65897

Yusuf, M. Z., Wibowo, M. G., Hidayati, N., & Khusniati, N. (2020). Pengaruh Pendidikan dan IPM terhadap pertumbuhan ekonomi di Daerah Istimewa Ypgyakarta. Jurnal Ekonomi Dan Pendidikan, 19(1), 25–38.




DOI: http://dx.doi.org/10.29040/jie.v8i2.13948

Refbacks

  • There are currently no refbacks.