Determinants of Domestic Direct Investment in Indonesia: Islamic Economic Approach

Faizah, Iva; Fasa, Muhammad Iqbal; Suharto, Suharto; Rahmanto, Dhidhin Noer Ady; Athief, Fauzul Hanif Noor

doi:10.15294/jejak.v12i2.20973

Cited by 3 publications

(2 citation statements)

References 5 publications

(5 reference statements)

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“…The estimates still show that DDI has insignificant impact on sub-national growth (Table 5, GMM2). This result is in accordance with that of Alvarado, Iniguez, & Ponce (2017) in lower-middle income Latin American countries, Bakari (2018) for Algeria, Hayat (2018) in low and middleincome countries with a large natural resource sector, Asamoah, Mensah, & Bondzie (2019) in Sub-Saharan African Countries, Bakari & Sofien (2019) in Asian developing countries, Sokhanvar (2019) in five European Union member countries, and Faizah, Fasa, Suharto, Rahmanto, & Athief (2019) in Indonesian provinces.…”

Section: Estimation Resultssupporting

confidence: 86%

How important are health and education in boosting sub-national economic growth?

Verazulianti

Dawood

Zulham

2021

JSeD

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Development of the global economy is marked by increasing attention towards the health sector due to Covid-19 outbreak. This research contributes by examining how important is health and education for provincial economic growth, and connect it with foreign direct investments, and infrastructure spending. Taking Indonesia as a case study, and employing GMM and Fixed Effects methods, the analysis found that improving health and education outcomes are key for sub-national economic growth. However, foreign direct investment, domestic direct investment and public spending on infrastructure failed to support growth in the sub-national level. The finding is robust against alternative specifications. For policy suggestions, in order to dampen the negative economic effects of Covid-19 and to boost growth at post-pandemic period, government at all levels must maintain or even increase public spending in health and education which directly target improvements of health and educational outcomes. To ensure the improvements, public spending must be directed to provide good quality health and educational services; services which enhance health outcomes and develop students’ cognitive skills. In addition, good quality health and educational services must be evenly distributed across sub-nationalities. This is aligned with achieving the UN Sustainable Development Goals number 10; reducing inequality within a country.JEL Classification H51; H52; O15

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Section: Estimation Resultssupporting

confidence: 86%

How important are health and education in boosting sub-national economic growth?

Verazulianti

Dawood

Zulham

2021

JSeD

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“…Pasar Modal syariah sebagai bagian dari sistem ekonomi syariah mempunyai peran dalam meningkatkkan efisiensi pengelolaan modal perusahaan, serta mendukung kegiatan investasi (Faizah et al, 2019). Produk dan aktivitas pasar keuangan yang mencerminkan prinsip-prinsip Islam akan membuat daya tarik para investor muslim untuk menginvestasikan dananya dengan jaminan praktiknya.…”

Section: Pasar Modal Syariah Indonesiaunclassified

COVID-19 dan Pasar Modal Syariah: Pendekatan Regresi Korelasi Kanonikal

Octaviana

2023

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Economic activity in 2019–2020 were heavily impacted by the COVID-19 pandemic sickness. The effect of COVID-19 on investments made on Islamic financial markets, however, has not been studied in research. The primary focus of this study will be on the connection between the Covid-19 movement and the Islamic financial market industry. In the quantitative method, canonical correlation analysis was used. Samples were collected from March 3 through August. The movement of the Jakarta Islamic Index and the Covid-19 Movement variable are used to examine Sharia Mutual Funds and Sukuk. The results show that neither of the two dependent variables—the Jakarta Islamic Index nor Sukuk—is significantly impacted by the movement of Covid-19. But, there is one factor on which Islamic mutual funds have a positive and significant influence.

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Analysis of the Impact of Exports and Investment on Indonesian Economic Growth

Leonard

Novianti

Mulatsih

2021

IJSRSET

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The average share of net exports to Indonesia's economic growth was only 1.01% in the last 30 years. The contribution and important role of manufacturing industry exports in total national exports ranged from 73.62 – 80.91% with an average of 78.30% in the last 10 years (2010 – 2020). This study aims to analyze the impact of manufacturing industry exports and investment on economic growth through the export-led growth hypothesis. The results show that there is a long-term relationship between foreign investment, domestic investment, employment, and manufacturing industry exports to GDP. Domestic investment and manufacturing exports have a positive effect on GDP, on the other hand, foreign investment and employment have a negative effect. An indication of the negative influence of FDI in Indonesia is due to the low rate of economic return. In addition, the negative effect of labor absorption is indicated by the unavailability of adequate employment opportunities.

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Determinants of Domestic Direct Investment in Indonesia: Islamic Economic Approach

Cited by 3 publications

References 5 publications

How important are health and education in boosting sub-national economic growth?

How important are health and education in boosting sub-national economic growth?

COVID-19 dan Pasar Modal Syariah: Pendekatan Regresi Korelasi Kanonikal

Analysis of the Impact of Exports and Investment on Indonesian Economic Growth

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