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The Analysis of Investment, Labor, Exports, Exchange Rate’s Effect toward the Indonesian Economic Growth

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  • Akmal Umar

Abstract

This study aimed to analyze the effect partially and simultaneously of the investment variable, the labor variable, the export variable, and the rate / value of the rupiahs variable toward the Indonesian economic growth. The whole data used in this research are secondary data from the systematic recording in the form of time series data (time series) in the period of 2007 to 2013 which were obtained from the Central Statistics Agency (BPS) of South Sulawesi Province. Model analysis of the data in this study is using multiple linear regressions with ordinary least squares approach (OLS). The results of this study indicate that in period of 2007 - 2013, the partially variables: Investment has no effect to economic growth; Labor positively and significantly affected to economic growth; Export in this case net-exports a negatively and significantly affected to economic growth; and the rupiahs’ exchange rate has not affected economic growth. And simultaneously variables: Investment, Labor, Exports, Foreign Exchange positively affected to Indonesia's Economic Growth.

Suggested Citation

  • Akmal Umar, 2016. "The Analysis of Investment, Labor, Exports, Exchange Rate’s Effect toward the Indonesian Economic Growth," Asian Journal of Social Sciences and Management Studies, Asian Online Journal Publishing Group, vol. 3(4), pages 248-255.
  • Handle: RePEc:aoj:ajssms:v:3:y:2016:i:4:p:248-255:id:497
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    Cited by:

    1. Amina Amirat & Makram Zaidi, 2020. "Estimating GDP Growth in Saudi Arabia Under the Government’s Vision 2030: a Knowledge-based Economy Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 1145-1170, September.
    2. Sayef Bakari, 2017. "The Impact of Vegetables Exports on Economic Growth in Tunisia," Economic Research Guardian, Weissberg Publishing, vol. 7(2), pages 72-87, December.

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