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Impact of Covid-19 and Foreign Direct Investment on Indonesia's Economic Growth

Author

Listed:
  • Suparta, I Wayan

    (University of Lampung, Bandar Lampung, Indonesia)

  • Wiryawan, Driya

    (University of Lampung, Bandar Lampung, Indonesia)

  • Ciptawaty, Ukhti

    (University of Lampung, Bandar Lampung, Indonesia)

  • Wahyudi, Heru

    (University of Lampung, Bandar Lampung, Indonesia)

Abstract

This study seeks to investigate the effects of COVID-19, foreign direct investment, inflation and rents from natural resources on Indonesia's economic growth from 1990 to 2021. The analysis method used in this research is ordinary least square (OLS). A time-series data from an Indonesian study between 1990 and 2021. The results of this study indicate that COVID-19 and inflation have a significant adverse effect on Indonesia's economic growth. Foreign direct investment and natural resource rents have a considerable beneficial impact. The results of this study are expected to be one of the key references in developing policy; strengthening basic needs facilities, controlling inflation, making policies that stimulate FDI, and continuing natural resource management.

Suggested Citation

  • Suparta, I Wayan & Wiryawan, Driya & Ciptawaty, Ukhti & Wahyudi, Heru, 2025. "Impact of Covid-19 and Foreign Direct Investment on Indonesia's Economic Growth," International Journal of Economics and Financial Issues, Econjournals, vol. 15(2), pages 1-8, February.
    • Handle: RePEc:eco:journ1:v:15:y:2025:i:2:id:17679
    DOI: 10.32479/ijefi.17679
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