ANALISIS PENGARUH TRADE OPENNESS TERHADAP GROSS DOMESTIC PRODUCT ASEAN-5 PERIODE 2005-2014
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Keywords:
trade openness, human development index, gross domestic product, ASEAN-5
Abstract
This study aims to analyze the effect of trade openness, human development index, and foreign direct investment on gross domestic product in ASEAN-5 countries (Indonesia, Thailand, Singapore, Malaysia and Philippines) for 2005-2014 period. This research uses quantitative approach with panel data regression model. The results of this study indicate that trade openness has a significant positive effect on gross domestic product at quadratic level. Similarly, human development index and foreign direct investment individually have a statistically significant effect on gross domestic product. So it can be concluded that internal and external variables of ASEAN-5 countries have a positive and significant influence on gross domestic product.
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References
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Barro, Robert J. 2003. Determinants of Economic Growth in a Panel of Countries. Annals of Economics and Finance. Volume 4, 231-274.
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Thirlwall, A.P. 2006. Growth and Development with Special Reference to Developing Economies. 8th Ed. United Kigndom. Palgrave Macmillan.
Barro, Robert J. 2003. Determinants of Economic Growth in a Panel of Countries. Annals of Economics and Finance. Volume 4, 231-274.
Sugiyono. 2006. Metode Penelitian Kuantitatif, Kualitatif dan R&D.Bandung. Alfabeta.
Sukirno, Sadono. 2006. Makroekonomi: Teori Pengantar. Jakarta. Penerbit PT. Raja Grafindo Persada.
Thirlwall, A.P. 2006. Growth and Development with Special Reference to Developing Economies. 8th Ed. United Kigndom. Palgrave Macmillan.
Published
2018-03-01
Section
Bidang Ilmu Ekonomi (SP)
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