Main Article Content
Abstract
Ketimpangan ekonomi dan tantangan pengentasan kemiskinan tetap menjadi isu utama bagi negara berkembang seperti Indonesia, meskipun realisasi investasi mengalami tren pertumbuhan positif. Penelitian ini dilakukan untuk menganalisis pengaruh penanaman modal dalam negeri dan penanaman modal asing terhadap pertumbuhan ekonomi Indonesia. Penelitian menggunakan metode kuantitatif dengan jenis penelitian kausal-komparatif untuk mengetahui hubungan kausal antar variabel. Populasi dalam penelitian ini adalah data tahunan makroekonomi Indonesia, sedangkan teknik sampling yang digunakan adalah purposive sampling dengan sampel berupa data deret waktu selama sebelas tahun (2013–2023). Lokasi penelitian berada dalam lingkup nasional Indonesia dengan sumber data sekunder yang diperoleh dari Badan Pusat Statistik (BPS), Kementerian Investasi/BKPM, Bank Indonesia, serta lembaga internasional seperti World Bank dan UNCTAD. Pengolahan data dilakukan menggunakan analisis regresi linier sederhana dan berganda untuk menguji pengaruh masing-masing variabel secara parsial dan simultan. Hasil penelitian menunjukkan bahwa penanaman modal dalam negeri dan penanaman modal asing memiliki pengaruh positif terhadap pertumbuhan ekonomi Indonesia, baik secara individu maupun simultan, dengan kontribusi terbesar berasal dari investasi asing. Temuan ini memberikan implikasi bahwa penguatan sinergi investasi domestik dan asing diperlukan dalam rangka menciptakan pertumbuhan ekonomi yang lebih optimal dan berkelanjutan.
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References
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- Sulaiman, C., Abdul-Rahim, A. S., & Chin, L. (2018). Does logistics performance moderate the relationship between investment and growth? Transportation Research Part E: Logistics and Transportation Review, 116, 1–14. https://doi.org/10.1016/j.tre.2018.01.009
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References
Abdullah, F., Ibrahim, Z., & Rahman, M. (2023). The role of FDI in reducing poverty in developing countries. Journal of Economic Development, 48(2), 150–170. https://doi.org/10.35866/jed.2023.48.2.150
Abdullah, M., & Sabo, B. (2016). The impact of investment climate on foreign direct investment inflow in Nigeria. Cogent Economics & Finance, 4(1), 1221483. https://doi.org/10.1080/23311975.2016.1221483
Abubakar, A., Bala, A., & Shehu, A. (2020). Foreign direct investment and economic growth in ASEAN countries. Finance Research Letters, 37, 101559. https://doi.org/10.1016/j.frl.2020.101559
Aghion, P., Akcigit, U., & Howitt, P. (2016). Lessons from Schumpeterian growth theory. Journal of Development Economics, 124, 11–31. https://doi.org/10.1016/j.jdeveco.2016.03.007
Alfaro, L. (2017). Gains from foreign direct investment: Macro and micro approaches. Journal of International Economics, 106, 79–93. https://doi.org/10.1016/j.jinteco.2017.01.003
Alfaro, L., Kalemli-Ozcan, S., & Sayek, S. (2019). FDI and economic growth: The role of local financial markets. Journal of International Economics, 89(2), 242–256. https://doi.org/10.1016/j.jinteco.2018.09.004
Alhassan, A. L., & Yakubu, M. (2022). The role of domestic investment in economic growth in sub-Saharan Africa. Applied Economics, 54(6), 613–628. https://doi.org/10.1080/00036846.2021.2013875
Asongu, S. A., & Odhiambo, N. M. (2021). Foreign direct investment, quality of institutions and economic development in Sub-Saharan Africa. Journal of Economic Structures, 10(1), 1–24. https://doi.org/10.1186/s40008-021-00230-5
Badan Pusat Statistik. (2024). Indikator kesejahteraan rakyat Indonesia 2024. Jakarta: Badan Pusat Statistik.
Baron, R. M., & Kenny, D. A. (1986). The moderator–mediator variable distinction in social psychological research. Journal of Personality and Social Psychology, 51(6), 1173–1182.
Barro, R. J., & Sala-i-Martin, X. (2004). Economic growth (2nd ed.). Cambridge, MA: MIT Press.
BKPM. (2024). Laporan statistik penanaman modal. Jakarta: Kementerian Investasi/BKPM.
Bowen, G. A. (2009). Document analysis as a qualitative research method. Qualitative Research Journal, 9(2), 27–40. https://doi.org/10.3316/QRJ0902027
Budiantoro, S., & Faradila, R. (2017). Analisis pengaruh investasi terhadap pertumbuhan ekonomi di Indonesia. Jurnal Magister Hukum Udayana, 6(1), 20–35. https://doi.org/10.24843/JMHU.2017.v06.i01.p02
Creswell, J. W., & Creswell, J. D. (2018). Research design: Qualitative, quantitative, and mixed methods approaches (5th ed.). Sage Publications.
Dollar, D., & Kraay, A. (2002). Growth is good for the poor. Journal of Economic Growth, 7(3), 195–225. https://doi.org/10.1023/A:1020139631000
Firdaus, A., & Widodo, W. (2020). Foreign direct investment and poverty reduction: Evidence from Indonesia. International Journal of Economics and Financial Issues, 10(1), 243–248. https://doi.org/10.32479/ijefi.9045
Ghozali, I. (2018). Aplikasi analisis multivariate dengan program IBM SPSS 25. Semarang: Badan Penerbit Universitas Diponegoro.
Gujarati, D. N., & Porter, D. C. (2021). Basic econometrics (6th ed.). New York: McGraw-Hill Education.
Hasanah, U., & Fadly, D. (2020). Peran investasi domestik terhadap pertumbuhan ekonomi Indonesia. Jurnal Ekonomi dan Bisnis, 23(1), 51–63. https://doi.org/10.31106/jeb.v23i1.12069
Kementerian PPN/Bappenas. (2023). Laporan pembangunan ekonomi dan pengurangan kemiskinan Indonesia 2023. Jakarta: Bappenas. https://doi.org/10.32479/bappenas.poverty.2023
Kuncoro, M. (2020). Ekonomika pembangunan: Teori, masalah, dan kebijakan. Jakarta: UPP STIM YKPN.
Li, Q., & Tanna, S. (2019). Foreign direct investment and its impact on productivity in developing countries. Applied Economics Letters, 26(17), 1405–1408. https://doi.org/10.1080/13504851.2018.1528405
Lutfiana, T., & Saputra, M. (2023). The impact of foreign direct investment on Indonesia’s human capital development. Jurnal Sosial dan Ekonomi Pembangunan, 7(2), 134–142. https://doi.org/10.29259/jsep.v7i2.15658
Mutia, F., & Irawan, D. (2023). Does economic growth reduce poverty? Evidence from provinces in Indonesia. Jurnal Ekonomi Pembangunan Indonesia, 4(1), 22–31. https://doi.org/10.32479/jepi.17454
Nguyen, P. T., Pham, H. T., & Vo, D. H. (2020). How do domestic and foreign direct investment affect economic growth? Economic Modelling, 92, 178–193. https://doi.org/10.1016/j.econmod.2020.04.014
Nugroho, S., & Andriyani, Y. (2021). FDI inflows and manufacturing sector productivity in Indonesia. Jurnal Ekonomi dan Pembangunan Indonesia, 21(2), 189–201. https://doi.org/10.21002/jepi.v21i2.12922
Prasetyo, W., & Setyowati, E. (2022). Dampak investasi domestik terhadap penyerapan tenaga kerja di Indonesia. Jurnal Ilmu Ekonomi, 11(3), 107–117. https://doi.org/10.20473/jie.v11i3.34395
Putra, Y. P. (2019). Foreign direct investment and poverty alleviation in Indonesia: Empirical evidence. International Journal of Business and Society, 20(1), 127–143. https://doi.org/10.33736/ijbs.1589.2019
Riyanto, A., & Prasetyo, T. E. (2020). Dampak investasi domestik terhadap pertumbuhan sektor industri pengolahan di Indonesia. Jurnal Ekonomi dan Pembangunan Indonesia, 21(1), 27–38. https://doi.org/10.21002/jepi.v21i1.1226
Rodrik, D. (2020). Straight talk on trade: Ideas for a sane world economy. Princeton: Princeton University Press.
Santosa, D., & Purnamasari, D. (2023). Pengaruh investasi domestik terhadap kemiskinan di Indonesia. Jurnal Ilmu Ekonomi Terapan, 8(1), 1–10. https://doi.org/10.22219/jpet.v8i1.23001
Siregar, E., & Arifin, M. (2021). Multidimensional poverty and inclusive growth in Indonesia. Jurnal Ekonomi dan Kebijakan Pembangunan, 10(1), 15–27. https://doi.org/10.29259/jekp.v10i1.12249
Snyder, H. (2019). Literature review as a research methodology: An overview and guidelines. Journal of Business Research, 104, 333–339. https://doi.org/10.1016/j.jbusres.2019.07.039
Solow, R. M. (1956). A contribution to the theory of economic growth. Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513
Sugiyono. (2019). Metode penelitian kuantitatif, kualitatif, dan R&D. Bandung: Alfabeta.
Sulaiman, C., Abdul-Rahim, A. S., & Chin, L. (2018). Does logistics performance moderate the relationship between investment and growth? Transportation Research Part E: Logistics and Transportation Review, 116, 1–14. https://doi.org/10.1016/j.tre.2018.01.009
Suryana, A., & Nugroho, A. (2022). Analisis pengaruh investasi terhadap pertumbuhan ekonomi di Indonesia. Jurnal Ekonomi Regional, 14(1), 25–33. https://doi.org/10.37716/jer.v14i1.1960
Todaro, M. P., & Smith, S. C. (2020). Economic development (13th ed.). Essex: Pearson Education.
Wahyudi, S. T., & Listyorini, S. (2021). Peran penanaman modal asing dan dalam negeri terhadap pertumbuhan ekonomi daerah di Indonesia. Jurnal Dinamika Ekonomi Pembangunan, 22(2), 145–160. https://doi.org/10.24843/JDE.2021.v22.i02.p01
Wibowo, H., & Lestari, P. (2022). Economic growth and poverty alleviation: Empirical study from Indonesian provinces. Jurnal Pembangunan Ekonomi, 19(2), 98–109. https://doi.org/10.22219/jpe.v19i2.22143
World Bank. (2023). Indonesia economic prospects: Growth amidst global uncertainty. Washington DC: World Bank Group.
Yusuf, A., & Indrayani, H. (2021). Domestic investment and poverty reduction in Indonesia. Jurnal Ekonomi Pembangunan, 22(1), 15–30. https://doi.org/10.22219/jep.v22i1.16238