THE IMPACT OF REMITTANCES AND MACROECONOMICS VARIABLES ON ECONOMIC GROWTH: EVIDENCE FROM ASEAN IN PERIOD 2008-2022

M Gilang Maulana Muharromi, NIM.: 16810016 (2023) THE IMPACT OF REMITTANCES AND MACROECONOMICS VARIABLES ON ECONOMIC GROWTH: EVIDENCE FROM ASEAN IN PERIOD 2008-2022. Skripsi thesis, UIN SUNAN KALIJAGA YOGYAKARTA.

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Abstract

This study explains the impact of remittances, total population, exports, and foreign direct investment on economic growth (GDP) in 5 Asean countries, namely Indonesia, Malaysia, Thailand, the Philippines and Vietnam in 2008 to 2022. Remittances are a variable important in increasing economic growth. Total population, exports, and foreign direct investment are control variables in looking at economic growth. This study uses quantitative methods and secondary data by collecting data through the world bank. This study uses panel data regression with the best model approach, namely the Fixed Effect Model (FEM), to find out how the impact of the independent variables on the dependent variable (GDP). Based on the results of the F test obtained, it shows that in general the independent variables have a significant positive impact on the dependent variable. Meanwhile, the results of the T test show that the variables of remittance, total population, and exports have a positive and significant impact on economic growth (GDP). In the independent variable foreign direct investment (FDI) has a negative impact on economic growth.

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