DETERMINAN PERTUMBUHAN EKONOMI: STUDI EMPIRIS DI NEGARA EMERGING SEVEN TAHUN 2015-2022

Miftachul Ilmia Wachdah, NIM.: 21108010079 (2025) DETERMINAN PERTUMBUHAN EKONOMI: STUDI EMPIRIS DI NEGARA EMERGING SEVEN TAHUN 2015-2022. Skripsi thesis, UIN SUNAN KALIJAGA YOGYAKARTA.

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Abstract

Economic growth is one of the important indicators that must be considered by every country in the world. This is because economic growth is a measure of success in the development and economic development of a country, including the Emerging Seven (E7) countries. This study aims to examine the effect of trade openness, foreign debt, human capital proxied by education and labor force participation rate on economic growth in Emerging Seven (E7) countries. The data used in this study are panel data from seven emerging markets (E7) countries, namely Brazil, China, Indonesia, India, Mexico, Russia and Turkey with a research period of 2015-2022. The analysis technique used in this study is a static panel data analysis using the Random Effect Model (REM) approach. The results showed that the variables of trade openness, foreign debt and labor force participation rate have a positive and significant effect on economic growth. Meanwhile, the human capital variable proxied by education has no effect on economic growth

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