Analysis of Institutional Factors, Inflation, and Unemployment on the Economic Growth of ASEAN Countries

DOI

10.2991/978-94-6463-400-6_40How to use a DOI?

Keywords

Economic Growth; Corruption; Political Stability; Inflation; Unemployment; Covid-19 Pandemic Dummy Variable

Abstract

This research aims to determine the influence of corruption, political stability, inflation and unemployment on economic growth in nine ASEAN countries. Apart from that, this research analyzes differences in economic growth in nine ASEAN countries before and after the Covid-19 pandemic. The data used in this research is quantitative secondary data in the form of numbers obtained from the World Bank and Transparency International. The data used in this research is a combination of time series and cross section data or panel data from 2010 to 2021, namely data on GDP per capita, Corruption Perception Index, inflation and unemployment. The Covid-19 pandemic is a dummy variable where data before the pandemic is categorized as 0 and data after the pandemic is categorized as 1. The analysis method used is the panel data regression method. The results of this research show that the corruption and inflation variables have a negative and significant effect on economic growth, the stability variable has a positive and significant effect on economic growth. The unemployment variable has no effect on economic growth. The results of this research also show that there are differences in economic growth before and after the Covid-19 pandemic.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Anas Iswanto Anwar
AU  - Mirzalina Zaenal
AU  - Yusuf Jeksen
PY  - 2024
DA  - 2024/05/22
TI  - Analysis of Institutional Factors, Inflation, and Unemployment on the Economic Growth of ASEAN Countries
BT  - Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)
PB  - Atlantis Press
SP  - 529
EP  - 541
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-400-6_40
DO  - 10.2991/978-94-6463-400-6_40
ID  - Anwar2024
ER  -