Analysis of Factors Affecting Foreign Direct Investment (FDI) in ASEAN (Lower Middle Income) Plus Three: Market Seeking, Resource Seeking or Efficiency Seeking?

DOI

10.2991/aebmr.k.220702.067How to use a DOI?

Keywords

FDI; GDP; Population; Labor Force; ICT; Trade Openness; Inflation

Abstract

This study aims to identify and analyse the factors that influence foreign direct investment (FDI) in ASEAN (lower middle income) plus three: market seeking, resource seeking or efficiency seeking in 2011-2019. The type of research used is descriptive and associative. The type of data used is secondary data. This study uses the Fixed Effect Model (F EM) approach. The results of this study indicate that: (1) Based on the results of research conducted, it shows that GDP (X1) has a negative and significant effect on foreign direct investment (FDI) (Y) in ASEAN (lower middle income) plus three. (2) Based on the results of the study population (X2) has a negative effect on foreign direct investment (FDI) (Y) in ASEAN (lower middle income) plus three. (3) Based on the research equations show force k Gov or to the Labour Force (X3) positive effect on foreign direct investment (FDI) (Y)) in ASEAN (lower middle income) plus three. (4) Based on the results of research on Information and Communication Technology (ICT) shows (X4) has a positive effect on foreign direct investment (FDI) (Y) in ASEAN (lower middle income) plus three. (5) Trade Openness has a significant positive effect on the five ASEAN countries (Lower Middle Income) Plus Three. (6) Inflation has a significant negative effect on FDI in the five ASEAN countries International economic growth represents a rapid transition towards an increasingly global economic system. The development of the world economy is marked by the increasing integration of the domestic economy and international economic activities. An increasingly integrated economy has made it easier for global financial markets to trade in goods, services and capital flows between countries and form associations of countries in certain regions. The purpose of this association is to create economic strength to encourage the movement of economic activity in facing the world economy. (Lower Middle Income) Plus Three.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Febria Maibetly
AU  - Idris Idris
PY  - 2022
DA  - 2022/07/21
TI  - Analysis of Factors Affecting Foreign Direct Investment (FDI) in ASEAN (Lower Middle Income) Plus Three: Market Seeking, Resource Seeking or Efficiency Seeking?
BT  - Proceedings of the Eighth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-8 2021)
PB  - Atlantis Press
SP  - 441
EP  - 450
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220702.067
DO  - 10.2991/aebmr.k.220702.067
ID  - Maibetly2022
ER  -