The Analysis of Investment, Labor, Exports, Exchange Rate’s Effect toward the Indonesian Economic Growth
Akmal Umar
Sekolah Tinggi Ilmu Manajemen Indonesia (STIMI) Makassar, Indonesia (High School of Management Sciences of Indonesia Makassar, Indonesian)
DOI: https://doi.org/10.20448/journal.500/2016.3.4/500.4.248.255
Keywords: Investment, Labor, Exports, Exchange rate, Economic growth.
Abstract
This study aimed to analyze the effect partially and simultaneously of the investment variable, the labor variable, the export variable, and the rate / value of the rupiahs variable toward the Indonesian economic growth. The whole data used in this research are secondary data from the systematic recording in the form of time series data (time series) in the period of 2007 to 2013 which were obtained from the Central Statistics Agency (BPS) of South Sulawesi Province. Model analysis of the data in this study is using multiple linear regressions with ordinary least squares approach (OLS). The results of this study indicate that in period of 2007 - 2013, the partially variables: Investment has no effect to economic growth; Labor positively and significantly affected to economic growth; Export in this case net-exports a negatively and significantly affected to economic growth; and the rupiahs’ exchange rate has not affected economic growth. And simultaneously variables: Investment, Labor, Exports, Foreign Exchange positively affected to Indonesia's Economic Growth.