PENERAPAN AUTOREGRESSIVE DISTRIBUTED LAG DALAM MEMODELKAN PENGARUH INFLASI, PERTUMBUHAN EKONOMI, DAN FDI TERHADAP PENGANGGURAN DI INDONESIA

Main Author: Jumhur, Jumhur
Format: Article info application/pdf eJournal
Bahasa: eng
Terbitan: Fakultas Ekonomi dan Bisnis, UNTAN , 2020
Subjects:
Online Access: http://jurnal.untan.ac.id/index.php/JJ/article/view/41332
http://jurnal.untan.ac.id/index.php/JJ/article/view/41332/pdf
http://jurnal.untan.ac.id/index.php/JJ/article/downloadSuppFile/41332/4497
Daftar Isi:
  • This study aims to examine the effect of inflation, economic growth, and foreign investment on unemployment in Indonesia. Using the autoregressive distributed lag (ARDL) analysis method to analyze the 1991-2018 time series data collected from the World Bank's World Development Indicators database. The results found that inflation has a negative and significant effect in the short term but not significant in the long term in Indonesia. Economic growth has a negative and significant effect on both short and long-term unemployment in Indonesia, and foreign investment has a negative and significant effect on both short and long-term unemployment in Indonesia. Through the ARDL model, this research is able to prove that inflation, economic growth, foreign investment, and budgeting are proven to have long-term cointegration or move together in the long term. The four variables also have a dynamic short-term relationship that has a fairly high speed of adjustment towards equilibrium per year. Based on the results, policymakers, in this case the government must provide a conducive investment environment by eliminating the structural rigidity that exists in the economy to attract investment, both foreign and domestic investment, to encourage economic growth and create jobs in Indonesia.