The Effect of Monetary Variables on Economic Growth in Developing Countries in Asia
Journal Title: International Journal of Social Science And Human Research - Year 2024, Vol 7, Issue 12
Abstract
This study aims to analyze and determine the Influence of Monetary Variables on the Economic Growth of Developing Countries in Asia in 2019-2023. This study uses a quantitative approach with secondary data. The analysis technique in this study uses panel data regression by selecting the Fixed Effect Model (FEM), Random Effect Model (REM), and Commond Effect Model (CEM) approaches. The results of the study partially show that the Money Supply and Foreign Direct Investment (FDI) have a positive and significant effect on the Economic Growth of Developing Countries in Asia, this is in line with the theory that if there is an increase in the Money Supply and Foreign Direct Investment (FDI), it will increase the Economic Growth of Developing Countries in Asia. Interest rates partially have a positive and insignificant effect on the Economic Growth of Developing Countries in Asia. Inflation partially has a negative and insignificant effect on the Economic Growth of Developing Countries in Asia. The results of the study simultaneously show that the Money Supply, Interest Rates, Inflation and Foreign Direct Investment (FDI) have a positive and significant effect on the Economic Growth of Developing Countries in Asia.
Authors and Affiliations
Putri Afrida Prasasti, D Valeriani, Misbahul Munir
Keywords
Related Articles
- EP ID EP754025
- DOI 10.47191/ijsshr/v7-i12-79
- Views 7
- Downloads 0
Taboo in Momandalo Tadulahu (Parenting towards Young Women) Tradition in Gorontalo, Indonesia
The present study seeks to explore taboo in parenting tradition to young women in Gorontalo. It employed a qualitative approach that relied on primary and secondary data. The results highlight that the parenting traditio...
How Culture Affecting English - Vietnamese Book Translation
Translation plays an integral part in both Vietnamese literature and spiritual life. However, to reach well-translated works and documents, translators have to face many difficulties in handling cultural implications. Th...
The Relevance of the Curriculum of Vocational High School (SMK) In Machining Engineering to the Needs of the Industrial Workforce in The Yogyakarta
This study aims to: (1) Analyze the core competencies of the 2013 Curriculum in Mechanical Engineering taught at vocational schools (SMK), (2) Analyze the competency requirements of the workforce in the industry, (3) Com...
Discourse on Gayo through Historical Narration: Linge Kingdom, Loyang Mendale, and Loyang Ujung Karang
The construction of an understanding of Gayo is greatly influenced by how the discourse on Gayo is produced. Discourse about Gayo can only be traced through historical texts that document various narrations about Gayo. T...
The Role of Time Budget Pressure in Moderating the Influence of Independence and Competence on Audit Quality in Bali Regional Public Accounting Firms
Study this aim for analyze the influence of auditor independence and competence on audit quality with Time Budget Pressure as a moderating variable in the Bali region. This research is a quantitative research using surve...