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 16
- Downloads 0
Cognitive Styles as A Correlate of Pupils’ academic Achievement in South-East, Nigeria
The study sought to investigate cognitive styles as determinants of academic achievement of pupils in South-East, Nigeria. Four research questions guided the study in line with the specific purposes of the study. The stu...
Determination of Ex-Colonial Buildings as Cultural Heritage Buildings and Means of Protection from Acts of Vandalism
This research aims to examine the establishment of ex-colonial buildings as cultural heritage buildings and efforts to protect cultural heritage buildings from acts of vandalism in Law Number 11 of 2010 concerning Cultur...
The Effect of Teacher Academic Competence and Principal Supervision on the Professional Duties of Teachers Mediated by Work Commitment of Public Elementary School Teachers in Kapuas Timur Sub-Districts
This study aims to describe and analyze the effect of teacher academic competence and principal supervision on the professional duties of teachers mediated by work commitmentThis study uses a quantitative approach with d...
Criminological Perspectives on Crime Persecution Case Study Mario Dandy
Criminal law looks at a crime in more detail. Regarding the abuse case committed by Mario Dandy, the criminal law sees that the factors that caused the crime of persecution that caused serious injury to someone were due...
Leadership of School Principles in Improving School Success (Multi Site Study at SMAN 1 and At SMAN 2 Tanjung)
This study aims to describe and analyze the leadership of the principal at SMAN 1 Tanjung and SMAN 2 Tanjung. This research is a multi-site descriptive qualitative research. Informants in the study consisted of principal...