Overview

Original Research

THE EFFECT OF DOMESTIC INVESTMENT (DI) AND FOREIGN INVESTMENT (FDI) ON ECONOMIC GROWTH IN NORTH SULAWESI PROVINCE

AGNES LUTHERANI CH.P. LAPIAN 1, EEN NOVRITHA WALEWANGKO 2, and MARYAM MANGANTAR 3.

Vol 17, No 07 ( 2022 )   |  DOI: 10.5281/zenodo.6836024   |   Author Affiliation: Department of Development Economics, Faculty of Economics and Business,Sam Ratulangi University, Manado 95115, Indonesia 1,2; Department of Management, Faculty of Economic and Business Universitas Sam Ratulangi, Manado 3.   |   Licensing: CC 4.0   |   Pg no: 1-10   |   To cite: AGNES LUTHERANI CH.P. LAPIAN, et al., (2022). THE EFFECT OF DOMESTIC INVESTMENT (DI) AND FOREIGN INVESTMENT (FDI) ON ECONOMIC GROWTH IN NORTH SULAWESI PROVINCE. 17(07), 1–10. https://doi.org/10.5281/zenodo.6836024   |   Published on: 02-07-2022

Abstract

Economic growth is the development of activities in the economy that causes goods produced in society to increase. In each period a society will increase its ability to produce goods and services. Investments of the past that will increase the capital goods and producing capacity of the present. In addition, investment is followed by technological developments in the means of production and accelerating production capabilities. Various countries are not always able to achieve economic growth in accordance with the development of the production capacity possessed by the increasing factors of production. This study aims to determine the effect of Domestic Investment and Foreign Investment on Economic Growth in North Sulawesi Province. The analytical method used is multiple linear regression analysis. The results of the study show that domestic investment and foreign investment either simultaneously or partially have no significant effect on economic growth in the province of North Sulawesi. It is recommended that the North Sulawesi Provincial Government pay more attention to the factors of domestic investment and foreign investment so that it can contribute more to economic growth, especially in North Sulawesi. domestic investment and foreign investment in North Sulawesi so that the research results can better describe the actual conditions over the long term. It is recommended that the North Sulawesi Provincial Government pay more attention to the factors of domestic investment and foreign investment so that it can contribute more to economic growth, especially in North Sulawesi. domestic investment and foreign investment in North Sulawesi so that the research results can better describe the actual conditions over the long term. It is recommended that the North Sulawesi Provincial Government pay more attention to the factors of domestic investment and foreign investment so that it can contribute more to economic growth, especially in North Sulawesi. domestic investment and foreign investment in North Sulawesi so that the research results can better describe the actual conditions over the long term.

Keywords

Investment, PMA, PMDN, Economic Growth, North Sulawesi