The effect of exports, imports, labor, and IHDI on economic growth with investment from China as a moderating variable

Authors

  • Nurul Anggesti Merdayanti Stated Islamic University of Salatiga
  • Anton Bawono State Islamic University of Salatiga

Keywords:

exports, imports, labor, IHDI, investment from China, economic growth

Abstract

This study was conducted to determine the influence of exports, imports, labor, Islamic Human Development Index (IHDI) on economic growth with investment from China as moderation variable. The data of this study is panel data on 33 provinces in Indonesia in the period 2014-2022 from Central Statistics Agency, Central Bank, and Investment Coordinating Board.  Hypothesis testing of this study used regression analysis and Moderated Regression Analysis (MRA) with E-views 9 program. The result of this study shows that partially export had a positive and significant effect on economic growth,while imports, IHDI and investment from China have no significant effect on economic growth. In addition, the result also shows that the investment from China cannot moderate the effect of imports and IHDI on economic growth. There is a need for new regulation in the application of investment from China. So, that they can provide benefits to the Indonesian economy. In this way, it will create prosperity for the community in accordance with the goals of Islam, namely the achievement of falah.

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Published

2024-01-16