Effect Of Budget Deficit, Government expenditure and Foreign Direct Investment on Evonomics Growth ASEAN
DOI:
https://doi.org/10.52062/keuda.v9i3.3111Abstract
This study aims to analyze the effect of budget deficit, government spending and foreign direct
investment on ASEAN economic growth in 2012-2021. The data used in this research is
secondary data in the form of panel data from 2012-2021, sourced from the World Bank and
Countryeconomy. In this study using a quantitative approach to panel data regression analysis.
The results of this study indicate that the budget deficit variable has a positive but not significant
effect on economic growth, the government expenditure variable has a significant positive effect
on economic growth and foreign direct investment has a significant positive effect on economic
growth in ASEAN countries in 2012-2021.
Keywords: Budget Deficit, Government Expenditure, Foreign Direct Investment
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