The Relationship between COVID-19 Pandemic, Foreign Direct Investment, and Gross Domestic Product in Indonesia

被引:5
|
作者
Syarifuddin, Ferry [1 ]
Setiawan, Maman [2 ]
机构
[1] Bank Indonesia, Gedung D Lantai 10,Jln MH Thamrin 2, Jakarta 10350, Indonesia
[2] Univ Padjadjaran, Fac Econ & Business, Dept Econ, Bandung 40132, Indonesia
关键词
foreign direct investment; COVID-19; pandemic; gross domestic product; local projection estimation; panel vector autoregression; ECONOMIC-GROWTH EVIDENCE; PANEL-DATA; TESTS; FDI; COINTEGRATION;
D O I
10.3390/su14052786
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This research investigates the impact of the COVID-19 pandemic on foreign direct investment. This research also studies the impact of the COVID-19 pandemic on the relationship between foreign direct investment (FDI) and the gross domestic product (GDP). This research employs a local projection estimation to calculate the effect of the COVID-19 pandemic on foreign direct investment. The panel vector autoregression is applied to estimate the impact of the COVID-19 pandemic on the relationship between FDI and GDP. This research finds variations in the impacts of the COVID-19 pandemic on FDI among economic sectors in Indonesia. Moreover, the relationship between FDI and GDP is affected by the COVID-19 pandemic.
引用
收藏
页数:16
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