Determinan Investasi Asing Langsung di Indonesia: Analisis Empiris PDB, Stabilitas Politik, dan Rasio Pajak

  • Sabrina Anjani Fakultas Ekonomi dan Bisnis Universitas Jenderal Soedirman
  • Arintoko Arintoko
  • Herman Sambodo
DOI: https://doi.org/10.32424/jle.v5i1.20287

Abstract

Foreign Direct Investment (FDI) plays a strategic role in supporting Indonesia’s economic growth, although its realization tends to fluctuate due to various economic and non-economic factors. This study aims to examine the effects of Gross Domestic Product (GDP), political stability, and the tax ratio on FDI in Indonesia. A quantitative approach is employed using the Error Correction Model (ECM) method, with annual data from 1998 to 2023. The results indicate a long-run relationship among the variables, where the tax ratio and political stability have a positive and significant impact on FDI. In the short run, only political stability shows a positive effect on FDI. These findings highlight the importance of maintaining political stability and implementing supportive fiscal policies to sustainably attract foreign investment.

Published
2026-04-23
How to Cite
ANJANI, Sabrina; ARINTOKO, Arintoko; SAMBODO, Herman. Determinan Investasi Asing Langsung di Indonesia: Analisis Empiris PDB, Stabilitas Politik, dan Rasio Pajak. Lingkar Ekonomika, [S.l.], v. 5, n. 1, p. 22-35, apr. 2026. ISSN 3032-0747. Available at: <https://jos.unsoed.ac.id/index.php/jle/article/view/20287>. Date accessed: 08 may 2026. doi: https://doi.org/10.32424/jle.v5i1.20287.
Citation Formats
Issue
Vol 5 No 1 (2026)
Section
Articles

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