Fachrulloh, Nizar Eko (2018) Analisis Determinan Foreign Direct Investment di Negara Emerging Market Asia Periode 2011-2015. Sarjana thesis, Universitas Brawijaya.
Abstract
Penelitian ini bertujuan untuk menyelidiki faktor-faktor penentu (determinan) FDI di emerging market Asia periode 2011-2015. Model determinan FDI yang dirumuskan terbagi menjadi tiga kelompok dengan tujuh variabel independen yaitu Economic Conditions (Market Size dan Trade Opennes); Host Country Characteristics (Tax Rate, Interest Rate dan Infrastructure) dan MNE Strategies (Political Risk dan Human Capital). Jenis penelitian yang digunakan adalah explanatory research dengan pendekatan kuantitatif. Data panel yang digunakan adalah sembilan negara emerging market yaitu: China, India, Indonesia, Korea Selatan, Malaysia, Pakistan, Filipina, Taiwan dan Thailand berdasarkan teknik purposive sampling. Metode analisis yang digunakan adalah regresi data panel model fixed effect. Hasil penelitian menunjukkan bahwa secara simultan, model determinan FDI berpengaruh signifikan terhadap masuknya FDI ke emerging market Asia dengan nilai F hitung > F tabel (70,67366 > 2,27) dan Adjusted R2 sebesar 0,96. Sedangkan secara parsial, variabel market size berpengaruh positif dan signifikan terhadap FDI dengan t hitung > t tabel (8.860395 > 1,687). Trade openness memiliki pengaruh positif dan signifikan terhadap FDI dengan nilai. t hitung sebesar 3.895385. Tax Rate memiliki pengaruh negatif sebagai faktor determinan penghambat arus masuk FDI karena nilai t hitung sebesar -5.857312. Interest Rate tidak memiliki pengaruh yang signifikan sebagai determinan FDI karena nilai t hitung < t tabel (1.502264 < 1,687). Infrastructure memiliki pengaruh positif dalam menjelaskan arus masuk FDI karena nilai t hitung sebesar 2.226263. Political risk tidak memiliki pengaruh signifikan terhadap FDI karena nilai t hitung sebesar 0.093589. Human Capital tidak memiliki pengaruh signifikan terhadap FDI karena nilai t hitung sebesar 0.038785. Berdasarkan hasil penelitian ini dapat ditarik kesimpulan bahwa kerangka model determinan FDI yang dirumuskan mampu menjelaskan arus masuk FDI di emerging market Asia. Dari ketiga kelompok determinan FDI, MNE Strategies merupakan model yang paling lemah dalam menjelaskan FDI karena kedua variabelnya tidak berpengaruh signifikan terhadap FDI.
English Abstract
This study aims to investigate the determinants of FDI in Asian emerging market period 2011-2015. The framework of determinant FDI was formulated into three groups with seven independent variables, ie Economic Conditions (Market Size and Trade Opennes); Host Country Characteristics (Tax Rate, Interest Rate and Infrastructure) and MNE Strategies (Political Risk and Human Capital). The type of research used is explanatory research with quantitative approach. The panel data used are nine emerging market countries: China, India, Indonesia, South Korea, Malaysia, Pakistan, Philippines, Taiwan and Thailand based on purposive sampling technique. The method of analysis used is panel data regression with fixed effect estimation. The results showed that simultaneously, the framework of determinant FDI significantly influenced the entry of FDI into Asian emerging markets with Fstat > Ftable (70,67366> 2,27) and Adjusted R2 of 0.96. While partially, Market Size variable has a positive and significant effect on FDI with tstat > ttable (8.860395> 1.687). Trade Openness has a positive and significant influence on FDI with value tstat of 3.895385. Tax Rate has a negative influence as a determinant factor inhibiting FDI inflows because the value of tstat of -5.857312. Interest Rate does not has a significant influence as the determinant of FDI because the value of tstat <ttable (1.502264 < 1.687). Infrastructure has a positive influence in explaining the inflow of FDI because the value of tstat of 2.226263. Political Risk has no significant influence on FDI because the value of tstat is 0.093589. Human Capital does not has a significant influence on FDI because the value of tstat 0.038785. Based on result of this study could be inferenced that the framework of determinant FDI which has formulated be able to explain the inflow of FDI in Asian emerging markets. Of the three groups of determinants, MNE Strategies is the weakest model in explaining the inflows of FDI because the two variables have no significant influence to FDI
| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FIA/2017/1353/051804435 |
| Uncontrolled Keywords: | Determinan FDI, Emerging Market, MNE Strategies |
| Subjects: | 300 Social sciences > 332 Financial economics > 332.6 Investment |
| Divisions: | Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga |
| Depositing User: | soegeng sugeng |
| Date Deposited: | 24 Jul 2019 06:53 |
| Last Modified: | 25 Oct 2021 04:31 |
| URI: | http://repository.ub.ac.id/id/eprint/165624 |
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