ANALISIS PRODUK DOMESTIK BRUTO TERHADAP JUMLAH UANG BEREDAR DI ASEAN-5
DOI:
https://doi.org/10.55171/apjms.v10i3.1011Abstrak
This study aims to analyze the an influence of Gross Regional Domestic Product, Foreign Direct Investment (FDI), Inflation and Consumer Price Index (CPI) on the Money Supply in 5 Countries in ASEAN and within a period of 20 years from 2000 to 2019. Methods The analysis in this study uses the panel data method with the analysis model obtained is the ARDL (Autoregressive Distributed Lag) / PMG (Pooled Mean Group) Panel. The results showed that the variables of Gross Domestic Product, FDI, Inflation and CPI had a positive and significant an influence the Money Supply partially in the long run. Meanwhile, in the short term, the Gross Domestic Product variable has a positive and significant an influence on the Money Supply, FDI and CPI have a negative and significant effect on the Money Supply, and Inflation has a positive but not significant an influence on the Money Supply.Referensi
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