Analisis Determinan Investasi Portofolio Asing (Studi Komparatif: Indonesia-China)

Lusiana Prastiwi - Universitas Negeri Padang
Idris Idris - Universitas Negeri Padang

Abstract


This research explains about Analysis Determinants Of Foreign Portfolio Investment (Comparative Study : Indonesia - China). This research uses a time series data from year 1986 - 2018, with method  Error Correction Model (ECM). Data sources from World Bank  and Global Rates.  Research  result explain that (1) Long-term  and short economic growth  in Indonesia and China has a significant positive to FPI (2) International interest rate long-term and short-term in Indonesia and China has a insignificant positive effect on FPI (3) Dummy economic crisis long-term in Indonesia increases foreign portofolio investment, but in China  lowers foreign portofolio investment . Meanwhile short-term in Indonesia and China increases investment.

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DOI: http://dx.doi.org/10.24036/jkep.v2i1.8853