Analysis the Interdependence of Foreign Debt and Economic Growth in Indonesia

Mayani Pratiwi Pasaribu, Muhammad Fitri Rahmadana, Fitrawaty

2018

Abstract

This research is aimed to analyze interdependence of foreign debt on economic growth in Indonesia. Methods used in this research with Vector Autoregression (VAR), by using time series yearly data from 1991 to 2016. Model analysis tools obtained is estimation results obtained, the relationship between the two variables, namely external debt and economic growth have a 2-way relationship or feedback, meaning that both variables affect each other. And based on the results of the unit root test (Unit Roots Test), the relationship between the two variables external debt and economic growth have a relationship stationary at first differences which means that there is a long-term relationship between external debt and economic growth in Indonesia.

Paper Citation

in Harvard Style

Pasaribu M., Rahmadana M. and Fitrawaty. (2018). Analysis the Interdependence of Foreign Debt and Economic Growth in Indonesia.In Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES, ISBN 978-989-758-432-9, pages 643-649. DOI: 10.5220/0009510406430649

in Bibtex Style

@conference{unicees18,
author={Mayani Pratiwi Pasaribu and Muhammad Fitri Rahmadana and Fitrawaty},
title={Analysis the Interdependence of Foreign Debt and Economic Growth in Indonesia},
booktitle={Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,},
year={2018},
pages={643-649},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009510406430649},
isbn={978-989-758-432-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,
TI - Analysis the Interdependence of Foreign Debt and Economic Growth in Indonesia
SN - 978-989-758-432-9
AU - Pasaribu M.
AU - Rahmadana M.
AU - Fitrawaty.
PY - 2018
SP - 643
EP - 649
DO - 10.5220/0009510406430649