Analisis Penanaman Modal Dalam Negeri Dan Penanaman Modal Asing Terhadap Pertumbuhan Ekonomi Provinsi Kalimantan Timur

Abstract

The Indonesian National Capital City (IKN) announcement has the potential for high investment interest in East Kalimantan Province. This paper aims to scientifically examine Domestic Investment, Foreign Investment, and Economic Growth of East Kalimantan Province before and after the announcement of IKN and the effect of Domestic Investment, Foreign Direct Investment on economic growth simultaneously and partially. This study uses a quantitative model with secondary time series data from 2012-2021 to measure before-after IKN using data before from 2012-2018 and data after 2019-2021 obtained from the Central Statistics Agency and the Investment and One-Stop Integrated Services Office of East Kalimantan Province. The analytical method used is multiple linear regression analysis and independent sample t-test. The results showed that the phenomenon of the IKN announcement had a significant effect on Economic Growth and Domestic Investment but had no effect on Foreign Investment. Partially, Domestic Investment has a significant effect on economic growth, while Foreign Investment has insignificant effect on economic growth. Simultaneously, Domestic Investment and Foreign Investment significantly affect economic growth. Therefore, this study recommends several policy implementations to encourage investment