Published: 2026-06-01
Analisis Pengaruh PDRB Infrastruktur Jalan dan Ekspor Terhadap Investasi Asing di Indonesia Studi Kasus 34 Provinsi di Indonesia Tahun 2020-2024
DOI: 10.35870/jemsi.v12i3.6973
Abstract
Analysis of the Effect of GRDP, Road Infrastructure, and Exports on Foreign Investment in 34 Provinces in Indonesia in 2020–2024”. This study aims to analyze and identify the effect of Gross Regional Domestic Product (GRDP), road infrastructure, and exports on foreign direct investment (FDI) in Indonesia at the provincial level. The research method used is a quantitative approach with secondary data obtained from the Central Statistics Agency (BPS) and related agencies. The data used is panel data, namely a combination of time series data for 2020–2024 and a cross section of 34 provinces in Indonesia. The analysis technique used is panel data regression with the Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM) approaches, and model selection tests are carried out through the Chow test, Hausman test, and Lagrange Multiplier (LM) test. In addition, classical assumption tests and hypothesis tests are also carried out to ensure the validity of the research results. The results show that GRDP, road infrastructure, and exports have different effects on foreign investment in Indonesia, both partially and simultaneously, depending on the characteristics of each province. This finding indicates that improvements in economic indicators are not always followed by consistent increases in foreign investment in each region.
Keywords
GRDP; Road Infrastructure; Exports; Foreign Investment; Panel Data
Article Information
This article has been peer-reviewed and published in the JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi). The content is available under the terms of the Creative Commons Attribution 4.0 International License.
-
Issue: Vol. 12 No. 3 (2026)
-
Section: Articles
-
Published: 2026-06-01
-
License: CC BY 4.0
-
Copyright: © 2026 Authors
-
DOI: 10.35870/jemsi.v12i3.6973
AI Research Hub
This article is indexed and available through various AI-powered research tools and citation platforms. Our AI Research Hub ensures that scholarly work is discoverable, accessible, and easily integrated into the global research ecosystem.
Tanzil Ariansyah, Universitas Jambi
Program Studi Ekonomi Pembangunan, Universitas Jambi, Indonesia.
Siti Hodijah, Universitas Jambi
Program Studi Ekonomi Pembangunan, Universitas Jambi, Indonesia.
-
Alya Jihannisa. (2024). Pengaruh PDRB, infrastruktur, tenaga kerja, upah minimum, dan IPM terhadap investasi asing sektor transportasi, gudang dan telekomunikasi (Studi pada 10 kabupaten/kota di Jawa Barat tahun 2018-2022).
-
Andriani, V., Muljaningsih, S., & Asmara, K. (2021). Analisis pengaruh penanaman modal asing, ekspor, utang luar negeri, dan tingkat inflasi terhadap produk domestik bruto Indonesia. Jurnal Ekonomi Pembangunan, 10(2).
-
Ari Mulianta Ginting. (2017). Analisis pengaruh ekspor terhadap pertumbuhan ekonomi Indonesia. Buletin Ilmiah Litbang Perdagangan, 11(1). https://doi.org/10.30908/bilp.v11i1.185.
-
Bagus, I., Putra Manuaba, R., Ayu, I., & Saskara, N. (2022). Analisis pengaruh pembangunan infrastruktur terhadap penanaman modal asing langsung di wilayah Indonesia.
-
Benzaim, S., Ftiti, Z., Khedhaouria, A., & Djermane, R. (2021). US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries. Journal of Risk and Financial Management, 14(4). https://doi.org/10.3390/jrfm14040146.
-
Bintoro, C. S. (2022). Analisis faktor-faktor yang mempengaruhi investasi asing langsung di Indonesia. Jurnal Economina, 1(3).
-
Didit P, I. A. (2005). Studi tentang penanaman modal di Indonesia.
-
Frederica, & Juwita, R. (2014). Pengaruh UMP, ekspor, dan kurs dollar terhadap investasi asing langsung di Indonesia periode 2007-2012.
-
Fuad, O. S. R. S. M. (2024). Penerapan regulasi investasi asing di Indonesia sebelum dan setelah Undang-Undang Cipta Kerja.
-
Haryadi, S., & Hodijah, J. (2024). Analysis of the influence of digital literacy, government policy, and infrastructure on coffee productivity in Kerinci Regency. Jurnal Agribisnis dan Agrowisata, 6(1). https://doi.org/10.37046/jaj.v6i1.32913.
-
Himannudin, Ratih, & Murwiati. (2022). Faktor-faktor yang mempengaruhi produk domestik bruto di Asia Tenggara. Jurnal Riset Ekonomi dan Investasi, Unmer Malang.
-
Hodijah, S. (2015). Analisis penanaman modal asing di Indonesia dan pengaruhnya terhadap nilai tukar rupiah. Jurnal Paradigma Ekonomika, 10(2).
-
Joshua, U., Babatunde, D., & Sarkodie, S. A. (2021). Sustaining economic growth in Sub-Saharan Africa: Do FDI inflows and external debt count? Journal of Risk and Financial Management, 14(4). https://doi.org/10.3390/jrfm14040146.
-
Khairani, A. M., et al. (2024). Perbandingan teoretis keunggulan absolut dan keunggulan komparatif: Implikasi bagi kebijakan perdagangan internasional.
-
Meivitawanli, B. (2021). Determinants of foreign direct investment: Evidence from provincial level data in Indonesia. Journal of Asian Finance, Economics and Business, 8(5), 53–60. https://doi.org/10.13106/jafeb.2021.vol8.no5.0053.
-
Pratiwi Sonia, T. M. (2019). Analisis pengaruh infrastruktur ekonomi dan upah terhadap penanaman modal asing di Pulau Sumatera.
-
Ritonga, R. K., & Syafri. (2023). Pengaruh kualitas institusi dan kinerja makroekonomi terhadap arus masuk FDI di Indonesia. Jurnal Ekonomi Trisakti, 3(2), 2621–2632. https://doi.org/10.25105/jet.v3i2.16547.
-
Saadah, & Verdania, D. (2023). Analisis investasi infrastruktur sektor transportasi di Indonesia berdasarkan sumber pembiayaan. Jurnal Ekuilnomi, 5(2), 416–424. https://doi.org/10.36985/ekuilnomi.v5i2.792.
-
Wage, S. (2020). Faktor-faktor yang mempengaruhi investasi asing langsung di Indonesia. Jurnal Akuntansi Barelang, 5(1).
-
Zamzami, M. A. D. S. (2020). Analisis pengaruh infrastruktur, tingkat upah, dan pertumbuhan ekonomi terhadap penanaman modal asing di Provinsi Jambi. E-Jurnal Perspektif Ekonomi dan Pembangunan Daerah, 9.
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.