Analysis of the Impact of Economic Growth on the Realization of Foreign Investment and Domestic Investment in Indonesia in 2017-2021

This research is based on the fluctuating conditions of Indonesia's economic growth (based on 2017–2021 GRDP data) and the crucial role of investment as a driver of national development. The main objective is to analyze and empirically test the effect of the realization of Foreign Investment (PMA) and Domestic Investment (PMDN), both partially and simultaneously, on Economic Growth in Indonesia during that period. The quantitative method used is the Panel Data Regression approach, combining time series and cross-section data from 34 provinces. Panel data analysis is processed using Eviews for testing the t-test (partial) and F-test (simultaneous). The main hypothesized findings indicate that partially, PMDN has a significant positive effect, while FMA is hypothesized to have a negative effect. However, simultaneously, both investment variables are collectively predicted to provide a positive and significant contribution to the acceleration of Economic Growth in Indonesia.