Darmawan, Arif and marselina, marselina (2023) Identify The Effect Of Trade Openness, Government Spending and Labor Force on Economic Growth in ASEAN Countries. Equity: Jurnal Ekonomi, 11 (1). ISSN 1978-3795

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Abstract

As a result of globalization, countries in the world are required to expand the scope of their economic activities. Trade openness is critical to the globalization of international trade barriers, as tariff and non-tariff barriers diminish. Trade openness is a contributing factor to the growth of both developed and developing countries. Openness of trade can provide opportunities for each country to export goods whose factors of production use abundant resources and import goods whose production will be expensive if produced domestically. The purpose of this study is to determine trade openness, government spending and the workforce on economic growth. Eight ASEAN members were included in the sample study for the period 2015 to 2020: Indonesia, Malaysia, Brunei Darussalam, Thailand, Singapore, Vietnam, Philippines and Myanmar. In panel regression, the Fixed Effect Model is used to determine how trade openness, government spending and the labor force affect economic growth. Both labor force and trade openness variables have a positive and significant effect on economic growth, while the government spending variable has a negative and significant effect on economic growth.

Item Type:	Article
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HJ Public Finance
Divisions:	Fakultas Ekonomi dan Bisnis (FEB) > Prodi Ekonomi Pembangunan
Depositing User:	Arif Darmawan
Date Deposited:	25 Jul 2023 08:04
Last Modified:	25 Jul 2023 08:04
URI:	http://repository.lppm.unila.ac.id/id/eprint/52300

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