ANALISIS MODEL PERTUMBUHAN EKONOMI SOLOW PADA NEGARA ASEAN-5

This study aims to determine the effect of foreign direct investment, labor, and technology on ASEAN-5 countries. In this study, economic growth in ASEAN-5 is the problem to be studied. The method used in this study is secondary data, namely by using the panel data method (cross section) and (time series). The period in this analysis is 2015-2022 and 5 countries in Southeast Asia. The results of the study show that simultaneously the three variables have a significant effect on economic growth in ASEAN-5 countries. While partially the labor variable, namely (X2) has a negative and significant effect on economic growth. while the foreign direct investment variable, namely (X1) has a positive and significant effect on economic growth. and the technology variable, namely (X3) has a positive and significant effect on economic growth in ASEAN-5.