PENGARUH NET EKSPOR, INVESTASI DAN EFEKTIVITAS BELANJA PEMERINTAH DAERAH TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA TAHUN 2015-2020

This study aims to find out how the effect of net exports, investment, and regional spending on economic growth in Indonesia in the 2015-2020 period. This type of research is descriptive quantitative using secondary data. This study uses panel data regression analysis. The analysis was carried out using Microsoft Excel 2013 and Stata 14 programs. The analytical tests used were the classical assumption test, panel data regression, and hypothesis testing. Based on the classical assumption test results, the research data meets the requirements to use the panel data regression equation model. The study’s results through the t-test show that the variables of net exports, investment, and regional spending partially have a positive and significant effect on economic growth. The results of the F test showed that the independent variables, namely net exports, investment, and regional spending simultaneously or jointly have a significant effect on economic growth in 34 Indonesian Provinces in the 2015-2020 period. The determination test (R2) results of economic growth in Indonesia are 0.9281 or 92.81%. This can show the relationship of the independent variables, namely net exports, investment, regional spending can explain the dependent variable economic growth of 92.81% while the remaining 7.19% can be explained by other variables.