ANALISIS DETERMINAN PENENTU PENANAMAN MODAL ASING DI INDONESIA PERIODE 1980-2007

Investment as one of crucial production factor, play a big role in increasing production as shown through economic growth. In other words, investment becomes a shift variable or loco of national economic activities. During in 1980 until 2007, the investment both domestic investment (PMDN) and foreign direct investment (PMA) has grown rapidly. This investment growth especially PMA, besides supported non economic factor i.e by regulation and debureaucratisation which has done by the government, the demand to the invest their capital is determined economic factor especially macroeconomics variabel. Macroeconomics factor that influence PMA in Indoenesia i.e Gross Domestic Product, Labour (proxy with labour productivity), interest rate, and exchange rate. By using regression analysis with error correction model (ECM), this study will explore the influence of several macroeconomics variable on PMA in Indonesia during 1980 until 200