Document Type
Article
Abstract
This research analyzes the impact of the international trade and the foreign investment on the efficiency of the host country. We apply two consecutive steps on the 5 ASEAN member countries data during the period of 1995 - 2005.The first step is the estimation of the frontier model, using the Stochastic Frontier Analysis (SFA). The second step is the estimation of inefficiency determinacy model, covering the impact of the Foreign Direct Investment (FDI), Foreign Portfolio Investment (FPI), Other Foreign Investment (OFI), Human Development Index (HDI) and the Financial Market Development (FMD). Our result shows the international trade, FMD and the 3 forms of the foreign investment are significantly affect the economic efficiency.Keywords:Efficiency, Foreign investment, Stochastic Frointier Analysis, international trade, ASEAN.JEL Classification: F14, F15
Recommended Citation
Afin, Rifai; Yulistiono, Herry; and Oktarani, Nur Alfillail
(2008)
"PERDAGANGAN INTERNASIONAL, INVESTASI ASING, DAN EFISIENSI PEREKONOMIAN NEGARA-NEGARA ASEAN,"
Bulletin of Monetary Economics and Banking: Vol. 10:
No.
3, Article 2.
DOI: https://doi.org/10.21098/bemp.v10i3.226
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol10/iss3/2
First Page
261
Last Page
296
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
Indonesia
Affiliation
Trunojoyo University
