HUBUNGAN KAUSALITAS INVESTASI, EKSPOR DAN PERTUMBUHAN EKONOMI DI MALUKU

Abstract

Abstract: This study aims to determine the causal relationship of investment and economic growth in the Moluccan. Data analysis method used is the Root Test Unit (Unit Root Test), one form of testing is by using Augmented Dickey-Fuller Test (ADF), Cointegration Test (Cointegration Test), Causality Test (Granger Causality Test). The results showed that there is a causal relationship of investment and exports in the economy of Moluccan. Investment in the economy became driver of economic growth and there is a causality relationship between investment and economic growth, especially on the lag 3. Economic growth affects exports, while exports did not affect the growth of the economy, or in other words the Moluccan economy occurs internally generated export hypothesis.

Keywords: investment, exports, economic growth