Analysis of Foreign Direct Investment Effect on Industry Energy Consumption in Indonesia

Author(s)

Dr. Siti Rahmi Utami , Tjipto Juwono, Ph.D , Erika Fransisca , Nefie Septia Primanis , M. Nur Ikhsan Mubaarak ,

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Volume 8 - January 2019 (01)

Abstract

his study aims to analyze the effect of Foreign Direct Investment on Indonesia’s industrial energy consumption during the year of 2000-2013. This study uses regression analysis to examine its effect. The results show that Foreign Direct Investment has an insignificant negative effect on the level of Indonesia’s industrial energy consumption in 2000-2013. The R Square value which is 0.891 implies that 89.1% changes in industrial energy consumption variable can be explained by the Foreign Direct Investment.

Keywords

Foreign Direct Investment, Energy Consumption, Industry Sector

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