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Senin, 07 Januari 2013

Analysis of The Influence of Japanese Foreign Direct Investment Against to the Indonesian Country Advantages

The year 2009 was the year when the global economy had improved, including Indonesia. Economic recovery continues to boost recovery of risk and liquidity of global financial markets. In the global banking sector, the perception of risk also is in a downward trend. Positive developments in the financial markets in developed countries impacted to the financial markets in Asia. That triggered an inflow of foreign capital into regional financial markets, including Indonesia. As a choice of capital sources, foreign direct investment raises a lot of debate. Some authorities argue that FDI is more profitable for home country than the host country. Therefore, this research was conducted to examine the effect of Japanese foreign direct investment againts to the Country Advantages of Indonesia which include taxes, exports and employment.
The theory used in this research is the theory of investment that involves understanding foreign direct investment, theories about overseas investation, the relationship of tax and Foreign Direct Investment, exports and employment as well as several previous studies.
Sampling technique used was purposive sampling criteria (1) Japanese companies in Indonesia are listed on the Indonesian Stock Exchange (BEI) which is always present financial report every year ending December 31 during the observation period (2007-2010). (2) The company must have listed at the beginning of the observation period and not on the delisting until the end of the observation period. (3) The financial statements include the value of investments, taxes, exports and employment. Retrieved sample number as many as 11 companies from 17 companies during the observation period of 4 years. Analytical techniques used are simple regression analysis, a test that includes the classical assumptions of normality and autocorrelation tests and test hypotheses using a t test.
From the analysis shows that Japanese FDI have a sisignificant and positive impact on Indonesian Country Advantages period 2007-2010 at the level of significance less than 5%. Predictive capability of the variable FDI to tax is 12.3%, to export 27% ,to employment 19.6% as indicated by adjusted R square, while the rest is influenced by other factors that are not included in this research model.

(Revi Fariani Paramitha, 2007, Analysis of The Influence of Japanese Foreign Direct Investment Against to the Indonesian Country Advantages, Prof. Dr. Suhadak, M.Ec, Drs. Dwi Atmanto, M. Si, 60 Pages)