Pengaruh Anggaran Pendapatan dan Belanja Daerah (APBD), Produk Domestik Regional Bruto (PDRB), dan Indeks Pembangunan Manusia (IPM) terhadap Penanaman Modal Asing di 5 Provinsi Wilayah Sumatera Bagian Utara

Abstract

This study has three independent variables used, namely the regional income and expenditure budget (APBD), gross regional domestic product (GRDP), and the human development index (HDI). This study uses a type of Quantitative research with the Regression Panel Data method with a research time period of 2017 to 2021. The data used was obtained from the official website of the Ministry of Finance for Regional Budget data, the data used was obtained from the official website of the Central Statistics Agency (BPS) for Gross Regional Domestic Product data, the Human Development Index, and for data obtained from the official website of the Central Statistics Agency (BPS) for Foreign Direct Investment (FDI). The results showed a simultaneous effect on Foreign Direct Investment in the 5 provinces of the northern Sumatra region. APBD GRDP variables, and HDI used can explain Foreign Direct Investment by 0.560338 or 56.03%. While the remaining 44.97% is explained by other factors.