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Research Article | Volume 2 Issue 2 (July-Dec, 2021)
Does Population, FDI, Inflation and Net Exports give impacts on Economic Growth and Public Welfare in ASEAN? A path analysis
Under a Creative Commons license
Open Access
Published
Dec. 31, 2021
Abstract
This study was conducted to examine the effect of population, FDI, inflation and net exports on economic growth (Y) and public welfare (HDI) in 10 ASEAN member countries during 2010-2019. Using panel data regression, it was found that population, net exports and economic growth had a significant effect on HDI. It is also through path analysis that all dependent variables have an indirect effect on HDI, through the mediating variable, namely economic growth.
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