| dc.description.abstract | Foreign elements significantly influence the socio-economic progress of each nation, with
foreign direct investment (FDI), gross fixed capital formation, labor force, exports of goods and
services, and inflation being paramount in underdeveloped and developing countries. This study
seeks to scrutinize the correlation between FDI, gross fixed capital formation, labor force,
exports of goods and services, inflation, and the economic growth of Southeast Asian Countries
(real GDP growth rate). To achieve this, macroeconomic annual secondary time-series data
from 2008 to 2022 was utilized to assess the empirical impact of these factors on economic
growth. The data was sourced from the World Bank and pertinent agencies. FDI, gross fixed
capital formation, labor force, exports of goods and services, and inflation are regarded as
endogenous variables for economic growth, with the study employing multiple regressions for
analysis. | en_US |
