This research aims to determine and analyze the influence of economic openness on economic growth in Indonesia. This research uses time series data from 1993-2023 sourced from the Central Statistics Agency, Bank Indonesia, Bank International For Settlements, and World Bank. The results of the study reveal that (1) trade openness has a negative and significant effect on economic growth in Indonesia, (2) Foreign Investment and the real exchange rate have a positive effect, (3) The real exchange rate has a negative and insignificant effect on economic growth in Indonesia.
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Zebua et al. (2024) studied this question.
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