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Aris Setiyanto



Foreign direct investment and its controversy: a brief review


04 Desember 2023
From a philosophical and ideological perspective, it seems that the presence of FDI will be more likely to be opposed. They stressed the need for national control over domestic economic activity. Many observers argue that multinational corporations can use their economic power to influence government policies at all levels.
2022_ART_PP_Aris_Setiyanto_02.pdf



The implementation of benford


04 Maret 2022
This study examines the empirical relationship between capital expenditures and economic growth. It examines whether capital expenditures and accountability complement each other to encourage Indonesia"s economic growth throughout 1990-2020. Using the autoregressive distributed lag (ARDL) bounds test, this study finds a cointegrated relationship between capital expenditure and economic growth in Indonesia during this period. In particular, capital expenditures have a negative impact on long-term growth. However, it is interesting that government capital expenditure with accountability shows a positive and significant effect on long-term growth. This demonstrates the importance of government accountability in managing government capital expenditures. This study implies that the government needs to increase accountability for the capital expenditures that have been realized to provide optimal benefits for Indonesia"s economy in the long term.
2021_ART_PP_JURN12.pdf