Open AccessAn Analysis of the Monetary Transmission Mechanism of M&A, Greenfield FDI, Domestic Investment, and GDP Per Capita Growth: The Structural Vector Correction Model in Indonesia
Author(s) -
Albert Hasudungan,
Andrey Hasiholan Pulungan
Publication year - 2021
Publication title -
international journal of business and economic siences applied research
Language(s) - English
Resource type - Journals
eISSN - 2408-0101
pISSN - 2408-0098
DOI - 10.25103/ijbesar.142.03
Subject(s) - foreign direct investment , gross domestic product , per capita , economics , international economics , investment (military) , monetary economics , gross private domestic investment , international trade , real gross domestic product , macroeconomics , return on investment , production (economics) , open ended investment company , population , demography , sociology , politics , political science , law
Purpose: The study aims to evaluate the different implications of mergers and acquisitions (M&A) and Greenfield foreign direct investment in the transmission mechanism effects on the growth of gross domestic product per capita (GDP per capita) in Indonesia. The origin of the study stems from past academic debates that contested whether Greenfield FDI or M&A bear more effect on the economic growth in emerging markets.