ANALISIS PENGARUH INVESTASI TERHADAP PERKEMBANGAN INDUSTRI DI KOTA MEDAN

Abstract

Island Sumatera is one of the biggest island among thousand of island those
are found in Indonesia, this island has an position strategic enough to be expanded.
Specially North Sumatera that is Medan town. To look at the supporting condition, to
process the natural wealth is necessary to be implicated soon to increase the
prosperity of the citizenry and to raise territory so that it becomes a forward moving
territory. To process these resources a very big capital is needed, as very reliable
peaple or financial capital and skilled businessmen. Looking at the natural wealth
that it possesses North Sumatera has a very great chance for investment that is
domestic investment and foreign investment because there are so many incomplete
materials from various sectors. Thats why the province government specially Medan
town always create an atmosphere that can stimulate investment, as local investment
also foreign invetment.
Problem statement of this research is : 1. What is the influence of the
domestic investment to the development of industry in Medan town?, and 2. What is
the influence of the foreign investment to the development of industry in Medan
town? The purpose of this research is to know what is the influence of the domestic
investment and foreign investment to the development of industry in Medan. The
source of data in this research comes from secondary data in the form of yearly
report that comes from official government or Medan Central Bereau Statistic,
Planning and Development Province office, Investment and Promotion office.
Technique analysis data use the econometrics model using ordinary least square
(OLS).
Based on the result of research, domestic investment has a positive
influence to the development industry of Medan with coefficient which means every
increment 1% domestic investment, will cause the raise development industry in
Medan as big as 0,001%. Also with the foreign investment has a positive influence to
development of industry in Medan as big as 0,001%. Determination coefficient shows
that as a whole domestic investment and foreign investment explain the influence of
their relation with the development industry in Medan as big as 73,1% and the rest
so much as 26,9% is explained by other statistical variable that are not include in the
estimation model.