Impacts of the US dollar (USD) exchange rate on economic growth and the environment in the United States

2017 ◽  
Vol 64 ◽  
pp. 170-176 ◽  
Author(s):  
Jaeseok Lee ◽  
Chengyan Yue
2021 ◽  
Vol 8 (1) ◽  
pp. 20
Author(s):  
Alvin Sugeng Prasetyo ◽  
Mochamad Devis Susandika

The purpose of this study is to examine and analyze the response to Indonesia's economic growth caused by external shocks from the United States and China. The method used is VECM, because it is stationary at I (1) and there is cointegration. The estimation results show that the uncertainty of China's economic policies and the contribution of China's economic growth has a greater effect than the United States on Indonesia's economic growth. The shock of the rupiah exchange rate against the US dollar was better than the rupiah exchange rate against the RMB. The shock of changes in oil prices was responded negatively by changes in Indonesia's economic growth. In the long term, there are no signs of a movement in response to changes in Indonesia's economic growth towards equilibrium (convergence).  


2019 ◽  
pp. 201
Author(s):  
Linanda Aninditha Chisilia ◽  
A.A Bagus Putu Widanta

Abstract: Determinant Analysis of Beef Import in Indonesia On Year 1990-2015. The purpose ofthis study is to determine the effect of the amount of production, consumption, prices of importedand local beef and the US dollar exchange rate simultaneously on beef imports in Indonesia. Todetermine the effect of the amount of production, consumption, prices of imported and local beef and partially the US dollar exchange rate on beef imports in Indonesia. To find out the dominant variable between the amount of production, consumption, the price of imported and local beef andthe exchange rate of the United States dollar towards Indonesian beef imports. The data used inthis study are secondary using multiple linear regression analysis techniques. The results showsimultaneously a significant effect on beef imports in Indonesia. Partially the amount of productionand the US dollar exchange rate does not have a significant effect on beef imports in Indonesia.While the variable local prices and consumption partially have a positive and significant effect onbeef imports in Indonesia and the import price variable partially has a negative and significanteffect on beef imports in Indonesia. The dominant factor affecting beef imports in Indonesia isconsumption variable.Keywords: tourism industry; investment; employment opportunities; tourism sector GRDP.


1998 ◽  
Vol 58 (4) ◽  
pp. 1010-1026 ◽  
Author(s):  
Ronnie J. Phillips ◽  
Harvey Cutler

This article examines one feature of the pre—Federal Reserve financial system that has not been widely researched: the market for bank drafts (the “domestic exchanges”). Though the exchanges existed for nearly a century, critics argued that exchange rate fluctuations exacerbated financial panics. We find, using cointegration analysis over the period from 1899 to 1908, that differences in growth rates across regions caused predictable movements in rates. We conclude that the exchanges promoted efficiency in the payments system. This supports the view that the private sector might have developed a unified national system had the Fed not abolished the exchanges.


2019 ◽  
Vol 17 (9) ◽  
Author(s):  
Badrud Duja ◽  
Heri Supriyanto

Over the past years, Indonesia’s economic growth has been recorded among the top developing countries. The economic growth is believed to contribute to the increase on residential property prices. The main objective of this study is to analyse the influence of determinants of residential property prices in Indonesia by examining the dynamic relationships of residential property prices reflected through the Residential Property Price Index (RPPI) with Gross Domestic Product (GDP), investment interest rates, wages, inflation and the exchange rate against the US dollar using secondary data over a period of thirteen-years between 2002Q1 and 2014Q4. By applying the Engle-Granger co-integration testand the error correction model, this research aims to see the relationship between the variables both in the short- and long-term. The results of the study indicated that macroeconomic factors that were significantly related to Indonesian residential property prices were GDP, wages, inflation, and exchange rates against the US dollar, while the investment interest rate was not included in these factors. Furthermore, based on the results of the regression analysis on research data, government policy in setting minimum wage standards has the greatest impact on residential property prices in the property sector in Indonesia. Thus, the results of this research are expected to provide the government with better viewpoints that will assist them in enacting better policies in the residential property sector.


Author(s):  
Roy van der Weide ◽  
Ambar Narayan

The United States and China are the world’s largest economies. Together they are responsible for about one-third of the world’s economic output. This chapter aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes unrealized human potential. Our analysis shows that despite stark differences in their levels of development, the US and China report remarkably similar levels of socioeconomic mobility—levels considered low by international standards. The US’s level of mobility has historically been low. Before it embarked on its transition from planned to market economy, socioeconomic mobility was relatively high in China. However, as it underwent a period of rapid economic growth, China’s socioeconomic mobility declined significantly. The chapter concludes that the world’s two major economic powers have converged to a low level of socioeconomic mobility where talent from disadvantaged backgrounds is excluded.


2019 ◽  
pp. 146-166
Author(s):  
Philip Martin

US researchers have reached more consensus on the number and characteristics of migrants than on their socio-economic impacts, especially with regard to unauthorized migrants. When there is consensus among social scientists on some aspect of migration, such as the additional economic output due to the presence of migrants, this consensus result suggests very different policies for advocates. For example, the finding that the US economy may have been up to $10 billion larger in the 1990s due to migrants was touted by advocates of more migrants as proof of their benefits, and criticized by those favouring less migration as the equivalent of two weeks economic growth. President Trump is an example of a policy-maker selectively using migration research to justify restrictionist policies.


Author(s):  
Lee A. Craig

Since the late 18th century the long-run trend in economic growth—conventionally measured by real gross domestic product, income, and wages—has been positive in the United States and throughout Europe. However, in the 19th century, many Western countries, including the United States, experienced stagnation and even cyclical downturns in the biological standard of living—as measured by, for example, the expectation of life and adult stature—thus creating the “antebellum puzzle,” so named because the downturn began in the decades before the US Civil War. This puzzle suggests that industrialization and modern economic growth were accompanied by an increase in inequality and a decrease in the consumption of net nutrients.


Subject NAFTA update. Significance Negotiators from Canada, Mexico and the United States will reconvene this month to address major disagreements on critical NAFTA provisions. The meeting will give negotiators their first opportunity to take stock of their governments' respective positions in the aftermath of Mexico's elections, the recent imposition of key US import tariffs and the retaliatory measures taken by US trading partners. While the grounds for agreement exist, the chances of a rapid conclusion are remote. Impacts Trade uncertainty will hit prospects for industrial growth, earnings, cash flow and investment across North America. The Canadian dollar and the peso are likely to remain weak against the US dollar throughout 2018. The threat of new US auto tariffs may hasten agreement on NAFTA auto provisions, giving Trump an early negotiating victory.


2019 ◽  
Vol 11 (1) ◽  
pp. 859-893 ◽  
Author(s):  
Pierre-Olivier Gourinchas ◽  
Hélène Rey ◽  
Maxime Sauzet

International currencies fulfill different roles in the world economy, with important synergies across those roles. We explore the implications of currency hegemony for the external balance sheet of the United States, the process of international adjustment, and the predictability of the US dollar exchange rate. We emphasize the importance of international monetary spillovers and of the exorbitant privilege, and we analyze the emergence of a new Triffin dilemma.


NIAGAWAN ◽  
2020 ◽  
Vol 9 (3) ◽  
pp. 197
Author(s):  
Pebri Hastuti ◽  
La Ane ◽  
Melati Yahya

The COVID-19 pandemic was first announced by the government on March 2, 2020. COVID-19 has caused many impacts on various economic sectors in Indonesia. Not only in Indonesia but the impact of Covid-19 has disrupted world economic chains. In fact, it has the potential to cause an economic crisis in a number of countries if it is not dealt with quickly and appropriately. Especially in the exchange rate of the rupiah against the United States of America (US) which is increasingly weakening. This study aims to determine differences in the rupiah exchange rate before and during the co-19. The author uses library research instruments, documentation studies, internet browsing, where the data taken is secondary data from relevant agencies obtained from Bank Indonesia publications through Jakarta Interbank Spot Dollar Rate (Jisdor) data, data obtained from Jisdor is the rupiah exchange rate against the US dollar. This study uses quantitative methods with data analysis tools used are different test methods namely Wilcoxon Test with the help of the computer program SPSS Version 21. Where the data is taken from 7 November 2019 to 28 February 2020 before Covid-19 and during Covid-19 on March 2 until June 30, 2020. The method aims to find out significant differences between the rupiah exchange rates before and during the pandemic. The results of data processing showed that there were significant differences between the rupiah exchange rates before and during the pandemic. So it can be concluded that the spread of Covid-19 in the community will further weaken the exchange rate of the rupiah against the US Dollar.


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