Identifying the Factors Contributing to the Volume of Coffee Export from North Sumatra to the United States, Malaysia and Japan

2020 ◽  
Vol 36 (1) ◽  
pp. 83
Author(s):  
Fransisca Natalia Sihombing ◽  
Tavi Supriana ◽  
Sri Fajar Ayu
Keyword(s):  
United States ◽  
Secondary Data ◽  
The United States ◽  
Gdp Per Capita ◽  
Factors Affecting ◽  
Coffee Yield ◽  
Negative Effect ◽  
Per Capita ◽  
Quantitative Descriptive ◽  
North Sumatra

<p>The fluctuation of coffee export from North Sumatra to the three primary destination countries, including the United States, Malaysia and Japan, has never been reported simultaneously. The research was aimed to analyze the factors affecting the volume of coffee export from North Sumatra to the United States, Malaysia and Japan. The research was conducted in November 2019 until March 2020. This study employed secondary data, which were obtained from the Statistics of Sumatera Utara, International Coffee Organization, Bank Indonesia and Trading Economics in the time series of 34 years (1986 until 2019). The data were analyzed using the quantitative descriptive method with the panel data regression analysis by applying the Chow and Hausman tests with the Eviews 10 software. The analysis results show that the Free on Board (FOB) value, Indonesia Coffee Prices (ICP), Rupiah Exchange Rate (RER), Gross Domestik Product (GDP) per capita and coffee yield simultaneously and significantly affected the Coffee Export Volume (CEV) from North Sumatra to the United States, Malaysia and Japan. The FOB value, ICP and coffee yield had a partially significant positive effect on the CEV from North Sumatra to the three countries. The GDP per capita had a partially significant negative effect, while the RER did not put significant effect on the CEV. The FOB value, ICP and coffee yield are necessary to be increased for maintaining and supporting a rise in the volume of coffee export from North Sumatra.</p>

scholarly journals INTERVENSI KEBIJAKAN MONETER TERHADAP INVESTASI PORTOFOLIO: KASUS INDONESIA DAN AMERIKA SERIKAT

2020 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Nanda Alfarina ◽  
Hasdi Aimon
Keyword(s):  
United States ◽  
Interest Rate ◽  
Secondary Data ◽  
The United States ◽  
Portfolio Investment ◽  
Mechanism Analysis ◽  
Long Run ◽  
Negative Effect ◽  
The Difference ◽  
Effect Of Monetary Policy

This study aims to determine the effect of monetary policy measured by the central bank’s policy rate (X1) on portfolio investment (Y) in Indonesia and United States in the long run. The data used are secondary data seouced from SEKI BI, FRED The FEd, coinmarketcap.com, and investing.com, with the VECM (Vector Error Correction Mechanism) analysis methode. The study show The study shows the differences between the results that occur in Indonesia and the United States. The policy interest rate has a significant positive effect on portfolio investment in the long run in Indonesia, while in the United States the interest rate in the long run has a significant negative effect on portfolio investment. The difference in research results between the two countries shows the need for different treatment for monetary authorities in encouraging portfolio investment 

Taxable Wealth and Alcoholic Beverage Consumption in the United States

1994 ◽  
Vol 74 (3) ◽  
pp. 813-814 ◽  
Author(s):  
Thomas J. Young ◽  
Laurence A. French
Keyword(s):  
United States ◽  
Pearson Correlation ◽  
Alcoholic Beverage ◽  
Correlation Coefficients ◽  
Secondary Data ◽  
The United States ◽  
Beverage Consumption ◽  
Distilled Spirits ◽  
Per Capita ◽  
Per Capita Consumption

Analysis of secondary data of the United States yielded significant but small Pearson correlation coefficients between taxable wealth and per capita consumption of wine ( r = .26), beer ( r = .40), and distilled spirits ( r = .30).

scholarly journals Economic factors affecting Thailand’s frozen shrimp export volume to the United States and Japan

2020 ◽  
Vol 4 (4) ◽  
pp. 66-74
Author(s):  
He Shuquan ◽  
Matukorn Bu-iad
Keyword(s):  
United States ◽  
Private Consumption ◽  
The United States ◽  
Rate Of Change ◽  
Economic Factors ◽  
Factors Affecting ◽  
Production Activity ◽  
Export Volume ◽  
Per Capita ◽  
Frozen Shrimp

A Study of Economic Factors Affecting Thailand’s Frozen Shrimp Export Volume to the United States and Japan which hypothesized that there are economic factors that affect the quantity of frozen shrimp exports from Thailand to the United States, namely the Manufacturing Production Index classified by production activity, Frozen Seafood (MPI), Domestic Wholesale Shrimp Price (PRIshrimp), United States Gross Domestic Product (GDPU.S.A.), Per Capita Income of US Population (PCIU.S.A.), Rate Of Change In Private Consumption And Consumption Expenditures Of The US Private Sector (PCEU.S.A.) and assumed that there are economic factors affecting the quantity of frozen shrimp exports to Japan, namely the Manufacturing Production Index classified by production activity, Frozen Seafood Category (MPI), Domestic Wholesale Shrimp Price (PRIshrimp) , Japan Gross Domestic Product (GDPJapan), Per Capita Income Of Japanese Population (PCIJapan), Rate Of Change In Private Consumption And Consumption Expenditures Of The Japanese Private Sector (PCEJapan) which are consistent with the research of Pathumnakul, S., Khamjan, S., & Piewthongngam, K. (2007). Will use secondary data by collecting data on a monthly basis from January 2017 to December 2019 with the analysis of complex regression equations. By the least-squares estimation method, the study found that the economic factors affecting frozen shrimp export volume of Thailand to the United States in the same direction are manufacturing production index classified by production activity, frozen seafood category, wholesale shrimp prices in the country, the gross domestic product of USA, income per capita of the United States population and rate of change in US private consumption expenditure has no effect on the export volume of frozen shrimp from Thailand to the United States. For economic factors affecting the frozen shrimp export volume of Thailand to Japan in the same direction is statistically significant, the manufacturing production index classified by production activity, frozen seafood category, wholesale shrimp prices in the country, the gross domestic product of Japan, income per capita of the Japanese population and the rate of change in Japanese private consumption expenditure has no effect on the export volume of frozen shrimp from Thailand to Japan. Keywords: economic factors, frozen shrimp, export volume.

China’s Economic Development

2020 ◽  
Author(s):  
Lawrence J. Lau
Keyword(s):  
United States ◽  
Exchange Rate ◽  
Economic Reform ◽  
The United States ◽  
Gdp Per Capita ◽  
Free Markets ◽  
Real Gdp ◽  
The World ◽  
Real Gdp Per Capita ◽  
Per Capita

Chinese real gross domestic product (GDP) grew from US$369 billion in 1978 to US$12.7 trillion in 2017 (in 2017 prices and exchange rate), at almost 10% per annum, making the country the second largest economy in the world, just behind the United States. During the same period, Chinese real GDP per capita grew from US$383 to US$9,137 (2017 prices), at 8.1% per annum. Chinese economic reform, which began in 1978, consists of two elements—introduction of free markets for goods and services, coupled with conditional producer autonomy, and opening to international trade and direct investment with the rest of the world. In its transition from a centrally planned to a market economy, China employed a “dual-track” approach—with the pre-existing mandatory central plan continuing in force and the establishment of free markets in parallel. In its opening to the world, China set a competitive exchange rate for its currency, made it current account convertible in 1994, and acceded to the World Trade Organisation (WTO) in 2001. In 2005, China became the second largest trading nation in the world, after the United States. Other Chinese policies complementary to its economic reform include the pre-existing low non-agricultural wage and the limit of one-child per couple, introduced in 1979 and phased out in 2016. The high rate of growth of Chinese real output since 1978 can be largely explained by the high rates of growth of inputs, but there were also other factors at work. Chinese economic growth since 1978 may be attributed as follows: (a) the elimination of the initial economic inefficiency (12.7%), (b) the growth of tangible capital (55.7%) and labor (9.7%) inputs, (c) technical progress (or growth of total factor productivity (TFP)) (8%), and (d) economies of scale (14%). The Chinese economy also shares many commonalities with other East Asian economies in terms of their development experiences: the lack of natural endowments, the initial conditions (the low real GDP per capita and the existence of surplus agricultural labor), the cultural characteristics (thrift, industry, and high value for education), the economic policies (competitive exchange rate, export promotion, investment in basic infrastructure, and maintenance of macroeconomic stability), and the consistency, predictability, and stability resulting from continuous one-party rule.

scholarly journals The Determinants of Indonesian Textile’s and Clothing Export to the Five Countries of Export Destination

ETIKONOMI ◽  
2020 ◽  
Vol 19 (1) ◽  
pp. 19-30 ◽  
Author(s):  
Faizal Irvansyah ◽  
Hermanto Siregar ◽  
Tanti Novianti
Keyword(s):  
United States ◽  
Time Series ◽  
Data Analysis ◽  
Panel Data ◽  
Panel Data Analysis ◽  
The United States ◽  
Destination Country ◽  
Gdp Per Capita ◽  
Per Capita ◽  
Export Destination

Indonesian textile and clothing products (TPT) is the second-largest export product after oil palm product. There are five biggest export destination countries, that is the United States, Japan, South Korea, and Turkey. This study aims to analyze the factors that affect TPT exports to the five biggest export destination countries. The factors that affect TPT exports examined by using time series and panel data analysis. Using panel data analysis finds that GDP per capita of the destination country, the exchange rate of the Rupiah, the price of textiles in the destination country, and import tariffs stipulate in the destination country affect TPT exports. Then, using time series analysis finds that GDP per capita and import tariffs affected TPT export to the United States, China, and Turkey. Meanwhile, the factors influencing Indonesian textile exports to Japan and South Korea are textile prices, rupiah exchange rates, and import tariffs.JEL Classification: F14, F43How to Cite:Irvansyah, F., Siregar, H., & Novianti, T. (2020). The Determinants of Indonesian Textile’s and Clothing Export to the Five Countries of Export Destination. Etikonomi: Jurnal Ekonomi, 19(1), 19 – 30. https://doi.org/10.15408/etk.v19i1.14845.

Economic Growth in the United States, 1790 to 1860

2019 ◽  
Author(s):  
Thomas Weiss
Keyword(s):  
United States ◽  
Economic Growth ◽  
The United States ◽  
Gdp Per Capita ◽  
Free Standing ◽  
Early 19Th Century ◽  
Modern Economic Growth ◽  
Modern Economic ◽  
Per Capita ◽  
The U.S

In the early 21st century, the U.S. economy stood at or very near the top of any ranking of the world’s economies, more obviously so in terms of gross domestic product (GDP), but also when measured by GDP per capita. The current standing of any country reflects three things: how well off it was when it began modern economic growth, how long it has been growing, and how rapidly productivity increased each year. Americans are inclined to think that it was the last of these items that accounted for their country’s success. And there is some truth to the notion that America’s lofty status was due to the continual increases in the efficiency of its factors of production—but that is not the whole story. The rate at which the U.S. economy has grown over its long history—roughly 1.5% per year measured by output per capita—has been modest in comparison with most other advanced nations. The high value of GDP per capita in the United States is due in no small part to the fact that it was already among the world’s highest back in the early 19th century, when the new nation was poised to begin modern economic growth. The United States was also an early starter, so has experienced growth for a very long time—longer than almost every other nation in the world. The sustained growth in real GDP per capita began sometime in the period 1790 to 1860, although the exact timing of the transition, and even its nature, are still uncertain. Continual efforts to improve the statistical record have narrowed down the time frame in which the transition took place and improved our understanding of the forces that facilitated the transition, but questions remain. In order to understand how the United States made the transition from a slow-growing British colony to a more rapidly advancing, free-standing economy, it is necessary to know more precisely when it made that transition.

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