DETERMINANTS OF INDONESIA’S EXPORTS OF MANUFACTURED PRODUCTS: A PANEL DATA ANALYSIS

2016 ◽  
Vol 10 (2) ◽  
pp. 187-202
Author(s):  
Ahmad Sohibil Kahfi
Keyword(s):  
Foreign Direct Investment ◽  
Exchange Rate ◽  
Panel Data ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Random Effect ◽  
Random Effect Model ◽  
Domestic Product ◽  
Real Gdp ◽  
Effect Model

Nilai ekspor Indonesia terus mengalami penurunan sejak 2012. Masalah ini menarik perhatian pemerintah Indonesia untuk segera meningkatkan performa ekspor, dimana salah satu sektor yang dapat ditingkatkan adalah sektor manufaktur. Studi ini menganalisis faktor penentu ekspor manufaktur di Indonesia sejak 2005 sampai 2014. Faktor utama yang dianalisis antara lain adalah nilai tukar rupiah, foreign direct investment (FDI), gross domestic product (GDP), dan kebijakan perdagangan. Faktor tersebut dianalisis menggunakan regresi data panel dengan pendekatan random effect model. Hasil dari analisis menunjukkan bahwa perubahan relatif dari nilai tukar, real GDP, jarak dua negara, dan tarif secara signifikan memengaruhi ekspor manufaktur di Indonesia. Beberapa rekomendasi terkait untuk pemerintah Indonesia antara lain adalah dengan menjaga ekspor Indonesia ke negara-negara yang memiliki GDP tinggi, memperluas pasar ekspor Indonesia, menjaga stabilitas nilai tukar rupiah, mendukung industri lokal menggunakan teknologi maju, dan mendukung penyederhanaan proses impor. Indonesia’s export has been decreasing since 2012. This problem has raised government’s attention to increase the export performance. One sector that can be improved is manufacturing. This study analyzes the determinants of Indonesia’s manufacturing export from 2005 to 2014. The major factors examined in this study include real exchange rate, foreign direct investment (FDI), gross domestic product (GDP) and trade policies. Those factors are examined by using panel data regression with a random effect model. The results revealed that relative change of exchange rate, real GDP, distance between two countries and average tariffs significantly affected the Indonesia’s manufacturing export. It is recommended that Indonesian government maintains the exports to countries which have high GDP, expand the export market, stabilize Rupiahs exchange rate, encourage local industries to use advanced technologies, and facilitate the simplification of import procedures.

Pengaruh Pertumbuhan Ekonomi, Foreign Direct Investment dan Tax Rate Terhadap Penerimaan PPh Badan Negara ASEAN

2020 ◽  
Vol 5 (4) ◽  
pp. 325-342
Author(s):  
Merry Inriama ◽  
Milla Sepliana Setyowati
Keyword(s):  
Foreign Direct Investment ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Random Effect ◽  
Random Effect Model ◽  
Least Square ◽  
Domestic Product ◽  
Tax Rate ◽  
Effect Model

Keterbukaan perekonomian menjadi penentu yang penting dalam pertumbuhan ekonomi. Kondisi perekonomian suatu negara dapat memberi dampak terhadap penerimaan sektor perpajakan. Hal ini dapat dilihat dari salah satu penerimaan pajak suatu negara yaitu melalui penerimaan PPh Badan. Tujuan dalam penelitian ini adalah untuk menganalisis pengaruh pertumbuhan ekonomi yang diukur dengan Gross Domestic Product (GDP), Foreign Direct Investment (FDI), dan Tax Rate terhadap besarnya penerimaan PPh Badan (CIT) dalam kasus lima negara ASEAN selama periode 1999-2018. Metode penelitian ini dilakukan dengan menggunakan regresi data panel dengan estimasi Random Effect Model atau Generalized Least Square (GLS) dengan program Eviews. Hasil penelitian ini secara simultan menunjukkan bahwa variabel independen yaitu GDP, FDI, dan tax rate memiliki pengaruh yang signifikan terhadap variabel dependen yaitu penerimaan PPh Badan (CIT). Secara parsial PDB dan tax rate memiliki pengaruh positif dan signifikan yang artinya kenaikan atau penurunan GDP dan tax rate akan mempengaruhi kenaikan atau penurunan penerimaan PPh Badan (CIT), sedangkan FDI tidak memiliki pengaruh terhadap penerimaan PPh Badan (CIT). Melalui penelitian ini diharapkan dapat mengukur variabel-variabel yang memiliki pengaruh terhadap penerimaan PPh Badan, sehingga penerimaan PPh Badan dapat ditingkatkan.

scholarly journals The Influence of Inflation Level, Exchange Rate and Gross Domestic Product on Foreign Direct Investment in the ASEAN Countries on 2007 - 2018

2020 ◽  
Vol 5 (3) ◽  
Author(s):  
John FoEh ◽  
Ni Kadek Suryani ◽  
Shakti Silpama
Keyword(s):  
Foreign Direct Investment ◽  
Exchange Rate ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Inflation Rate ◽  
Random Effect ◽  
Secondary Data ◽  
Domestic Product ◽  
Brunei Darussalam ◽  
Asean Countries

This research aims to determine the effect of the inflation rate, exchange rate and gross domestic product to the foreign direct investment in the ASEAN countries in periods of 2007-2016. The object of this research is the foreign direct investment in 11 countries of ASEAN region such as; Brunei Darussalam, Philippines, Indonesia, Cambodia Laos, Malaysia, Myanmar, Singapore, Thailand, Timor-Leste and Vietnam. The data used are secondary data with analysis by a panel data regression model using with an estimated model of random effect which were processed by Eviews tools version 10. The results of this study indicate that simultaneously the inflation rate, exchange rate, and gross domestic product have a very significant effect to the foreign direct investment. Partially, the inflation rate has a significant negative effect on foreign direct investment, while the exchange rate has a significant positive effect on foreign direct investment. The further analysis showed that the gross domestic product has no significant effect on foreign direct investment.

scholarly journals Kondisi Makro Ekonomi Terhadap Hasil Investasi Asuransi Jiwa Syariah di Indonesia

2017 ◽  
Vol 4 (10) ◽  
pp. 773
Author(s):  
Firsty Dzanurrahmana Zein ◽  
Atina Shofawati
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Significant Influence ◽  
Life Insurance ◽  
Quantitative Methods ◽  
Random Effect ◽  
Random Effect Model ◽  
Domestic Product ◽  
Significance Level ◽  
Effect Model

This research attempt to analyze the effect of variable inflation, Rupiah exchange rate, and gross domestic product towards investment result of sharia life insurance in Indonesia period 2012:Q1 until 2016:Q1. This research using quantitative methods. The analysis techniques used is multiple linear regression with data panel and significance level of 0,05. The approach used in this research is Random Effect Model. The result of t-test, gross domestic bruto has a significant influence to investment result of sharia life insurance with 0,0459. Inflation and Rupiah exchange rate has not significant influence to investment result of sharia life insurance. However, inflation, Rupiah exchange rate and gross domestic product simultaneously provide a significant effect to Investment result of sharia life insurance.

scholarly journals PENGARUH PRODUK DOMESTIK BRUTO (PDB) DAN INDEKS PEMBANGUNAN MANUSIA (IPM) TERHADAP ANGKA KEMISKINAN DI INDONESIA

2010 ◽  
Vol 8 (2) ◽  
pp. 357
Author(s):  
Muhammad Sri Wahyudi Suliswanto
Keyword(s):  
Gross Domestic Product ◽  
Human Development ◽  
Human Development Index ◽  
Random Effect ◽  
Random Effect Model ◽  
Negative Influence ◽  
Domestic Product ◽  
Development Index ◽  
Effect Model ◽  
Independent Variable

Poverty is classic issue faced by most developing countries and is one of economic indicators to view public welfare level in any region. The research aimed to analyze effect of Gross Domestic Product (GDP), and human development index on poverty in Indonesia. Analysis used quantitative with Random Effect Model (REM) method in Panel Data with time series year 2006 to 2008. Anaysis result concluded that all independent variable simultaneously had significant effect on poverty variable in Indonesia and partially Gross Domestic Product (GDP) variable had significant negative influence on poverty with α 20%, and Human Development Index (HDI) variable had significant negative influence on poverty with α 5%.

scholarly journals Current account determinants in ASEAN 6

2018 ◽  
Vol 21 (2) ◽  
Author(s):  
Novi Ariyani ◽  
Fajar Wahyu Priyanto ◽  
Lilis Yuliati
Keyword(s):  
Foreign Direct Investment ◽  
Exchange Rate ◽  
Interest Rate ◽  
Gross Domestic Product ◽  
Current Account ◽  
Direct Investment ◽  
Domestic Product ◽  
Annual Data ◽  
The Current Account

This study aims to analyze the factors that influence the export activity in the ASEAN region countries such as Indonesia, Singapore, Thailand, Malaysia, Philippines and Vietnam during 2001 - 2016 by using annual data. The factors that influence gross domestic product (GDP), interest rate, foreign direct investment (FDI) and exchange rate. The method used in the research is panel Vector Error Correlation Model (PVECM). The results show that Gross Domestic Product (GDP) negatively affects the current account in the short term. The interest rate variable negatively affects the current account in the long term. The Foreign Direct Investment (FDI) variable negatively affects the current account in the long term. Furthermore, the exchange rate variable negatively affects the current account in the long term.

scholarly journals ANALISIS PENGARUH JUMLAH PENDUDUK, PENDIDIKAN, UPAH MINIMUM DAN PRODUK DOMESTIK REGIONAL BRUTO (PDRB) TERHADAP JUMLAH PENGANGGURAN DI KABUPATEN DAN KOTAPROVINSI JAWA TIMUR TAHUN 2010-2014

2017 ◽  
Vol 2 (1) ◽  
Author(s):  
Trianggono Budi Hartanto
Keyword(s):  
Panel Data ◽  
Gross Domestic Product ◽  
Minimum Wage ◽  
Random Effect ◽  
Random Effect Model ◽  
Domestic Product ◽  
Population Education ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact

AbstractThis research aims to analyze the impact of variable population, education (Means Years School), minimum wage and gross domestic regional product on unemployment in district and cities East Java from 2010 to 2014. The analytical method used panel data regression (pooled data) with the Random Effect Model approach. Results of panel data regression analysis in this research showed population, education (means years school), minimum wage and regional gross domestic product is simultaneously significant positive effect on unemployment in distric and cities East Java. Partially, population, education (means year school) and regional gross domestic product is significant and positive impact on unemployment, while minimum wage has no significant impact on unemployment in distric and cities East Java. Keywords : Unemployment,  Population,  Education,  Minimum  Wage,  Gross Domestic Regional Bruto (GDRP) Research Area: District and City East Java

scholarly journals Migration und Geld: Können Remittances den Wohlstand eines Landes fördern?

2018 ◽  
Vol 87 (3) ◽  
pp. 165-179
Author(s):  
Marcus Deetz ◽  
Anna Ammon ◽  
Neele Döpkens
Keyword(s):  
Foreign Direct Investment ◽  
Panel Data ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Home Country ◽  
Positive Influence ◽  
Domestic Product ◽  
Control Variables ◽  
Panel Data Regression ◽  
Data Regression

Zusammenfassung: Haben Remittances, also der Geldtransfer von Migrantinnen und Migranten zur Unterstützung der Familien im Heimatland, einen positiven Einfluss auf den Wohlstand eines Landes? Hierzu können die empirischen Befunde wie folgt zusammengefasst werden: Bei den durchgeführten Paneldatenregressionen von Remittances pro Person auf das Bruttoinlandsprodukt pro Einwohner, wobei die Kontrollvariablen Arbeitslosigkeit, Export, ausländische Direktinvestitionen, Bruttoinvestitionen sowie der Einfluss der Finanzkrise 2008–2009 berücksichtigt wurden, ist der Koeffizient der Variablen Remittances pro Person mit einer Höhe von 0,026 statistisch hochsignifikant. Remittances haben demnach einen positiven Einfluss auf den Wohlstand eines Landes, wenn dieser in Bruttoinlandsprodukt pro Einwohner gemessen wird. Auch die Ergebnisse der Robustheitsanalysen haben den positiven Zusammenhang bestätigt, der auch bei Veränderung von Kontrollvariablen statistisch signifikant bleibt. Summary: Do remittances, that is, the transfer of money from migrants to support families in their home country, have a positive influence on the prosperity of a country? The empirical findings can be summarized as follows: In the panel data regression of remittances per person to the gross domestic product per inhabitant, whereby the control variables unemployment, export, foreign direct investment, gross investment and the influence of the financial crisis 2008–2009 were taken into account, the coefficient of the variable remittances per person is statistically highly significant at 0.026. Thus, remittances have a positive influence on a country’s prosperity when measured in gross domestic product per inhabitant. The results of the robustness analyses also confirmed the positive correlation, which remains statistically significant even if control variables are changed.

scholarly journals Foreign Direct Investment (FDI), Trade and Its Contribution to the Mining Sector of Guinea

2016 ◽  
Vol 7 (2) ◽  
pp. 65
Author(s):  
Kimberly Racquel Elizabeth Chin
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Exchange Rate ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Mining Industry ◽  
Domestic Product ◽  
Mining Sector ◽  
The Government ◽  
The Relationship

In order to objectively analyze Foreign Direct Investment (FDI) contribution to Guinea’s mining sector, the granger casualty test was used to determine the relationship among variables and to determine whether any of these variables affect others and how. The variables used are Gross Domestic Product, Government Income, Trade, FDI inflow into Guinea mining sector and the exchange rate. The granger casualty test produced evidence of a bidirectional casualty relationship which suggests that FDI’s influence on efficiency lies in the government relaxing its dependency on the mining industry for economic  growth.

scholarly journals Foreign Debts Strategy Thesis for Improved Living Standard: The Nigerian Experience

2021 ◽  
Vol 3 (1) ◽  
pp. 1-13
Author(s):  
Ayangeadoo Alphonsus Hur-Yagba ◽  
Helen Elena Jekele ◽  
Kasim Umar
Keyword(s):  
Foreign Direct Investment ◽  
Exchange Rate ◽  
Gross Domestic Product ◽  
Direct Investment ◽  
Inflation Rate ◽  
Secondary Data ◽  
Least Square ◽  
Domestic Product ◽  
Living Standard ◽  
Significance Level

This study examined whether foreign debts have been able to improve or otherwise Nigeria’s economy towards improving the living standard of her citizenry with respect to the nation’s gross domestic product (GDP), USD exchange rate, inflation rate and foreign direct investment (FDI) for the period 1986 to 2017. The study was carried out in Nigeria with respect to other countries doing business with Nigeria. The study also made use of secondary data for the period under consideration. Data obtained were subjected to the cointegration test, which results show that the F-statistic is greater than the lower and upper bound critical value at a five per cent (5%) significance level. Thus, the null hypothesis of no long-run relationship is rejected at a five per cent (5%) significance level. It can, therefore, be inferred that the variables are cointegrated holding the external debt profile as the independent variable. Furthermore, the Ordinary Least Square Linear Multiple Regression Analyses (OLSLMRA) revealed that foreign debt significantly affected adversely, the nation’s gross domestic product (GDP), USD exchange rate and foreign direct investment; except for inflation rate. The study, therefore, concluded that foreign debts, though not the best option for countries striving to survive; still have a significant effect on Nigeria’s economy and indeed her living standard. The study recommends diversification of Nigeria’s economy outside the crude oil to include agriculture, solid minerals, manufacturing, trade and industry to improve on her gross domestic product (GDP), exchange rate, inflation rate and foreign direct investment (FDI) and thus better the living standard of her citizenry.

scholarly journals Analysis of the Effect of Exchange Value, Inflation, Product Sharing and Gross Domestic Products on Development Sharia Banking Assets in Indonesia

2021 ◽  
Vol 8 (6) ◽  
pp. 180-192
Author(s):  
Muhammad Arif ◽  
HB. Tarmizi SU ◽  
M. Syafi’i
Keyword(s):  
Exchange Rate ◽  
Panel Data ◽  
Gross Domestic Product ◽  
Profit Sharing ◽  
Fixed Effect ◽  
Domestic Product ◽  
Islamic Banks ◽  
Islamic Bank ◽  
Effect Model ◽  
The Exchange Rate

Islamic banks have had a significant development in assets, where during the last ten years the assets of Islamic banks reached 524 trillion rupiah in 2019. However, although the number of assets tends to increase, the percentage of Islamic bank assets grew slowly from 2016 to 2019. It was recorded that the growth of Islamic bank assets in 2016 grew by 22.10% (yoy) and finally in 2019 it grew by 9.93% (yoy), in line with the slowdown in financing channeled by Islamic banks. Banks in their operational activities cannot be separated from the influence of economic conditions. In this study, using analysis from outside the company, namely by using analysis of the macroeconomic environment. Macroeconomic variables used are the exchange rate, inflation, and Gross Domestic Product (GDP), where these three factors are the impact of the global financial crisis in 2008, and greatly affect the condition of the Indonesian economy. As well as the internal factors of the bank itself, namely profit sharing. The purpose of this study is to determine how much influence the exchange rate, inflation, profit sharing, and GDP both partially and simultaneously affect the development of Islamic bank assets in Indonesia. This type of research is quantitative research with panel data. This study uses panel data regression analysis techniques, namely using data combining cross section and time series, where this research is carried out using the common effect, fixed effect and random effect model specification test using the Chow test and the Hausman test. The population and sample of this study are the 10th quarterly financial reports of Islamic commercial banks in Indonesia using purposive sampling technique. The model chosen in this study is the Fixed Effect Model (FEM). The results showed that partially the exchange rate and inflation variables had a positive but insignificant effect on the development of Islamic bank assets, while the profit sharing variables and gross domestic product had a positive and significant effect on the development of Islamic bank assets. While simultaneously the exchange rate, GDP, inflation and profit sharing variables have a positive and significant effect on the development of Islamic bank assets. Keywords: Exchange Rate, Inflation, Profit Sharing, GDP and Asset Development.

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