scholarly journals Pengaruh Jumlah Uang Beredar dan Kurs terhadap Harga Beras di Indonesia dengan Inflasi sebagai Variabel Intervening

2021 ◽  
Vol 12 (2) ◽  
pp. 168-183
Author(s):  
Muhammad Syariful Anam ◽  
Dian Luthvita Nadila ◽  
Iskandar Iskandar
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Money Supply ◽  
Secondary Data ◽  
Analysis Model ◽  
The Third ◽  
Insignificant Effect ◽  
Rice Prices ◽  
The Exchange Rate ◽  
Path Analysis Model

The study aims to determine the effect of the money supply and exchange rates on rice prices with inflation as an intervening variable. Secondary data is time series 2015-2019 from BPS and BI, and is analyzed using a path analysis model which is an extension of multiple linear regression. The results showed that the money supply had a negative and significant effect on inflation, while the exchange rate had a positive and insignificant effect on inflation. Another finding is that the money supply has a positive and significant effect on rice prices, the exchange rate has a negative and insignificant effect on rice prices, and inflation has a negative and significant effect on rice prices. The third finding is that inflation as an intervening variable only mediates the money supply to the price of rice.

Pengaruh Faktor Fundamental, Risiko Sistematis Dan Ekonomi Makro Terhadap Return Saham Syariah Yang Tergabung Di Jakarta Islamic Index (JII) Pada Periode 2010 – 2014

2017 ◽  
Vol 24 (1) ◽  
pp. 54-70
Author(s):  
Hasanah Setyowati ◽  
Riyanti Ningsih
Keyword(s):  
Exchange Rate ◽  
Stock Exchange ◽  
Systematic Risk ◽  
Secondary Data ◽  
Analysis Model ◽  
Macroeconomic Factors ◽  
Return On Equity ◽  
Equity Ratio ◽  
Regression Techniques ◽  
The Exchange Rate

This study aimed to obtain empirical evidence on the influence of fundamental factors, systematic risk and macroeconomics on the returns Islamic stock of companies incorporated in the Jakarta Islamic Index in 2010-2014. The variables used were the fundamental factors that are proxied by Earning Per Share (EPS), Return on Equity (ROE), Debt to Equity Ratio (DER); Systematic risk is proxied by Beta Shares; macroeconomic factors is proxied by the inflation rate and the exchange rate. The samples of this study are the enterprises incorporated in Jakarta Islamic Index (JII) at the Indonesian Stock Exchange. The sampling method was using purposive sampling. There were 12 samples of Islamic stocks that meet the criteria to be used as samples. The analysis model used is multiple linear regression techniques and the type of data used is secondary data. The study found that all variables, which are Earning Per Share (EPS), Return on Equity (ROE), Debt to Equity Ratio (DER), Beta stock, inflation and the exchange rate do not significantly affect the return of sharia stock either simultaneously or partially.

scholarly journals Pengaruh kurs, net ekspor, dan penanaman modal asing terhadap pertumbuhan ekonomi Indonesia

2019 ◽  
Vol 7 (1) ◽  
pp. 39-50
Author(s):  
Tuty Cahya Azizah ◽  
Haryadi Haryadi ◽  
Etik Umiyati
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Exchange Rates ◽  
Foreign Investment ◽  
Secondary Data ◽  
Least Square Method ◽  
Least Square ◽  
Ordinary Least Square ◽  
Net Exports ◽  
The Exchange Rate

The purpose of this study is to analyze the development of exchange rates, net exports, FDI, and Indonesia's economic growth in 1998-2017 and to analyze the effect of exchange rates, net exports, and foreign investment (FDI) on Indonesia's economic growth in 1998-2017. used in this study is secondary data sourced from the Central Statistics Agency (BPS). The analytical tool used in this study is descriptive and quantitative analysis, namely by multiple linear regression. The research method used in this study is the "Ordinary Least Square (Ordinary Least Square) method. OLS). The test results using OLS show that together the variables of the exchange rate, net exports, and FDI have a significant effect on Indonesia's economic growth. While partially, the exchange rate has a positive and significant effect on Indonesia's economic growth. Meanwhile, net exports have a positive and significant impact on Indonesia's economic growth. Meanwhile, FDI has a positive and significant impact on Indonesia's economic growth. Keywords: Exchange rate, Net exports, Foreign investment, Economic growth.  

scholarly journals PENGARUH JUMLAH UANG BEREDAR (JUB) DAN EKSPOR TEMBAKAU TERHADAP KURS DI INDONESIA

2019 ◽  
Vol 2 (1) ◽  
pp. 15
Author(s):  
Siti Aryani ◽  
Murtala Murtala
Keyword(s):  
Exchange Rate ◽  
Money Supply ◽  
Time Series Data ◽  
Series Data ◽  
Analysis Model ◽  
Vector Autoregression Model ◽  
Var Analysis ◽  
Autoregression Model ◽  
The Exchange Rate ◽  
Analyze Data

This study aims to determine the effect of the money supply and export of tobacco on the exchange rate in Indonesia. This study uses time series data from 1986 to 2016. To analyze data, this uses Multiple linear regression and Vector Autoregression Model (VAR). Based on the results of the study obtained, it can be seen that partially the money supply had a positive and significant effect on the exchange rate and the export of tobacco had a negative and significant effect on the exchange rate. While simultaneously, the money supply and exports of tobacco had a positive and significant effect on the exchange rate in Indonesia. Furthermore, the results of the VAR analysis model showed that the exchange rate why influenced significantly and positively by the movement itself. The money supply had a positive and insignificant effect on the exchange rate while tobacco exports had a positive and significant effect on the exchange rate.

scholarly journals Faktor-Faktor yang Mempengaruhi Ekspor Kopi di Aceh

2020 ◽  
Vol 5 (2) ◽  
pp. 192-202
Author(s):  
Mardhiah Mardhiah ◽  
Akhmad Baihaqi ◽  
Safrida Safrida
Keyword(s):  
Time Series ◽  
Exchange Rate ◽  
Secondary Data ◽  
Coefficient Of Determination ◽  
Analysis Model ◽  
Coffee Production ◽  
Data Source ◽  
Independent Variable ◽  
The Exchange Rate ◽  
Coffee Price

 Penelitian ini bertujuan untuk melihat faktor-faktor yang mempengaruhi ekspor kopi di Aceh. Sumber data yang digunakan adalah data sekunder yang berupa time series dari tahun 2001 – 2017. Model analisis yang digunakan adalah regresi linear berganda, uji F, uji t dan uji R2. Hasil analisis regresi diperoleh Y = -9,365 - 2,825NT + 2,616HKDN – 1,734HKLN + 1,077PK. Hasil uji-F variabel dependen dengan variabel independen diperoleh nilai Fcari=3,605 sedangkan Ftabel=3,41. Hasil Uji-t menunjukkan nilai tukar mata uang Dollar terhadap Rupiah tcari=2,622 sedangkan ttabel= 2,160 dimana Ha ditolak H0 diterima artinya nilai tukar mata uang Dollar terhadap Rupiah berpengaruh nyata terhadap volume ekspor kopi di Aceh. Hasil analisis terhadap harga kopi dalam negeri tcari=2,348 sedangkan ttabel=2,160 artinya harga kopi dalam negeri berpengaruh secara nyata terhadap volume ekspor kopi di Aceh. Hasil analisis terhadap harga kopi luar negeri tcari=-3,543 sedangkan ttabel=2,160 artinya harga kopi di luar negeri berpengaruh secara nyata terhadap volume ekspor kopi di Aceh. Hasil analisis terhadap produksi kopi tcari=1,313 sedangkan ttabel=2,160 dimana Ha diterima dan H0 ditolak artinya produksi kopi tidak berpengaruh secara nyata terhadap volume ekspor kopi di Aceh. Nilai koefisien determinasi (R2) menunjukkan bahwa 54,6% ekspor kopi di Aceh dipengaruhi oleh nilai tukar, harga kopi dalam negeri, harga kopi luar negeri dan produksi kopi sedangkan sisanya sebesar 45,4% dipengaruhi faktor-faktor lain.Kata kunci : Ekspor Kopi, Nilai Tukar, Harga Kopi Dalam Negeri, Harga Kopi Luar Negeri, dan Produksi Kopi Abstract. This study aims to look at the factors that influence coffee exports in Aceh. The data source used is secondary data in the form of time series from 2001 - 2017. The analysis model used is multiple linear regression, Ftest, ttest, and R2 test. Regression analysis results obtained Y = -9,365 - 2,825NT + 2,616HKDN – 1,734HKLN + 1,077PK. F-test results for the dependent variable with the independent variable obtained Ftest = 3.605 while Ftable = 3.41. The ttest results show the exchange rate of the Dollar against Rupiah ttest = 2.622 while ttable = 2.160 where Ha is rejected and H0 is accepted meaning the exchange rate of the Dollar against Rupiah has a significant effect on the volume of coffee exports in Aceh. The results of an analysis of the domestic coffee price ttest= 2,348 while ttable = 2,160 means that the domestic coffee price significantly affects the volume of coffee exports in Aceh. The results of an analysis of overseas coffee prices ttest = -3.543 while ttable = 2.160 means that the price of coffee abroad has a significant effect on the volume of coffee exports in Aceh. The results of the analysis of coffee production ttest = 1,313 while ttable = 2.160 where Ha is accepted and H0 is rejected, meaning that coffee production has no significant effect on the volume of coffee exports in Aceh. The coefficient of determination (R2) shows that 54.6% of coffee exports in Aceh are influenced by the exchange rate, domestic coffee prices, foreign coffee prices and coffee production while the remaining 45.4% is influenced by other factors.

scholarly journals Panel Analysis of Monetary Model of ASEAN-5 Exchange Rates

2018 ◽  
Vol 11 (11) ◽  
pp. 1
Author(s):  
Noor Zainab Tunggal ◽  
Shariff Umar Shariff Abd. Kadir ◽  
Venus-Khim Sen Liew
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Exchange Rates ◽  
Money Supply ◽  
The United States ◽  
Real Income ◽  
Nominal Exchange Rate ◽  
Monetary Model ◽  
Nominal Exchange Rates ◽  
The Exchange Rate

In this study, we examined whether the exchange rates in ASEAN-5 countries are driven by monetary fundamentals. We applied the panel unit root tests and found that the United States denominated nominal exchange rates of Malaysian Ringgit, Indonesian Rupiah, Philippines Peso, Singapore Dollar, and Thailand Baht are all integrated of order one. Meanwhile, relative money supply and relative real income are also integrated in the same order. Nonetheless, the relative interest rate is integrated in order zero, and it implies the uncovered interest rate parity held in ASEAN-5. By using a panel cointegration test pioneered by Pedroni (2000, 2004), we found evidence that there is a long-run relationship between nominal exchange rate and its monetary fundamentals. Consistent with the monetary model of the exchange rate, relative money supply is positively related to nominal exchange rates, while relative real income is negatively related to nominal exchange rates. Therefore, this study reveals the importance of relative real money supply and relative income for the exchange rate market players to predict and monitor ASEAN-5 exchange rates.

scholarly journals Analisis faktor-faktor yang mempengaruhi ekspor CPO provinsi Jambi ke Malaysia

2020 ◽  
Vol 8 (3) ◽  
pp. 143-154
Author(s):  
Usman Hardianto ◽  
Siti Hodijah ◽  
Rahma Nurjanah
Keyword(s):  
Time Series ◽  
Exchange Rate ◽  
Gross Domestic Product ◽  
Exchange Rates ◽  
Time Series Data ◽  
Secondary Data ◽  
Domestic Product ◽  
Series Data ◽  
Insignificant Effect ◽  
Average Development

The purpose of the study was to determine and analyze the development of production, exchange rates, CPO prices, Malaysian GDP, and Jambi Province CPO exports to Malaysia and the effect of production, exchange rates, CPO prices, Malaysian GDP on Jambi Province CPO exports to Malaysia. The data used in this study is secondary data in the form of time series data for 2000-2017. The results show that the average development of Jambi Province CPO exports to Malaysia is 4.10% per year, Jambi Province CPO production is on average 4, 10% per year, the average exchange rate is 2.64% per year, the average CPO price is 8.63% per year, and Malaysia's GDP is 4.89% per year on average. Based on the results of multiple linear analyses, it can be concluded that CPO production, CPO prices, exchange rates, and Malaysian GDP together affect the volume of Jambi Province's CPO exports to Malaysia. While partially production and GDP have a negative and insignificant effect on Jambi Province's CPO exports to Malaysia, the exchange rate and CPO prices positively and significantly impact Jambi Province's CPO exports to Malaysia. Keywords: Production, Price, Exchange rates, Gross Domestic Product

scholarly journals Panel Data Analysis of Exchange Rate for Fragile Five

2017 ◽  
Vol 5 (1) ◽  
pp. 264
Author(s):  
Assoc. Prof. Dina Çakmur Yildirtan ◽  
Lecturer Esengül Salihoğlu
Keyword(s):  
Exchange Rate ◽  
Panel Data ◽  
Exchange Rates ◽  
Money Supply ◽  
Panel Data Analysis ◽  
Developed Countries ◽  
Causality Test ◽  
Cointegration Tests ◽  
The Exchange Rate ◽  
Panel Vector Autoregression

After the Bretteon Woods System, as a result of the preffering especially the flexible exchange rate systems of developed countries the exchange rate risk has emerged. The transfer for the flexible exchange systems in the majority of developing countries started with the financial liberalization in the 1990’s. In this period, the progress of information technology and globalization have rendered exchange rate policies and exchange rates a priority for countries and exchange rates have become effective on macroeconomic indicators. In this study was examined exchange rate behaviour of Morgan Stanley’s “Fragile Five Countries” which are Brazil, India, Indonesia, South Africa and Turkey. For this purpose with the Panel Cointegration Tests was investigated if there is long termed relationship between the exchange rate and international reserves, money supply and The Bloomberg U.S. Financial Conditions Index(BFCIUS). As well as, Granger Causality test is applied using Panel Data Causality Techniques are used to uncover the direction of relation between variables. Thus Panel Vector Autoregression (PVAR) Model was estimated among the variables. The present study is distinguished from previous studies by investigation of long term relationship between also The BFCIUS, exchange rate. Data base is containing from the exchange rate index, international reserve index, Money supply index and BFCIUS variables presented by Bloomberg and monthly data includes 1015 observations done in the period of March 2000 – January 2017.

scholarly journals THE EFFECT OF INFLATION, BI RATE AND EXCHANGE ON PROFITABILITY IN SHARIA BANKING IN INDONESIA PERIOD OF 2009-2019

2022 ◽  
Vol 2 (1) ◽  
pp. 1-8
Author(s):  
Fuadi Fuadi ◽  
Ahmad Fauzul Hakim Hasibuan ◽  
Saparuddin Saparuddin ◽  
Sugianto Sugianto
Keyword(s):  
Exchange Rate ◽  
Financial Services ◽  
Secondary Data ◽  
Sampling Technique ◽  
Islamic Banking ◽  
Return On Assets ◽  
Insignificant Effect ◽  
Auto Regressive ◽  
Short And Long Term ◽  
The Exchange Rate

This study examined the effect of inflation, BI Rate, and exchange rate on profitability in Islamic banking in Indonesia during 2009-2019. The population and sample in this study were all Islamic banking in Indonesia obtained by purposive sampling technique. This study used quantitative secondary data sourced from financial statements accessed on the official website of Bank Indonesia and the Financial Services Authority. The data analysis method used was Vector Auto-Regressive (VAR) analysis with the help of Eviews 10. The results of the Variance Decomposition (VD) test showed that inflation could affect Return on Assets (ROA) of 0.62%. It indicated that inflation had a low or insignificant effect on the Return On Assets (ROA) of Islamic banking. BI Rate could affect the Return on Assets (ROA) of 0.13%, which indicated that inflation had a low or insignificant effect on the Return On Assets (ROA) of Islamic banking, while the exchange rate could affect the Return on Assets (ROA) of 1.89%, which indicated that the exchange rate had a significant effect on the Return On Assets (ROA) of Islamic banking. Based on the results of this study, it concluded that the exchange rate was more dominant in influencing the Return on Assets (ROA) of Islamic banking in the short and long term.

scholarly journals PENGARUH PDB, INFLASI, KURS DAN TINGKAT SUKU BUNGA TERHADAP NERACA PERDAGANGAN INDONESIA

2021 ◽  
Vol 16 (2) ◽  
Author(s):  
Ilham Tri Murdo ◽  
Junaidi Affan
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Interest Rates ◽  
Empirical Evidence ◽  
Trade Balance ◽  
Quantitative Research ◽  
Insignificant Effect ◽  
Independent Variable ◽  
The Exchange Rate

Abstract   This study is to determine the extent to which the independent variable factors (GDP, Inflation, Exchange and Interest Rates) affect the dependent variable (Trade Balance) in the last 20 years. Quantitative research aims to obtain empirical evidence regarding the effect of the variables of GDP, Inflation, Exchange Rates and Interest Rates on the Trade Balance, and also to test hypotheses to strengthen or even reject the hypothesis. With the following results: GDP has a negative and insignificant effect on the Trade Balance, Inflation has a negative and significant effect on the Trade Balance, the Exchange Rate has no and no significant effect on the Trade Balance, Interest Rates have no and no significant effect on the Trade Balance and GDP, INflation , Exchange and Interest Rates together (simultaneously) have a significant and significant effect on the Trade Balance

scholarly journals ANALISIS KURS DAN PRODUKSI TEKSTIL TERHADAP IMPOR TEKSTIL DI INDONESIA

2021 ◽  
Vol 4 (1) ◽  
pp. 57
Author(s):  
Mauliza Mauliza ◽  
Devi Andriyani
Keyword(s):  
Regression Analysis ◽  
Exchange Rate ◽  
Data Analysis ◽  
Exchange Rates ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Analysis Method ◽  
Textile Production ◽  
The Exchange Rate

This study aims to determine the effect of exchange rates and textile production on textile imports in Indonesia. The data used in this study are secondary data obtained from the Central Bureau of Statistics and Bank Indonesia from 2009 quarter 1 to 2018 quarter 4. The data analysis method used in this study is the Multiple Linear Regression analysis method. The results show that the exchange rate variables partially has a positive and significant effect on the volume of textile imports in Indonesia. Partially, production has a positive and significant effect on the volume of textile imports in Indonesia. Simultaneously,  the exchange rate and textile production have a positive and significant effect on the volume of imports of Indonesian textiles. The magnitude of the effect of exchange rates and production on textile imports is 0.627 (62.7%), while those influenced by other variables outside this model are 0.373 (37.3%).Keywords: textile imports, exchange rates, production

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