ANALISIS PENGARUH EKSPOR DAN UTANG LUAR NEGERI TERHADAP CADANGAN DEVISA DI INDONESIA PERIODE 2000-2021
DOI:
https://doi.org/10.24114/niaga.v11i3.35877Keywords:
Foreign exchange, exports, foreign debtAbstract
The purpose of this study is to analyze the effect of exports and international debt on Foreign Exchange Reserves in Indonesia in 2000-2021. The data used in this study is secondary data time series obtained from the Badan Pusat Statistik and Bank Indonesia. The data analysis used is the classical assumption test (normality test, multicollinearity test, heteroscedasticity test and autocorrelation test), multiple linear regression and statistical tests (test coefficient of determination (R²), t test and F test) using the E-Views 10 application as analysis tool. Our results obtained Exports and Foreign Debt By simultaneously affect the foreign exchange reserves in Indonesia with a significance level α = 5% probability of F statistics obtained value probability of F statistics obtained value <α (0.05) ie 0.000 <0.05. Partially Export positive and significant impact on foreign exchange reserves, and Foreign Debt positive and significant impact on foreign exchange reserves. Variations of factors that influence the foreign exchange reserves is explained by exports and the Foreign Debt jointly effect of 96%. This means that approximately 94% of foreign exchange reserves is explained by the variable Exports and Foreign Debt.References
Badan Pusat Statistik.(2022). Indikator ekonomi, berbagai edisi.
Gujarati, Damodar.(2006). Dasar-Dasar Ekonometrika.Jakarta : Erlangga.
Hady, Hamdy.(2001). Ekonomi Internasional: Teori dan Kebijakan Perdagangan Internasional. Jakarta: Ghalia Indonesia.
Harinowo, Cyrillus. (2002). Utang Pemerintah. Jakarta: PT. Gramedia Pustaka Utama.
Juniantara, I. P. K. & Sri Budhi, M. K., (2012).Pengaruh Ekspor, Impor dan Kurs Terhadap Cadangan Devisa Nasional Periode 1999-2010. Jurnal Ekonomi Pembangunan Universitas Udayana, Vol 1, No. 1.
Kamaluddin, Rustian.(1998). Perdagangan dan Pinjaman Luar Negeri. Jakarta: Lembaga FE UI.
Kuswantoro, M. (2017). Analisis Pengaruh Inflasi, Kurs, Utang Luar Negeri dan Ekspor Terhadap Cadangan Devisa Indonesia. Jurnal Universitas Sultan Ageng Tirtayasa, 146-168
Mankiw N. Gregory,Dkk.(2013).Pengantar Ekonomi Makro, Edisi Asia. Jakarta : Penerbit Salemba Empat.
Putra, I. B. P. P. & Indrajaya, I. G. B.(2013).Pengaruh Tingkat Inflasi, Utang Luar Negeri, dan Suku Bunga Kredit Terhadap Cadangan Devisa Indonesia Tahun 1996- 2011, Jurnal Ekonomi Pembangunan Universitas Udayana, Vol 2, No. 11.
Putri, H. E. (2017). Pengaruh Ekspor, Penanaman Modal Asing dan Utang Luar Negeri Terhadap Cadangan Devisa di Indonesia. Jurnal Fakultas Ekonomi Universitas Riau, 240“252.
Sukirno,Sadono.(2004).Ekonomi Pembangunan. Jakarta : LPFE UI dan Bina Grafika.
Swara, D. A. (2018). Pengaruh Neto, Kurs, PDB dan Utang Luar Negeri Terhadap Cadangan Devisa Indonesia 1977-2016. E-Jurnal Ekonomi Pembangunan Universitas Udayana, 1199-1227.
Reny, A. d. (2014).Pengaruh Ekspor, Impor, Nilai Tukar Rupiah dan Tingkat Inflasi Terhadap Cadangan Devisa Indonesia. Jurnal Program Studi Akuntansi STIE Mikeoskil, 61-70.
Downloads
Published
Issue
Section
License
Authors who publish in this journal agree to the following terms:
- Authors retain copyright and grant the journal the right of first publication, with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share and adapt the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work, with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online before and during the submission process, as it can lead to productive exchanges and earlier and greater citation of published work. Where authors include such work in an institutional repository or on their website, we request that they include a statement acknowledging the Jurnal Perspektif Pembiayaan dan Pembangunan Daerah, including the name of the journal, the volume number, and a web link to the journal item.
- Authors should be aware that the Creative Commons Attribution 4.0 International License (CC BY 4.0) permits readers to share (copy and redistribute the work in any medium or format) and adapt (remix, transform, and build upon the work) for any purpose, even commercially, provided they also give appropriate credit to the work, provide a link to the license, and indicate if changes were made. They may do these things reasonably but not in any way that suggests the author or the publisher endorses their use.
NIAGAWAN by Program Studi Pendidikan Bisnis Fakultas Ekonomi Universitas Negeri Medan is licensed under CC BY-NC 4.0