THE EFFECT OF INTERNATIONAL TRADE AND THE RUPIAH EXCHANGE RATE ON INDONESIAN ECONOMIC GROWTH

Anindita Ajeng Nur Annisa, Desmintari Desmintari

Abstract


Economic growth is a real picture of the impact of a development policy implemented, especially in the economic sector. The purpose of this study is to determine the effect of exports on Indonesia's economic growth, to determine the effect of imports to Indonesia's economic growth and to determine the effect of the exchange rate on Indonesia's economic growth. The data used in this study is secondary data that is time series from 1991-2020. The data was obtained from the Ministry of Trade and the Central Statistics Agency. From the results of the analysis, it can be concluded that the variables of exports, imports, and exchange rates based on a joint test, all variables together have a significant effect on Indonesia's economic growth at a significance level of 5%. While individually, the export variable has no negative effect on economic growth in Indonesia. Import and exchange rate variables have a positive effect on economic growth in Indonesia.


Keywords


Economic growth; Export; Import; Exchange rate

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