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Journal : Economic Development Analysis Journal

Analysis of Indonesian Exports Demand in the ASEAN Region Taosige Wau
Economics Development Analysis Journal Vol 12 No 4 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i4.68481

Abstract

The dynamics of a country's exports are determined not only by the supply side but also by the demand side. This research examines the influence of the demand side on Indonesia's exports. Its primary aim is to analyze the effects of per capita income, inflation, and the exchange rates of partner countries on the demand for Indonesia's exports in the ASEAN region. The data used is panel data covering the observation period from 2000 to 2021, encompassing nine ASEAN member countries trading partners with Indonesia. The analytical method employed is a panel regression model using a random effects approach, estimated through the EGLS method. The findings indicate that an increase in per capita income, inflation, and the appreciation of partner countries' currencies against the USD can stimulate the demand for Indonesia's exports in the ASEAN region, albeit to varying degrees.
Economic Growth in OIC Countries: The Role of Political Stability Ahmad Nailul Hikam; Taosige Wau; Muhammad Ghafur Wibowo; Ibnu Muhdir
Economics Development Analysis Journal Vol 13 No 1 (2024): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Economic growth is an important indicator to assess the economic condition of a country. Various factors greatly influence economic growth, and one of the important factors is the country's political stability. This study aims to analyze the factors affecting OIC countries' economic growth. These factors are foreign direct investment, trade openness, human capital, tourism, and political stability. This study uses panel data from 28 OIC countries during the 2006-2020-time span. This study estimates the model using the Generalized Method of Moment (GMM) analysis technique. The estimation results show that all independent variables have a significant positive effect on the economic growth of OIC countries except foreign direct investment, which produces a negative effect. The interaction between political stability and other variables also produces a significant effect. The interaction effect can strengthen the influence of human capital and tourism on economic growth. The resulting interaction effect between political stability with FDI and trade openness weakens its influence on economic growth. Thus, the high political stability needed to increase economic growth in OIC countries depends on its interaction with other factors in economic growth