Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal International Journal of Management, Entrepreneurship, Social Science and Humanities (IJMESH)
Akbar, Chaerul
Unknown Affiliation
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Empirical Analysis of the Impact of Exports and Imports on Inflation in Indonesia Aji, Rizqon Halal Syah; Subekti, Rizki Dito; Akbar, Chaerul
International Journal of Management, Entrepreneurship, Social Science and Humanities Vol. 8 No. 2 (2025): January - June Volume
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijmesh.v8i2.3171

Abstract

This study aims to analyze the impact of exports and imports on inflation in Indonesia. The analysis considers macroeconomic variables such as money supply, interest rates, exchange rates, and foreign exchange reserves during 2014-2023. Studying inflation in Indonesia is crucial because it affects economic stability, purchasing power, and policy effectiveness. The Error Correction Model (ECM) is used, which allows for the analysis of long-term and short-term dynamics. The unit root test for stationery and Johansen’s co-integration tests were carried out to examine long-term relationships. The multicollinearity, autocorrelation, and heteroscedasticity tests are applied to the Best Linear Unbiased Estimators (BLUE) assumption. The estimation results indicate that exports significantly affect inflation, whereas imports do not. Foreign exchange reserves have a negative and significant impact, whereas the amount of money in circulation is insignificant. This emphasizes the importance of adaptive monetary policy, a more competitive export strategy, and more flexible management of foreign exchange reserves to maintain inflation stability in Indonesia. Bank Indonesia must consider the persistence of inflation when determining its interest rate policy and controlling liquidity so that its impact on the economy can be more controlled.
Co-Authors Rizqon Halal Syah Aji, Rizqon Halal Subekti, Rizki Dito