Journal of Economics, Law, and Humanities
Vol. 1 No. 2 (2022): Economics, Law, and Humanities

Pengaruh Inflasi dan Nilai Tukar terhadap Ekspor Produk Halal Indonesia Periode 2016-2020

Erika Sovia Zahrianti (Institut Agama Islam Negeri Ponorogo, Indonesia)
Wirawan Fadly (Institut Agama Islam Negeri Ponorogo, Indonesia)



Article Info

Publish Date
22 Sep 2022

Abstract

The potential for halal products in the global market is currently experiencing rapid development, marked by an increase in demand every year. However, as the largest Muslim country is still in the spotlight because of the low export of halal products and even far behind non-Muslim countries. It may be influenced by inflation and exchange rate fluctuations in Indonesia. This study uses time-series data for the period January 2016-December 2020 with the Auto-Regressive Distributed Lag Models (ARDL) analysis method. The results show that (1) Inflation has no significant effect on exports of halal products in the short and long term. (2) The exchange rate has a negative and significantly effect on exports of halal products in the short term, but has no significant effect in the long term. (3) Inflation and exchange rates simultaneously have a significant effect on the export of halal products with a contribution of 32.06%.

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Journal Info

Abbrev

jelhum

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Journal of Economics, Law, and Humanities, published by Islamic Economics and Islamic Family Law Departments, Postgraduate of State Islamic Departments Institute (IAIN) Ponorogo since 2022. The subject covers various perspectives of Islamic economics, legal drafting and Islamic family law, Islam and ...