Artikel Ilmiah : C1G017015 a.n. AULIA SENDY SESARIA

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NIMC1G017015
NamamhsAULIA SENDY SESARIA
Judul ArtikelDETERMINANT OF FOREIGN EXCHANGE RESERVES IN INDONESIA FOR THE YEAR 2000 - 2023
Abstrak (Bhs. Indonesia)Penelitian ini bertujuan untuk menganalisis pengaruh kurs, PDB, inflasi, suku bunga dan defisit APBN terhadap cadangan devisa di Indonesia periode 2000-2023. Penelitian ini menggunakan data sekunder yang diperoleh dari Badan Pusat Statistik, Kementerian Perdagangan RI, World Bank, Bank Indonesia dan Kementerian Keuangan. Jumlah N dalam penelitian ini sebanyak 24 selama tahun 2000-2023. Teknik analisis yang digunakan adalah regresi data time series dengan menggunakan metode Analisis Regresi Linear Berganda (Ordinary Least Square).
Hasil dari penelitian ini menunjukkan bahwa variabel kurs dan PDB secara parsial berpengaruh positif dan signifikan terhadap cadangan devisa di Indonesia. Sedangkan variabel inflasi, suku bunga dan defisit APBN tidak berpengaruh terhadap cadangan devisa di Indonesia.
Implikasi pada penelitian ini bagi pemerintah utamanya, pemerintah dan Bank Sentral harus menjaga nilai tukarnya agar nilai mata uang tetap stabil. Selain itu, menawarkan insentif
ekspor seperti subsidi dan dukungan teknologi, serta memajukan pembangunan ekonomi melalui peningkatan investasi, peningkatan produktivitas, dan pembangunan infrastruktur, sangat penting untuk meningkatkan PDB dan kemampuan produksi.
Abtrak (Bhs. Inggris)The study aims to analyze the effect of exchange rates, GDP, inflation, interest rates, and state budget deficits on foreign exchange reserves in Indonesia for the covering period 2000-2023.
It utilizes secondary data sourced from the Central Bureau Statistics, Ministry of Trade of the Republic of Indonesia, World Bank, Bank Indonesia, and Ministry of Finance. The study encompasses a total of 24 observations from 2000 to 2023. The analytical method employed is time series data regression, specifically using the Ordinary Least Squares (OLS).
The results of this research show that the variables of exchange rate and GDP partially have a positive and significant effect on foreign exchange reserves in Indonesia. Meanwhile, the variables of inflation, interest rates and state budget deficit have no effect on foreign exchange reserves in Indonesia.
The implications of this research for government policy could pursue several key strategies. Primarily, the government and the Central Bank must maintain its exchange rate in order to keep the currency's value stable. Additionally, offering export incentives such as subsidies and technological support, along with advancing economic development through increased investment, productivity improvements, and infrastructure development, is crucial for raising GDP and production capabilities.
Keywords: Foreign Exchange Reserves, Exchange Rate, GDP, Inflation, Interest Rate and State Budget Deficit.
Kata kunciKeywords: Foreign Exchange Reserves, Exchange Rate, GDP, Inflation, Interest Rate and State Budget Deficit.
Pembimbing 1Dr. Arintoko, S.E., M.Si.
Pembimbing 2Bambang., S.E., M.Si.
Pembimbing 3
Tahun2024
Jumlah Halaman92
Tgl. Entri2024-08-27 14:06:39.083404
Cetak Bukti Unggah
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