The Impact of Exchange Rate Volatility on Indonesian Exports 2000:01-2010:09
| Main Authors: | , M. IKHSAN, SE., , Dr. Muhammad Edhie Purnawan, MA. |
|---|---|
| Format: | Thesis NonPeerReviewed |
| Terbitan: |
[Yogyakarta] : Universitas Gadjah Mada
, 2011
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| Subjects: | |
| Online Access: |
https://repository.ugm.ac.id/88469/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=50517 |
Daftar Isi:
- This paper examines the impact of exchange rate volatility on export flows of Indonesia to its five major trading partners for the period 2000:1-2009:09. Estimates of the cointegrating relations are obtained using Johansen�s multivariate procedure. Estimates of the short-run dynamics are obtained for each country using the error-correction technique. The major results show that increases in the volatility of the nominal exchange rate, approximating exchange rate uncertainty, yield a significant negative effect on export demand in both the short-run and the long run in each of the Indonesian exports.