ANALISIS FAKTOR MAKROEKONOMI TERHADAP PERMINTAAN INVESTASI PORTOFOLIO SAHAM PERTAMBANGAN DI INDONESIA
| Main Author: | NUR CHADIDJAH, ANNISA |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2018
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| Subjects: | |
| Online Access: |
https://eprints.untirta.ac.id/2783/1/ANALISIS%20FAKTOR%20MAKROEKONOMI%20TERHADAPPERMINTAAN%20INVESTASI%20PORTOFOLIO%20SAHAM%20PERTAMBANGAN%20DI%20INDONESIA.PDF https://eprints.untirta.ac.id/2783/ https://feb.untirta.ac.id/ |
Daftar Isi:
- This research empirically investigates the influence of interest rates, crude oil prices, real exchange rates, inflation rates, and market capitalization variables to mining stock demand in Indonesia during the period of January 2012 to December 2017 uses Error Correction Model (ECM). According to the ECM model, shows that there was a negative influence of crude oil prices and market capitalization to mining stock demand, whereas; the interest rates, real exchange rates, and inflation rates have positive impact to mining stock demand in the long- run. Furthermore, the result of error correction term shows has negative sign and significant as many as 0,6063. It means that the speed of adjustment to the equilibrium point in the short-run is 60,63%. Keywords : Macroeconomic Factors, Stock Portfolio, ECM