Articlegold2021

THE EFFECT OF EXPORT AND IMPORT ON ECONOMIC GROWTH IN INDONESIA

Heppi Millia · Pasrun Adam · Manat Rahim · Gamsir Gamsir · Rostin Rostin

20 citations0/0 files storedInternational Journal of Economics and Financial Issues

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Global trade and economics Monetary Policy and Economic Impact Economic Growth and Productivity

Abstract

This research aims to examine the effect of export and import on economic growth. The data used are time series data consisting of export, import and economic in period 2004Q1-2018Q1. The test results using the autoregressive distributed lag (ARDL) model indicates that in the short and long run, there is the effect of export and import on economic growth. In the long run, every 1% of the decline in import lead to the 1.17% increase of the economic growth, while 1% increase in export lead to the 1.83% increase of the economic growth.Keywords: Export, import, economic growth, ARDL modelJEL Classifications: C130, F140, F430DOI: https://doi.org/10.32479/ijefi.11870

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References

2001Bounds testing approaches to the analysis of level relationships 1988Testing for a Unit Root in Time Series Regression 1981Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root 2009Why do some resource-abundant countries succeed while others do not?2006Causality between exports, imports, and economic growth: Evidence from transition economies 2017IMPACT OF EXPORTS AND IMPORTS ON ECONOMIC GROWTH: NEW EVIDENCE FROM PANAMA 2008Export, Import and Economic Growth: The Case of Transition Economies 2006Autoregressive distributed lag models and cointegration

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