Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

Analysis and Measurement of the Impact of Export Value, Import Value, Exchange Rate, and Inflation on Indonesia Budget Deficit 1996–2021

Authors
Elva Vonny Ventika1, Eni Setyowati1, *
1Faculty of Economics and Business, University of Muhammadiyah Surakarta, Surakarta, Indonesia
*Corresponding author. Email: es241@ums.id
Corresponding Author
Eni Setyowati
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_3How to use a DOI?
Keywords
Budget Deficit; Export; Import; Exchange Rate; Inflation; OLS
Abstract

The economic development of a country requires a comprehensive policy carried out by the Government through the APBN. This policy can cause a budget deficit, where expenditure is more significant than income. It was due to high imports and declining exports, the weakening exchange rate against the dollar, and high inflation. This study analyzes and measures the impact of imports, exports, exchange rates, and inflation on Indonesia's budget deficit. The data used in this study is time series data from 1996–2021 obtained from the Indonesian Ministry of Finance, the World Bank, and Bank Indonesia. The data analysis method used is ordinary least squares (OLS). The analysis results show that exports positively and significantly affect the budget deficit. Imports have a positive and insignificant effect on the budget deficit. Meanwhile, the exchange rate and inflation negatively and significantly affect the budget deficit. Suggestions that the Government must are to perfect policies for economic development in Indonesia and future researchers to find other variables so that research is better than before.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
10.2991/978-94-6463-204-0_3
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_3How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Elva Vonny Ventika
AU  - Eni Setyowati
PY  - 2023
DA  - 2023/10/04
TI  - Analysis and Measurement of the Impact of Export Value, Import Value, Exchange Rate, and Inflation on Indonesia Budget Deficit 1996–2021
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 15
EP  - 24
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_3
DO  - 10.2991/978-94-6463-204-0_3
ID  - Ventika2023
ER  -