Macroeconomic Shocks to Non-Oil and Gas Exports to ASEAN Countries Amid Global Uncertainty
- DOI
- 10.2991/aebmr.k.201126.026How to use a DOI?
- Keywords
- Non- Oil and Gas Exports, Macroeconomics, VECM, Global Uncertainty
- Abstract
Global uncertainty has an impact on various aspects, one of which is the economy. Global uncertainties caused by various factors also affect international trade, especially exports. The purpose of this research is to see how the impact of macroeconomic shocks and global uncertainty on non-oil and gas commodities sent abroad from Indonesia to ASEAN countries. This study uses time series data from 2014 to 2019 in monthly form. Cointegration test and Vector estimation test The Error Correction Model (VECM) is an analytical tool in research. The variables used in this research are inflation, rupiah exchange rate, global oil price, and global uncertainty index. The results of this study found that in a short and long period of time each variable had a different effect on the quantity of non-oil and gas exports to each export destination country in ASEAN.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Hasdi Aimon AU - Hari Setia Putra AU - Farid Husein PY - 2020 DA - 2020/11/27 TI - Macroeconomic Shocks to Non-Oil and Gas Exports to ASEAN Countries Amid Global Uncertainty BT - Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020) PB - Atlantis Press SP - 221 EP - 238 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201126.026 DO - 10.2991/aebmr.k.201126.026 ID - Aimon2020 ER -