Journal of Malikussaleh Public Economics
Vol 4, No 2 (2021): JOURNAL OF MALIKUSSALEH PUBLIC ECONOMICS

ANALYSIS OF FOREIGN DEBT IN INDONESIA

Muhammad Refo Sayuti (Fakultas Ekonomi dan Bisnis Universitas Malikussaleh)
Ichsan Ichsan (Fakultas Ekonomi dan Bisnis Universitas Malikussaleh)
Khairil Anwar (Fakultas Ekonomi dan Bisnis Universitas Malikussaleh)



Article Info

Publish Date
31 Dec 2021

Abstract

This study aims to determine the short run and long-run effects of foreign exchange reserves, exports, and the dollar exchange rate on the foreign debts of Indonesia. This study uses time-series data during 1994-2020. The study employs the Autoregressive Distributed  Lag  (ARDL)  approach  with  the  help  of  Eviews  9. The results in the short-run equation model showed that the foreign exchange reserve had a positive and significant effect on the foreign debts of Indonesia, while exports and the exchange rate dollar has a positive but insignificant effect on the foreign debts of Indonesia. In the long run, the foreign exchange reserves and exports has a negative and insignificant effect on the foreign debts of Indonesia, while the dollar exchange rate has a positive but insignificant effect on Indonesia's foreign debt.

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Journal Info

Abbrev

jompe

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Fokus Kajian dalam Jurnal ini Adalah Pengeluaran Pemerintah , Pendapatan Pemerintah,Penetua Kebijakan Pemerintah dan Perusahaan, Penerapan Ekonomi Modern, Metode analissi ...