Jurnal Samudra Ekonomi dan Bisnis
Vol 13 No 2 (2022)

Pengaruh Variabel Makroekonomi terhadap Utang Luar Negeri di Negara ASEAN-7

Rafi Nur Abidin (Universitas Syiah Kuala)
Sofyan Syahnur (Universitas Syiah Kuala)
Suriani Suriani (Universitas Syiah Kuala)



Article Info

Publish Date
09 Jul 2022

Abstract

The purpose of this study is to analyze the effect of macroeconomic variables (economic growth, exchange rates, and inflation) on foreign debt in ASEAN-7 countries (Indonesia, Thailand, Vietnam, Philippines, Laos, Cambodia, and Myanmar) during the period 1996 to 2019 which using the Autoregressive Distributed Lag (ARDL) panel model. The results show that foreign debt in ASEAN-7 is positively and significantly affected by economic growth, exchange rates, and inflation in the long term, but not in the short term. Therefore, ASEAN-7 countries are expected to pay attention to increasing foreign debt, overcome by pragmatic macroeconomic policies, especially policies regarding exchange rates and inflation.

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Journal Info

Abbrev

jseb

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

FOCUS Jurnal Samudra Ekonomi dan Bisnis (JSEB) focused on economics, business and management studies and present developments through the publication of research articles, research report, and book reviews. Languages used in this journal are Indonesia and English. SCOPE Jurnal Samudra Ekonomi ...