ANALYSIS OF INDONESIAN COAL EXPORTS TO THE TOP LARGEST IMPORTING COUNTRIES
DOI:
https://doi.org/10.32815/jibeka.v18i3.2230Keywords:
Coal Export Value, Exchange Rate, GDP, InfrastructureAbstract
Indonesia with abundant natural resources optimizes its superior commodities in trade in the global market. This lesson aims to analyze the factors that affect the value of Indonesian coal exports as a superior commodity. The research method uses panel data regression analysis in 2009 - 2022 and a cross-section of the ten largest destination countries for Indonesian coal exports. The comes about appeared that in part the sum of production, Indonesian GDP, and reference coal cost had a noteworthy and positive impact on trade value, framework had a noteworthy and negative impact on send out value, GDP of bringing in nations and swelling had no noteworthy and positive impact on send out value, trade rate, the populace of bringing in nations had no noteworthy and negative impact on send out value and at the same time the free factors together had an impact on the subordinate variable. This research can be used as a strategic guide in increasing production, maintaining exchange rate stability, encouraging economic growth, and improving infrastructure to support Indonesia's coal export sector. The shortcomings of this lesson are that it does not consider data stationarity and influence in the short and long term.
References
Adriansyah, T., & Rozaini, N. (2023). Analisis Pengaruh Nilai Kurs dan Jumlah Produksi Terhadap Ekspor Batubara Indonesia (Tahun 2005-2015). Jurnal Ilmiah Multidisipline, 1(4), 2986–6340. https://doi.org/10.5281/zenodo.7913445
Akdoğan, K., Bağır, Y. K., & Torun, H. (2023). Heterogeneous effect of exchange rates on firms’ exports: Role of labor intensity. Central Bank Review, 23(3). https://doi.org/10.1016/j.cbrev.2023.100130
Anggraini, D., Purnama, N. I., & Harahap, S. H. (2022). Meningkatkan Perekonomian Masyarakat Dengan Memanfaatkan Sumber Daya Alam Melalui Media Sosial Di Desa Timbang Lawan. https://doi.org/https://doi.org/10.53695/jas.v3i3.766
Atmaja, I. D. G. (2022). Indonesian Marine Resources Law Perspective of Marine Tourism Development. In Journal Equity of Law and Governance (Vol. 2, Issue 2). https://doi.org/10.55637/elg.2.2.5766.103-110
Azizah, I. A., & Soelistyo, A. (2022). Analisis Faktor-Faktor yang Mempengaruhi Ekspor Batubara Indonesia Tahun 2014-2020. In Jurnal Ilmu Ekonomi (JIE) (Vol. 6, Issue 4). https://doi.org/https://doi.org/10.22219/jie.v6i4.22608
Barasyid, A. I., & Setiawati, R. I. (2023a). Analisis Pengaruh Kurs, Inflasi, dan Harga Batubara Acuan Terhadap Eskpor Batubara Indonesia ke China (Vol. 11, Issue 1). https://doi.org/http://dx.doi.org/10.24127/pro.v11i1.7854
Barasyid, A. I., & Setiawati, R. I. S. (2023b). Analisis Pengaruh Kurs, Inflasi, dan Harga batubara Acuan Terhadap Ekspor Batubara Indonesia ke China (Vol. 11, Issue 1).
Da Silva, V. do C., Krisnamurthi, B., & Harmini. (2023). Analisis Faktor-Faktor Yang Memengaruhi Ekspor Ikan Tuna Beku Indonesia. Forum Agribisnis, 13(2), 164–178. https://doi.org/10.29244/fagb.13.2.164-178
Hamdani, R., Supristiwendi, & Saragih, F. H. (2023). Faktor-faktor yang Mempengaruhi Ekspor Kelapa (Cocos Nucifer L) di Indonesia. In Bisnis dan Akuntansi (Vol. 2, Issue 6). http://bajangjournal.com/index.php/JEMBA
Hodijah, S., & Angelina, G. P. (2021). Analisis Pengaruh Ekspor dan Impor Terhadap Pertumbuhan Ekonomi di Indonesia. Jurnal Manajemen Terapan Dan Keuangan, 10(01), 53–62. https://doi.org/10.22437/jmk.v10i01.12512
Huang, H., Cheng, X., Wei, L., Liu, D., & Deng, M. (2024). Are natural resources a driving force for financial development or a curse for the economy? Policy insight from Next-11 countries. Resources Policy, 88, 104466. https://doi.org/10.1016/j.resourpol.2023.104466
Huang, W.-Q., & Liu, P. (2023). Cross-market risk spillovers among sovereign CDS, stock, foreign exchange and commodity markets: An interacting network perspective. International Review of Financial Analysis, 90, 102875. https://doi.org/10.1016/j.irfa.2023.102875
Hutabarat, A. H., Lubis, F. A., & Nasution, J. (2023). Pengaruh Produksi, Nilai Tukar dan Inflasi Terhadap Ekspor Lemak dan Minyak Hewan/Nabati di Sumatera Utara. Jurnal Ekonomi Dan Bisnis Islam (JEBI), 3(1), 213–228. https://doi.org/10.56013/jebi.v3i1.2022
Lean, H. H., & Smyth, R. (2010). Multivariate Granger causality between electricity generation, exports, prices and GDP in Malaysia. Energy, 35(9), 3640–3648. https://doi.org/10.1016/j.energy.2010.05.008
Lyu, C., Xiao, Z., & Pu, Y. (2023). Financial openness and firm exports: Evidence from Foreign-owned Banks in China. International Review of Financial Analysis, 87, 102614. https://doi.org/10.1016/j.irfa.2023.102614
Manilet, M. S., Kumenaung, A. G., & Rompas, W. F. I. (2023). Analisis Pengaruh Produk Domestik Regional Bruto Per Kapita, Investasi, dan Inflasi Terhadap Total Ekspor di Provinsi Sulawesi Utara Tahun 2008-2022. https://ejournal.unsrat.ac.id/v3/index.php/jbie/article/view/50308
Maulani, R. D., & Wahyuningsih, D. (2021). Analisis Ekspor Kopi Indonesia pada Pasar Internasional. Pamator Journal, 14(1), 27–33. https://doi.org/10.21107/pamator.v14i1.8692
Moreira, R. R. (2014). Commodities Prices Volatility, Expected Inflation and GDP Levels: An Application for a Net-exporting Economy. Procedia Economics and Finance, 14, 435–444. https://doi.org/10.1016/s2212-5671(14)00732-1
Pramastya, A. F. (2023). Analisis Faktor-Faktor yang Mempengaruhi Ekspor Udang Indonesia Terhadap Enam Negara Tujuan.
Pratomo, G., Clara, O., & Saputra, C. (2022). Analisis Determinan Ekspor Minyak Kelapa Sawit Indonesia Pada Negara Asia-6 Tahun 2011-2020 (Vol. 04, Issue 1). Pratomo, G., & Saputra, O. C. C. (2022). Analisis Determinan Ekspor Minyak Kelapa Sawit Indonesia Pada Negara Asia-6 Tahun 2011-2020 (Vol. 04, Issue 1).
Pujiriyani, D. W. (2022). Deagrarianization Problem and The Implications on Agricultural Policy in Indonesia. https://doi.org/10.29313/mimbar.v0i0.9
Rahmah, A. E. (2020). Analisis Determinan Ekspor Kayu Tropis Indonesia dengan Pendekatan Gravity Model. https://etd.usk.ac.id/index.php?p=show_detail&id=79914#:~:text=ANALISIS%20DETERMINAN%20EKSPOR%20KAYU%20TROPIS%20INDONESIA%20DENGAN,Inggris%20%C2%B7%20Tulisan%20Relevan%20%C2%B7%20Detail%20Cantuman.
Reddy, T. K., & Lakshmi, V. D. M. V. (2020). Role of Exports in Economic Growth: Evidence from India. Economic Affairs (New Delhi), 65(4), 481–490. https://doi.org/10.46852/0424-2513.4.2020.2
Shah, Z., Zaman, K., Khan, H. ur R., & Rashid, A. (2022). The Economic Value of Natural Resources and Its Implications for Pakistan’s Economic Growth. Commodities, 1(2), 65–97. https://doi.org/10.3390/commodities1020006
Sitanini, A., Sutanto, A., & Wijayanti, I. K. E. (2020). Faktor-faktor yang Mempengaruhi Volume Ekspor Kopi Indonesia ke Jepang. https://jurnal.unej.ac.id/index.php/JSEP
Suprapto, Y., Amanda, N., & Studi Manajemen, P. (2023). YUME: Journal of Management Analisa Hubungan Harga CPO Dunia, GDP Indonesia dan Produksi Sawit Indonesia terhadap Nilai Ekspor Indonesia. In YUME: Journal of Management (Vol. 6, Issue 2). https://journal.stieamkop.ac.id/index.php/yume/article/view/3981/2598
Suprapto, Y., Kelvin, Amanda, N., & Melissa. (2023). YUME: Journal of Management Analisa Hubungan Harga CPO Dunia, GDP Indonesia dan Produksi Sawit Indonesia terhadap Nilai Ekspor Indonesia. In YUME: Journal of Management (Vol. 6, Issue 2).
Tran, T. A. D., Phi, M. H., & Thai, L. (2020). Global value chains and the missing link between exchange rates and export diversification. International Economics, 164, 194–205. https://doi.org/10.1016/j.inteco.2020.10.001
Trirahayuni, Anwar, K., Sari, C. P. M., & Usman, U. (2023). Faktor-faktor yang mempengaruhi Ekspor Kopi Arabika ke Asia. https://doi.org/10.29103/jepu.v6i1.12298
Urgessa, O. (2024). Effects of real effective exchange rate volatility on export earnings in Ethiopia: Symmetric and asymmetric effect analysis. Heliyon, 10(1). https://doi.org/10.1016/j.heliyon.2023.e23529
Wang, H., Hao, L., Wang, W., & Chen, X. (2023). Natural resources lineage, high technology exports and economic performance: RCEP economies perspective of human capital and energy resources efficiency. Resources Policy, 87, 104297. https://doi.org/10.1016/j.resourpol.2023.104297
Wijaya, D., Handayani, S., Lesmana, I., Pertumbuhan, A., & Indonesia, E. (2023). Analisis Pertumbuhan Ekonomi Indonesia, Nilai Tukar, Inflasi, Jumlah Penduduk, dan Pertumbuhan PDB Terhadap Nilaia Ekspor Alas Kaki Indonesia Tahun 2005-2021. In Accounting Cycle Journal (Vol. 4, Issue 1).
Yahya, M. Th., Sabah, O. H., & Hamdoun, M. R. (2020). The Reality of Developing Country Exports and its Impact on Economic Growth For the Period 1995-2018. TANMIYAT AL-RAFIDAIN, 39(127), 103. https://doi.org/10.33899/tanra.20
Zahrianti Erika, S., & Fadly, W. (2022). Pengaruh Inflasi dan Nilai Tukar terhadap Ekspor Produk Halal Indonesia Periode 2016-2020. https://www.salaamgateway.com/specialcoverage/SGIE20-21.
Zhong, S., & Su, B. (2023). Assessing factors driving international trade in natural resources 1995–2018. Journal of Cleaner Production, 389, 136110. https://doi.org/10.1016/j.jclepro.2023.136110
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Putri Alif Sya’diyah, Aris Soelistyo, Muhammad Khoirul Fuddin
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Jurnal Ilmiah Bisnis dan Ekonomi Asia is Open Access which means makes all of the content of the article in this journal available for free to the public. Any part of the manuscripts in this journal can be downloaded, shared, mixed, reused, and processed by the public. However, they should acknowledge the author and share with the same license selected by the journal manager.
