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The Effect of Export and Import on Economic Growth in Indonesia

Author

Listed:
  • Heppi Millia

    (Department of Economics, Universitas Halu Oleo, Kendari 93232, Indonesia)

  • Muh. Syarif

    (Department of Economics, Universitas Halu Oleo, Kendari 93232, Indonesia)

  • Pasrun Adam

    (Department of Mathematics, Universitas Halu Oleo, Kendari 93232, Indonesia.)

  • Manat Rahim

    (Department of Economics, Universitas Halu Oleo, Kendari 93232, Indonesia)

  • Gamsir Gamsir

    (Department of Economics, Universitas Halu Oleo, Kendari 93232, Indonesia)

  • Rostin Rostin

    (Department of Economics, Universitas Halu Oleo, Kendari 93232, Indonesia)

Abstract

This research aims to examine the effect of export and import on economic growth. The data used are time series data consisting of export, import and economic in period 2004Q1-2018Q1. The test results using the autoregressive distributed lag (ARDL) model indicates that in the short and long run, there is the effect of export and import on economic growth. In the long run, every 1% of the decline in import lead to the 1.17% increase of the economic growth, while 1% increase in export lead to the 1.83% increase of the economic growth.

Suggested Citation

  • Heppi Millia & Muh. Syarif & Pasrun Adam & Manat Rahim & Gamsir Gamsir & Rostin Rostin, 2021. "The Effect of Export and Import on Economic Growth in Indonesia," International Journal of Economics and Financial Issues, Econjournals, vol. 11(6), pages 17-23.
    • Handle: RePEc:eco:journ1:2021-06-3
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    References listed on IDEAS

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    9. Khaled R.M. ELBEYDI & Abdulbaset M. HAMUDA & Vladimir GAZDA, 2010. "The Relationship between Export and Economic Growth in Libya Arab Jamahiriya," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 1(1(542)), pages 69-76, January.
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    More about this item

    Keywords

    Export; import; economic growth; ARDL model;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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