Rosamia, Sharon
(2018)
Analysis factor that affecting Indonesian rubber export volume to USA on period 1989 - 2017.
Bachelor thesis, Universitas Pelita Harapan.
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Abstract
Rubber take an important role in Indonesian Economic. As the second largest rubber exporter, Indonesian rubber industry must be really substantial for global market. 13,142% of Indonesian GDP is contribution from agriculture, forest, and fishery. US is the largest destination country for Indonesian rubber export. This research used an autoregressive distributed lag regression (ARDL) model on 29-years annually data for the period 1989-2017 to find the empirical evidence of some economics determinants towards Indonesian rubber export to US. This research used US-IDR exchange rate, US GDP, Indonesian rubber price for US, and US population as the proxy of economic liberalization. The use of ARDL estimation is caused by the stationarity statuses of variables. The result shown that US-IDR exchange rate and US GDP significantly impacting Indonesian rubber export volume to US, while Indonesian rubber price for US and US population are insignificantly impacting Indonesian rubber export volume to US. This research has provided better understanding on the nature of export from Indonesia to US and its correlation with economic factors.
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