THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
Bulletin of Monetary Economics and Banking
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Title |
THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
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Creator |
Surjaningsih, Ndari
Maryaningsih, Novi Savitri, Myrnawati |
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Description |
This paper analyzes the presence of the threshold of the real rupiah exchange rate which influences the profitability of manufacturing industry in Indonesia. By using a non-dynamics panel data over medium and large scale companies during 2001-2009, we found the threshold of 82.4 for the real rupiah exchange rate (REER). The REER index ranging from 82.24 to 101.13 with the change value between -5.01% and 20.09% (yoy) is secure for the profitability of Indonesian manufacturing industry. This paper also conform the significant affect of Total Factor Productivity on firm’s profitability. Keywords: Profitability, Manufacturing industry, exchange rate JEL classification: F1, D21, L6
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Publisher |
Bank Indonesia
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Date |
2014-10-27
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://www.bmeb-bi.org/index.php/BEMP/article/view/25
10.21098/bemp.v16i4.25 |
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Source |
Buletin Ekonomi Moneter dan Perbankan; Vol 16 No 4 (2014): APRIL; 373-394
Buletin Ekonomi Moneter dan Perbankan; Vol 16 No 4 (2014): APRIL; 373-394 2460-9196 1410-8046 |
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Language |
ind
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Relation |
https://www.bmeb-bi.org/index.php/BEMP/article/view/25/18
10.21098/bemp.v16i4.25.g18 |
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Rights |
Copyright (c) 2015 Ndari Surjaningsih, Novi Maryaningsih, Myrnawati Savitri
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