IDEAS home Printed from https://ideas.repec.org/a/ris/dipjoe/9710.html
   My bibliography  Save this article

Analisis Keberlakuan Efek Kurva J pada Hubungan Bilateral Indonesia-ASEAN 5: 2010.1-2021.4

Author

Listed:
  • Ndaru Apsari, Muntaz

    (Departemen Ilmu Ekonomidan Studi Pembangunan, Fakultas Ekonomika dan Bisnis,Universitas Diponegoro, Semarang, Indonesia)

  • Xaverius Sugiyanto, Fransiscus

    (Departemen Ilmu Ekonomidan Studi Pembangunan, Fakultas Ekonomika dan Bisnis,Universitas Diponegoro, Semarang, Indonesia)

Abstract

This study was conducted to examine the J-curve effect in the bilateral relationship between Indonesia and the ASEAN-5 countries, as well as to understand how the AFTA and MEA programs related to economic openness influence the formation of the J-curve in this bilateral relationship. The variables used in this research are bilateral net exports between Indonesia and the ASEAN-5, bilateral real exchange rates, and the degree of bilateral economic openness between Indonesia and the ASEAN-5. Based on the results of the regression analysis, it indicates that the bilateral relationship between Indonesia and the ASEAN-5 during the period from Q1 2010 to Q4 2021 does not confirm the existence of the J-curve effect, and the degree of economic openness significantly influences bilateral net exports in the Indonesia-Thailand and Indonesia-Malaysia relationships. The elasticity of the real exchange rate and the degree of economic openness with respect to net exports is related to the existence and formation of the J-curve.

Suggested Citation

  • Ndaru Apsari, Muntaz & Xaverius Sugiyanto, Fransiscus, 2023. "Analisis Keberlakuan Efek Kurva J pada Hubungan Bilateral Indonesia-ASEAN 5: 2010.1-2021.4," Diponegoro Journal of Economics (DJOE), Faculty of Economics and Business, Universitas Diponegoro, vol. 12(3), pages 47-56, September.
  • Handle: RePEc:ris:dipjoe:9710
    as

    Download full text from publisher

    File URL: https://ejournal3.undip.ac.id/index.php/jme/article/view/39710/32308
    File Function: Full text
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:dipjoe:9710. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aris Munandar (email available below). General contact details of provider: https://edirc.repec.org/data/efdipid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.