THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA

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...

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Main Authors: Ndari Surjaningsih, Novi Maryaningsih, Myrnawati Savitri
Format: Article
Language:Indonesian
Published: Bank Indonesia 2014-10-01
Series:Bulletin Ekonomi Moneter dan Perbankan
Online Access:https://www.bmeb-bi.org/index.php/BEMP/article/view/25
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spelling doaj-c19d223cd89b4415a09e10504461eeef2020-11-24T21:42:47ZindBank IndonesiaBulletin Ekonomi Moneter dan Perbankan1410-80462460-91962014-10-0116437339410.21098/bemp.v16i4.2525THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIANdari SurjaningsihNovi MaryaningsihMyrnawati SavitriThis 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, L6https://www.bmeb-bi.org/index.php/BEMP/article/view/25
collection DOAJ
language Indonesian
format Article
sources DOAJ
author Ndari Surjaningsih
Novi Maryaningsih
Myrnawati Savitri
spellingShingle Ndari Surjaningsih
Novi Maryaningsih
Myrnawati Savitri
THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
Bulletin Ekonomi Moneter dan Perbankan
author_facet Ndari Surjaningsih
Novi Maryaningsih
Myrnawati Savitri
author_sort Ndari Surjaningsih
title THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
title_short THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
title_full THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
title_fullStr THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
title_full_unstemmed THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
title_sort threshold of real exchange rate and the performance of manufacturing industry in indonesia
publisher Bank Indonesia
series Bulletin Ekonomi Moneter dan Perbankan
issn 1410-8046
2460-9196
publishDate 2014-10-01
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
url https://www.bmeb-bi.org/index.php/BEMP/article/view/25
work_keys_str_mv AT ndarisurjaningsih thresholdofrealexchangerateandtheperformanceofmanufacturingindustryinindonesia
AT novimaryaningsih thresholdofrealexchangerateandtheperformanceofmanufacturingindustryinindonesia
AT myrnawatisavitri thresholdofrealexchangerateandtheperformanceofmanufacturingindustryinindonesia
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