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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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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1725917071854796800 |