Exports, Imports, Inflation, BI Rates and Their Implications for Indonesia Composite Index (ICI) in Indonesia 2018-2022
DOI:
https://doi.org/10.47577/business.v7i.10868Abstract
The purpose of this study is to ascertain the impact of imports, exports, inflation, and BI rates on Indonesia Composite Index (ICI) over the years 2018–2022. This study's findings are discussed in relation to inflation, imports, exports, BI rates, and ICI. Theories pertaining to that field are the method used in this regard. This study was carried out in Indonesia. Research of this kind is quantitative in nature. Central Agency of Statistics provided time series secondary data for this study in the form of publications on imports, exports, inflation, BI rates, and ICI for the period of January 2018 to December 2022.The explanatory approach was the research methodology employed in this study. Multiple linear regression analysis and descriptive analysis are the data analysis methods used in this study. The study's findings partially indicate that while imports and inflation have little bearing on the ICI, exports and BI rates do. The study's findings concurrently demonstrate that the ICI is impacted by inflation, imports, exports, and BI rates.
References
Annur, C.M. (2023) IHSG Ditutup Naik Seiring Penguatan Ekonomi Indonesia (Senin, 7 Agustus 2023), databoks.katadata.co.id. Available at: https://databoks.katadata.co.id/datapublish/2023/08/07/ihsg-ditutup-naik-seiring-penguatan-ekonomi-indonesia-senin-7-agustus-2023.
Apriliana, T. (2023) ‘Faktor-Faktor Penentu Resesi di Indonesia’, Ekonomis: Journal of Economics and Business, 7(2), pp. 741–749. Available at: http://ekonomis.unbari.ac.id/index.php/ojsekonomis/article/view/757.
Apriliana, T., Saudi, M.H. and Sinaga, O. (2021) ‘The Effect of Export-Import on Economic Growth During The Covid-19 Pandemic in Indonesia: An Investigation from Multiple Geographical Settings in Indonesia And Across Borders’, RIGEO: Review of International Geographical Education Online, 11(1), pp. 596–600. Available at: https://rigeo.org/menu-script/index.php/rigeo/article/view/355.
Artini, L.G.S. et al. (2017) ‘Analisis Fundamental Makro Dan Integrasi Pasar Saham Dunia dengan Bursa Efek Indonesia’, Matrik: Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan, 11(2), pp. 128–135. Available at: https://ojs.unud.ac.id/index.php/jmbk/article/view/25392.
Aulia, G. (2022) Apa itu IHSG? Ini Pengertian, Fungsi, dan Faktor yang Mempengaruhi, katadata.co.id. Available at: https://katadata.co.id/agung/ekonopedia/63936938cf9bf/apa-itu-ihsg-ini-pengertian-fungsi-dan-faktor-yang-mempengaruhi.
BankIndonesia (2016) Suku Bunga, bi.go.id. Available at: https://www.bi.go.id/id/statistik/metadata/seki/Documents/8_Suku_Bunga_Indo_DPM SEKI_2016 (Indonesia) new.pdf.
Berata, I.K.O. (2013) Panduan Praktis Ekspor Impor. Bekasi: Raih Asa Sukses.
Lestari, E. (2021) ‘Tingkat Suku Bunga SBI, Tingkat Inflasi Dan Indeks Harga Saham Gabungan (IHSG) di Bursa Efek Indonesia (BEI)’, Jurnal EKSEKUTIF, 18(2), pp. 99–110. Available at: https://jurnal.ibmt.ac.id/index.php/jeksekutif/article/view/286.
Martalena and Malinda (2011) Pengantar Pasar Modal. Pertama. Yogyakarta: Andi.
Mulachela, H. (2022) IHSG Adalah Ringkasan Kondisi Pasar Modal, Begini Cara Membacanya, katadata.co.id. Available at: https://katadata.co.id/safrezi/berita/620e14708a2d1/ihsg-adalah-ringkasan-kondisi-pasar-modal-begini-cara-membacanya#:~:text=Cara Membaca IHSG&text=Nilai Dasar%3A kumulatif jumlah saham,tercatat dikali dengan harga pasar.
Safitri, F.A. (2016) ‘Analisis Pengaruh Ekspor, Impor Dan Foreign Direct Investment (FDI) terhadap Indeks Harga Saham Gabungan (IHSG) Periode 1982-2016’, Jurnal Ilmiah Mahasiswa FEB Universitas Brawijaya, 5(2), pp. 1–18. Available at: https://jimfeb.ub.ac.id/index.php/jimfeb/article/view/3743.
Sukirno, S. (2011) Ekonomi Pembangunan Proses, Masalah dan Dasar Kebijakan. Jakarta: Prenada Media Grup.
Sumantri, F. and Latifah, U. (2021) ‘Analisis Pengaruh Ekonomi Makro terhadap Indeks Harga Saham Gabungan Periode 2015-2019’, DIALEKTIKA: Jurnal Ekonomi dan Ilmu Sosial, 6(2), pp. 11–21. Available at: https://ejournal.uniramalang.ac.id/index.php/dialektika/article/view/617.
Sunariyah (2013) Pengantar Pengetahuan Pasar Modal. Keempat. Yogyakarta: Unit Penerbit dan Percetakan AMP YKPN.
T.Y, R.R.L. and Tarmidi, D. (2021) ‘The Effect of Export, Import, and Public Education Expenditure on Foreign Exchange Reserves: A Geographical Perspective Study on Indonesia’, RIGEO: Review of International Geographical Education Online, 11(1), pp. 456–468. Available at: https://rigeo.org/menu-script/index.php/rigeo/article/view/342.
Tandelilin, E. (2010) Portofolio dan Investasi Teori Aplikasi. Pertama. Yogyakarta: Kanisius.
Tandjung, M. (2011) Aspek dan Prosedur Ekspor Impor. Jakarta: Salemba Empat.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Muhammad Ali, Syafrizal Ikram, Suryana, Sendi Gusnandar Arnan

This work is licensed under a Creative Commons Attribution 4.0 International License.