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  • 标题:THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
  • 本地全文:下载
  • 作者:Ndari Surjaningsih ; Novi Maryaningsih ; Myrnawati Savitri
  • 期刊名称:Bulletin Ekonomi Moneter dan Perbankan
  • 印刷版ISSN:1410-8046
  • 电子版ISSN:2460-9196
  • 出版年度:2015
  • 卷号:16
  • 期号:4
  • 页码:373-394
  • DOI:10.21098/bemp.v16i4.25
  • 出版社:Bank Indonesia
  • 摘要: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.
  • 关键词:Profitability; Manufacturing industry; exchange rate
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