Analysis of Monetary Instability Factors towards the Indonesian Automotive Industry

Authors

  • Herry Wira Wibawa Universitas Borobudur, Jakarta
  • Hendry Muhammad Ali Universitas Borobudur, Jakarta
  • Rizal Riyadi Institut Bisnis dan Informatika Kesatuan

DOI:

https://doi.org/10.37010/lit.v5i1.1126

Keywords:

interest rates, GDP, rupiah exchange rate, inflation, automotive industry

Abstract

Economic growth is believed to be an indicator of economic movement. The aim of this study is to study and analyze the factors of monetary instability in the automotive industry in Indonesia. This research method uses a causal relationship. The type of data used is secondary data Interest rates, GDP, Rupiah Exchange Rate, Inflation and the automotive industry in the form of time series and the analysis technique uses multiple linear regression with the residual approach. The research results obtained R square 92.931%, meaning that the magnitude of the effect of Interest rates, GDP, Rupiah Exchange Rate, and Inflation simultaneously on the automotive industry is very significant up to 92.931%, while the remaining 7.069% is the influence of other factors that are not included in the research variables. Partially Interest rates, GDP, and the Rupiah Exchange rate are significant and positive for the automotive industry. While the inflation variable is not significant and positive for the automotive industry, this is because at this time, vehicles have become a primary need, so rising inflation is not too much of an obstacle; The increase in vehicle prices in Indonesia is relatively small each year. The availability of various credit facilities by banking institutions and non-banking financial institutions; In general, the increase in inflation in Indonesia was relatively low (below two digits).

Downloads

Download data is not yet available.

References

Fadlilah, A., & Hermuningsih, S. (2017). Pengaruh Nilai Tukar And Harga Minyak Mentah Dunia Terhadap Return Saham PT Indomobil Sukses Internasional Tbk. And Pt. Astra Internasional Tbk. Tahun 2006-2016. Manajemen Dewantara, 1(2), 61–67. https://doi.org/10.26460/md.v1i2.1680

Gregory, M. N. (2006). Menduga bahwa kecenderungan konsumsi marjinal. https://cerdasco.com/kecenderungan-mengkonsumsi-marjinal/

Gregory, M. N. (2006). Menyatakan bahwa tingkat tabungan adalah determinan penting dari persediaan modal pada kondisi mapan. 1–9.

Khasanah, Y. N. (2018). Pengaruh risiko Inflation, risiko suku bunga, risiko kurs valuta asing and leverage terhadap return saham sektor otomotif and komponen yg terdaftar di BEI periode 2006-2016). 57(1), 63–72.

Koutsoyiannis, A. (1977). Modern Microeconomics. The Macmillan Press Ltd. https://doi.org/10.1007/9781349160778

Manurung, M. (2008). Teori-Teori Konsumsi. Jurnal Mimbar Bumi Bengawan, 6(13), 26–58.

Wirasasmita Yuyun. (2006). Pengaruh Pengeluaran Agregat dalam Mendorong Pertumbuhan Produk Domestik Bruto and Implikasinya pada Kesejahteraan Sosial Oleh?: Sharifuddin Husen (Sekolah Tinggi Ilmu Ekonomi Swadaya Jakarta). 216–246

Downloads

Published

2023-04-16

How to Cite

Wibawa, H. W., Ali, H. M., & Riyadi, R. (2023). Analysis of Monetary Instability Factors towards the Indonesian Automotive Industry. LITERATUS, 5(1), 80–88. https://doi.org/10.37010/lit.v5i1.1126
Abstract viewed = 117 times