Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia

Research Article

The Effect of International Trade Performance and Price Stability on Economic Growth

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  • @INPROCEEDINGS{10.4108/eai.2-8-2023.2341481,
        author={M. Dimas  Iskandar and Aris  Soelistyo},
        title={The Effect of International Trade Performance and Price Stability on Economic Growth},
        proceedings={Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia},
        publisher={EAI},
        proceedings_a={ICEB},
        year={2024},
        month={6},
        keywords={export import inflation economic growth},
        doi={10.4108/eai.2-8-2023.2341481}
    }
    
  • M. Dimas Iskandar
    Aris Soelistyo
    Year: 2024
    The Effect of International Trade Performance and Price Stability on Economic Growth
    ICEB
    EAI
    DOI: 10.4108/eai.2-8-2023.2341481
M. Dimas Iskandar1,*, Aris Soelistyo1
  • 1: Malang Muhammadiyah University
*Contact email: dimasiskandar09@gmail.com

Abstract

This study aims to determine the effect of international trade performance and price stability on economic growth in Indonesia in 2014-2022. International trade in this study is indicated by the export and import variables in Indonesia. In this study using quantitative research using secondary data sourced from the Central Bureau of Statistics. The data used is in the form of a time series in the form of quarters with a period of 10 years starting from 2014-2022. Multiple linear regression methods are used in this study to analyze the effect of international trade (exports and imports) and price stability variables as indicated by inflation on economic growth in Indonesia. The results of this study indicate that the export variable has a negative but not significant effect on Indonesia's economic growth. Meanwhile, import and inflation variables have a positive and significant impact on Indonesia's economic growth.