Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia

Research Article

Influence of Logistic Performance, Exchange Rate, Interest Rate and Net Export on Global Competitiveness and Their Implications on Economic Growth (Case Study of ASEAN Countries and Several South Asian and East Asian Countries)

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  • @INPROCEEDINGS{10.4108/eai.30-10-2021.2315825,
        author={Wahyu Widayat and Heru Subiyantoro and Machfud Sidik},
        title={Influence of Logistic Performance, Exchange Rate, Interest Rate and Net Export on Global Competitiveness and Their Implications on Economic Growth (Case Study of ASEAN Countries and Several South Asian and East Asian Countries)},
        proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={MIC},
        year={2022},
        month={1},
        keywords={globalization; mea; competition},
        doi={10.4108/eai.30-10-2021.2315825}
    }
    
  • Wahyu Widayat
    Heru Subiyantoro
    Machfud Sidik
    Year: 2022
    Influence of Logistic Performance, Exchange Rate, Interest Rate and Net Export on Global Competitiveness and Their Implications on Economic Growth (Case Study of ASEAN Countries and Several South Asian and East Asian Countries)
    MIC
    EAI
    DOI: 10.4108/eai.30-10-2021.2315825
Wahyu Widayat1,*, Heru Subiyantoro1, Machfud Sidik1
  • 1: Universitas Borobudur, Jakarta, Indonesia
*Contact email: wahyu_murti@borobudur.ac.id

Abstract

The era of globalization has made various kinds of changes. This change has an impact on higher economic competitiveness. One of the impacts of this is the creation of the MEA which is an attempt by countries in Asia to face global competition. This study uses an explanatory method which aims to explain the causal relationship and test the hypothesis (hypothesis testing study). The secondary data studied are panel data between 17 countries, namely ASEAN countries, several South Asian countries and several East Asian countries in the period 2007, 2010, 2012, 2014, 2016, 2018. Based on the results of the study, there is a partial significant effect on performance logistics, exchange rate and net export to global competitiveness in accordance with trade competitiveness diagnostics theory. Increasing international trade activities along with improved logistics performance, exchange rates, interest rates and net export is a key strategy to develop economic competitiveness in the global market.