
Article Title
THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA
Document Type
Article
Abstract
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. Keywords: Profitability, Manufacturing industry, exchange rate JEL classification: F1, D21, L6
Recommended Citation
Surjaningsih, Ndari; Maryaningsih, Novi; and Savitri, Myrnawati
(2014)
"THRESHOLD OF REAL EXCHANGE RATE AND THE PERFORMANCE OF MANUFACTURING INDUSTRY IN INDONESIA,"
Bulletin of Monetary Economics and Banking: Vol. 16:
No.
4, Article 6.
DOI: https://doi.org/10.21098/bemp.v16i4.25
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol16/iss4/6
First Page
373
Last Page
394