Article Title

PENGARUH MISALIGNMENT NILAI TUKAR TERHADAP KEBIJAKAN SAFEGUARDS DI ASEAN-5

Authors

Dila Vindayani, Ministry of Trade - IndonesiaFollow
Dedi Budiman Hakim, Bogor Agricultural UniversityFollow
Alla Asmara, Bogor Agricultural UniversityFollow

Document Type

Article

Abstract

The purposes of this study are to analyze the occurence of exchange rate misalignment and its effect on non-tariff policy in ASEAN-5. We use Panel Dynamic OLS to estimate the equilibrium real exchange rate, while for determining the opportunities of the Non-Tariff Measures (NTMs) such as safeguards measures;we use Conditional Fixed-Effects Logistic Regression. The results shows that the magnitude of exchange rate misalignment tends to be large when specific country has a domestic turmoil. In addition, undervalued currrency of exporting country will increase the chances of safeguards measures enforcement from partner countries.

Recommended Citation

Vindayani, Dila; Hakim, Dedi Budiman; and Asmara, Alla (2015) "PENGARUH MISALIGNMENT NILAI TUKAR TERHADAP KEBIJAKAN SAFEGUARDS DI ASEAN-5," Bulletin of Monetary Economics and Banking: Vol. 18: No. 1, Article 2.
DOI: https://doi.org/10.21098/bemp.v18i1.517
Available at: https://bulletin.bmeb-bi.org/bmeb/vol18/iss1/2

First Page

61

Last Page

84