Citation:

Candra Mustika, Adi Bahkti. "The Impact of Indonesia's Trade with China and the United States on Indonesia's Macroeconomic Indicators" International Research Journal of Economics and Management Studies, Vol. 2, No. 4, pp. 124-136, 2023.

Abstract:

The purpose of this study is to analyze the effect of exports and imports to the United States and China on economic growth, employment, and Indonesia's foreign exchange reserves. Data used in the study is sourced from the Asian Development Bank with a period study 2000 to 2021. The method of analysis used is with approach quantitative use regression double. Regression results show that export to the America Union has influential positive significance to backup foreign exchange, no significance to growth economics, and positive significance to absorption power work. Temporary import to America Union No influential significant to backup foreign exchange, growth economy and power work. Regression results other show that export to China has No influential significance to backup foreign exchange and influence positive significance to growth economic, and negative significance to absorption power work. Temporary import to China is influential and positively significant to backup foreign exchange, negatively significant to growth economics, and positively significant to absorption power work.

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Keywords:

Exports, Imports, Foreign Exchange Reserves, Growth economics, Absorption power, Work.