Analisis Pengaruh Nilai Tukar, BI Rate, PDB, Investasi Asing Langsung Dan Cadangan Devisa Terhadap Nilai Ekspor Non Migas Indonesia Periode 2005.II – 2016.III

Indonesia is one of the developing countries, which can’t be separated from international trade is export. Export can increase Indonesia’s income significantly. One of them comes from the non oil and gas sector. This research aimed to determine the factors that may affect the non oil and gas exports Indonesia. The independent variable in this study is the exchange rate, BI rate, Indonesia's gross domestic product, foreign direct invesment, and foreign exchange reserves with the dependent variable is Indonesian non oil and gas export value. The data used in this research is quartely time series data during of 2005.II-2016.III obtained from the official website of Bank Indonesia, CEIC, and the Central Bureau of Statistics. Analysis tools which are used in this study with the the approach Error Correction Model (ECM). The result shows that in the short term the variable of BI rate and foreign exchange reserves have a positive and significant influence on Indonesian non oil and gas export value. In the long term the variable of exchange rate and foreign direct invesment have a negatif and significant, while the BI rate, gross domestic bruto, and foreign exchange reserves have a positive and significant influence on Indonesian non oil and gas export value