Analisis Pengaruh FDI (Foreign Direct Investment), Cadangan Devisa, dan PDB (Produk Domestik Bruto) Terhadap Ekspor Indonesia

This study aims to analyze the influence of FDI (Foreign Direct Investment), Foreign Exchange Reserves, and GDP (Gross Domestic Product) on Indonesia's exports in 1989-2018. The data used is time series data obtained from the world bank. The analysis model used in this study is error corectioModel regression (ECM) analysis developed by Engle-Granger (EG two-step model). The regression results show that in the short and long term variable foreign exchange reserves and GDP (Gross Domestic Product) have a positive and significant impact on Indonesia's exports. FDI (Foreign Direct Investment) variables have a positive effect on the long term, but in the short term FDI (Foreign Direct Investment) variables are positive but insignificant