Model persamaan simultan ekspor netto di Indonesia

Abstract

This study aimed to: (1) determine the effect of interest rates and government spending on investment in Indonesia, (2) determine the effect of investment on exports in Indonesia, (3) determine the effect of interest rates and government spending on net exports through investment in Indonesia. The method of analysis used is a structural equation model. By using structural equation model analysis and analysis results show that: (1) Interest rates and government spending while investing significant effect on the form of relationship, interest rates have a negative influence, while government spending is positive on investment, (2) Based on the analysis obtained that investment has positive and significant impact on net exports, (3) the interest rate and government spending have a significant effect indirectly through the investment of net exports. Based on the form of relationship, whereas a negative interest rate effect of government spending has a positive effect.