Analysis of the Regression and Correlation of Gross Domestic Product (GDP) Exports and Revenue (GDP) of Indonesia against Rupiah Exchange Rate (IDR - USD)

Abstract

As explained in the Mundell-Fleming theory, which states that there is a negative influence between exchange rate and economic growth, where the higher the exchange rate, the lower net exports (the difference between exports and imports) will decrease the amount of output decreases and will cause GDP (Economic growth) to decline . This study uses multiple linear regression analysis to predict and predict the change of value of certain variables when other variables change. Correlation is one of the analytical techniques in statistics used to find the relationship between two or more variables that are quantitative. Then obtained multiple linear regression equation between Rupiah Currency Exchange Rate (Y), Export Value of Indonesia (X1) and Indonesia Gross Domestic Product at Current Market Price Based on Business as variable (X2), that is obtained by multiple linear regression equation is Y=-5050,90239+0,0095804 X1+0,0014006 X2 where Interpretation of correlation between the relationship of Currency Exchange IDR (Y), Export Value of Indonesia (X1) and Gross Domestic Product at Current Price Based on The field of business (X2) is 0.973 with a very strong interpretation that ranges from 0.75 to 0.99. Citation: Siregar DI, Alhempi RR (2018) Analysis of the Regression and Correlation of Gross Domestic Product (GDP) Exports and Revenue (GDP) of Indonesia against Rupiah Exchange Rate (IDR USD). J Glob Econ 6: 320. doi: 10.4172/2375-4389.1000320