Exploring the Impact of Macro-Economic Variables on GDP of Indonesia

Abstract:

This study aims to obtain information and knowledge that is true, valid, reliable, and accountable impact of macroeconomic variables on Gross Domestic Product in Indonesia year 2010-2017, either simultaneously or partially. This study uses secondary data by quarter. The analysis technique used is multiple linear regression analysis. This study also uses classic assumption test and hypothesis test to know the effect of inflation variable measured using CPI, dollar exchange rate against rupiah, reference rate / BI Rate to Gross Domestic Product at constant price of year 2010. The method of analysis used is statistical analysis descriptive, analytical requirements analysis, classical assumption test, multiple linear regression analysis at a significance level of 5%. Hypothesis testing is done by using partial regression test (t test) and simultaneous test (Test F) and test of coefficient of determination (R2). Partial research results show that there is no influence between inflation and interest rates on GDP, while there is a positive effect the exchange rate to GDP. The ability of independent variables namely inflation, exchange rate and interest rate able to explain the variable of Gross Domestic Product (R2) 76,4%