The Determinant of the Import Value of Footwear by Five Countries from Indonesia 2016 to 2021
Journal Title: International Journal of Social Science And Human Research - Year 2024, Vol 7, Issue 01
Abstract
Footwear is one of Indonesia's leading products that is significantly demanded by importing countries. The panel data analysis method was used in this study with a total of 30 observations over 6 years, and using Eviews software. The secondary data used in this study came from various reliable sources, including the Central Bureau of Statistics (BPS), the Indonesian Ministry of Trade, and the World Bank. The research findings show that inflation and the population of importing countries have a positive and significant influence on footwear imports, which means that when the inflation rate rises or the population of importing countries increases, footwear imports tend to increase. Meanwhile, the economic growth of the importing country, although it has a positive influence, does not show a statistically significant effect on footwear imports. This research provides deeper insights in the context of economic and trade decision-making, which can serve as a basis for the government and the footwear industry to design more adaptive and effective policies in the face of a changing and dynamic international market.
Authors and Affiliations
Ni Kadek Galuh Maharani, Dr. Putu Ayu Pramitha Purwanti, SE, M. Si
Keywords
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