How Impact Exchange Rate to Processed Food Industry in Indonesia
Authors
Indra Suhendra, Navik Istikomah
Corresponding Author
Indra Suhendra
Available Online 4 March 2021.
- DOI
- 10.2991/absr.k.210304.013How to use a DOI?
- Keywords
- processed food industry, exchange rate
- Abstract
This Paper employs a series method to measure exchange rate to the price of food industries. We use Purchasing Power Parity as our theoretical basis to demonstrate exchange rate fluctuation. The regression model, derived from the theoretical model, gives the statistically robust result to show that years 2006 to 2016. The result shows that the exchange rate influent on WPI and CPI of food industries. This study indicates that Industry of processed and preserved meat, fish and food oil; Industry of milk and dairy products; Industry of ground grains and nuts and fodder, and Other Food Industries sensitive to the fluctuation of exchange rate.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Indra Suhendra AU - Navik Istikomah PY - 2021 DA - 2021/03/04 TI - How Impact Exchange Rate to Processed Food Industry in Indonesia BT - Joint proceedings of the 2nd and the 3rd International Conference on Food Security Innovation (ICFSI 2018-2019) PB - Atlantis Press SP - 70 EP - 72 SN - 2468-5747 UR - https://doi.org/10.2991/absr.k.210304.013 DO - 10.2991/absr.k.210304.013 ID - Suhendra2021 ER -