Effects of Nominal Exchange Rates and Domestic Outputs on Imports (Analysis of national food security commodities in ASEAN Countries)

DOI

10.2991/aebmr.k.200305.078How to use a DOI?

Keywords

nominal exchange rate, output domestic, import of agricultural commodity

Abstract

Most ASEAN countries are producing agricultural commodities in the form of; rice, maize, soybeans, sugar cane (sugar products) and cassava. However to meet domestic needs, almost all ASEAN countries import agricultural commodities. The purpose of the research is to analyze; effects of nominal exchange rates and domestic output on imports of agricultural commodities; rice, maize, soybeans, cassava and sugar in ASEAN countries. This study uses panel data of 9 ASEAN countries from 2012 to 2018. The analysis method uses panel analysis of Common Effect Model log (CEM log), Fixed Effect Model log (FEM log) and Random Effect Model log (REM log). The analysis found that the exchange rate had a positive and significant effect on the import of rice, sugar, maize, soybean and cassava in ASEAN countries. Domestic output has a positive and significant effect on imports of maize, soybean and cassava commodities and does not have a significant effect on imports of rice and sugar commodities in ASEAN countries.

Copyright

© 2020, 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/).

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TY  - CONF
AU  - Sri Ulfa Sentosa
AU  - Urmatul Uska Akbar
PY  - 2020
DA  - 2020/03/10
TI  - Effects of Nominal Exchange Rates and Domestic Outputs on Imports (Analysis of national food security commodities in ASEAN Countries)
BT  - Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)
PB  - Atlantis Press
SP  - 268
EP  - 275
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200305.078
DO  - 10.2991/aebmr.k.200305.078
ID  - Sentosa2020
ER  -