| Summary: | Export plays an important role in increasing the economic growth of a country.
Therefore, informations about factors which influence export are very useful for decision
making by macroeconomic policy planners. This study investigates the elasticity of some
macroeconomic indicators to total Indonesian exports.
The sample comprised five economic indicators i.e. Indonesian export, exchange
rate, interest rate, inflation, and foreign GDP reported on Laporan Tahunan Bank
Indonesia (BI) and International Financial Statistics (IMF) for period 1988-2008. The
statistical method used in this research are multiple linear regression and elasticity.
The statistical results indicate that from four variables investigated, only GDP
significantly impacted exports. Therefore this research showed that Indonesian exports
demand was elastic to GDP. In general, some of the results of this study are not
consistent with the findings of previous studies.
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