Research Paper
Year: 2020 | Month: August | Volume: 7 | Issue: 8 | Pages: 226-231
Prospect Analysis of Indonesian Coffee Exports to Europe
Indra Ismayudi Tanjung1, Dede Ruslan2, Irsyad Lubis3
1Posgraduate Students, Faculty of Economics and Business, Department of Economics, Universitas Sumatera Utara, Indonesia
2,3Postgraduate Lecturer, Faculty of Economics and Business, Department of Economics, Universitas Sumatera Utara, Indonesia
Corresponding Author: Indra Ismayudi Tanjung
ABSTRACT
This research is conducted to analyse the factors that influence Prospects of Indonesian export coffee to Europe. Factors observed in this research are price of Indonesian export coffee to Europe, exchange rate, the volume of Indonesian export coffee to Europe year ago, and total of Indonesian export coffee to Europe. The analysis, in object, introducing time series 30 data. Model used in this research, applied the ordinary least square (OLS). The research results show that price of Indonesian export coffee to Europe, the volume of Indonesian export coffee to Europe year ago, and total of Indonesian export coffee to Europe Significant effect Indonesian coffee export to Europe. While, exchange rate is not significant effect the Indonesian coffee export. And Indonesian export coffee to Europe shows a bright prospect in the future.
Keywords: Coffee, Price, Exchange Rate, Export, Volume.
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