Determinant Analysis of Supply Change of Indonesia»s Export Product

The estimation resulted through the combination of ECM and WLS shows that the price of export goods/merchandises has a positive effect and is significant in the short-term period. Yet, over the longterm period, the increase in export commodity price causes the decrease in export volumes. Meanwhile, the relationship between export volume and inflation is not significant, either in the short-term or longterm. Foreign exchange interestingly has a positive and significant relationship with the export volume over a short-term period, but in the long-term it has a reverse effect, that is, it decreases export volume. Foreign investment has a positive and significant relationship with export volume in the long-term, the significance, however, weakens over the short-term period.