THE EFFECT OF EXCHANGE RATE, MANUFACTURING PRODUCTION AND INTEREST RATE ON EXPORT VALUE IN EMERGING MARKET COUNTRIES REGIONAL COUNTRIES DURING COVID-19 PANDEMIC 2020-2021

Abstract

This study aims to determine the effect of exchange rates, manufacturing production and interest rates on export values ​​in emerging market countries during the 2020-2021 COVID-19 pandemic. The independent variable in this study is export. Then the dependent variable in this study is the exchange rate, manufacturing production and interest rates. In this study, the method used is quantitative, using multiple regression analysis with the Eviews 2010 program. In addition to the multiple regression test, this study also uses the classical acceptance test. Classical acceptance test includes normality test, multicollinearity test, autocorrelation test, and heteroscedasticity test. Meanwhile, the Fit Test quality test uses an interpretation formula, namely the interpretation of the R value (coefficient of determination), the interpretation of the F test, and the interpretation of the t test. The results showed that the exchange rate had a significant positive effect on the value of exports, manufacturing production had a significant positive effect on the value of exports and interest rates had a significant positive effect on the value of exports in emerging market countries. Future researchers are expected to be able to use other variables outside of the exchange rate, manufacturing production and interest rates to show other things that can affect the value of exports.