Abstract
This study aims to analyze the influence of energy consumption, economic growth, exchange rates and inflation on the trade balance in 5 ASEAN countries. The data used is panel data from 2009 – 2019, and is collected through data documentation and literature studies obtained from related institutions and agencies. This study use panel regression, with use variables: energy consumption, economic growth, exchange rate, inflation and trade balance. This study found that (1) energy consumption has a significant and negative effect on the trade balance, (2) economic growth has no significant and negative effect on the trade balance, (3) the exchange rate has a significant and positive effect on the trade balance, (4) ) inflation has no significant and negative effect on the trade balance and (5) simultaneously all independent variables in this study have a significant effect on the trade balance.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
