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<dc:date>2026-09-28T20:08:32Z</dc:date>
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<title>Pengaruh produksi,harga internasional, nilai tukar, dan kebijakan pemerintah terhadap volume ekspor Batubara di Indonesia</title>
<link>http://hdl.handle.net/123456789/66491</link>
<description>Pengaruh produksi,harga internasional, nilai tukar, dan kebijakan pemerintah terhadap volume ekspor Batubara di Indonesia
Anto, Mohammad Bekti Hendrie; Shabrina, Salma
Indonesia&amp;#39;s reliance on coal amidst global and domestic energy transition dynamics, alongside&#13;
macroeconomic fluctuations such as national production, international prices, exchange rates, and&#13;
government regulations, necessitates an in-depth empirical analysis of coal export volume determinants.&#13;
This study aims to analyze the effects of coal production, international benchmark price (HBA), exchange&#13;
rate (USD/IDR), and government policy on Indonesia&amp;#39;s coal export volume from 2016 to 2024. A&#13;
quantitative econometric approach is employed using monthly time-series secondary data () gathered&#13;
from official institutions including the Ministry of Energy and Mineral Resources (ESDM), Bank&#13;
Indonesia, Directorate General of Mineral and Coal, and Trading Economics. An Error Correction&#13;
Model (ECM) is estimated to capture short-run adjustment dynamics and long-run equilibrium&#13;
relationships. The empirical findings reveal that coal production exerts a statistically significant positive&#13;
effect on export volume in both the short and long run. The exchange rate displays a significant positive&#13;
impact in the short run, whereas the international coal price exhibits a significant negative long-run&#13;
relationship driven by contract rigidities and Domestic Market Obligation (DMO) enforcement.&#13;
Government policy (mining moratoriums and periodic export bans) significantly reduces long-run export&#13;
volumes to safeguard national energy security. The Error Correction Term () coefficient of -0.7338 ()&#13;
indicates that 73.38% of short-run disequilibrium is corrected towards long-run equilibrium monthly.&#13;
Governments are advised to formulate holistic export policies that harmonize domestic energy security&#13;
with sustainable energy transition strategies.
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<dc:date>2026-01-01T00:00:00Z</dc:date>
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