Jurnal Ilmiah Econosains 2022-08-10T15:32:28+07:00 Dr. Siti Nurjanah, SE., M.Si. Open Journal Systems <p style="text-align: justify;"><img style="float: left; padding-right: 10px;" src="/unj/public/site/images/ronifaslah/depan2.png" alt=""><span id="cloak63115"><span id="result_box" lang="en"></span></span></p> <p><span id="result_box" class="" lang="en" tabindex="-1"><span class="">Jurnal Ilmiah Econosains (The Scientific Journal of Econoscience) is an online journal of economics and education with E-ISSN: 2252-8490 P-ISSN: 1693-1661 published by the Faculty of Economics, Universitas Negeri Jakarta / State University of Jakarta (UNJ).</span> <span class="">Jurnal Ilmiah Econosains is </span><span class="">published twice a year (March and August), containing 8-10 articles and it receives articles in areas: economic education, education and teaching studies, economics, finance, human resources and management science studies, with research methodologies that meet</span> <span class="">the standards set for publication.</span> <span class="">The manuscript of the article may come from researchers, academics, practitioners, and other economic and educational observers interested in economic and educational research.</span><br></span></p> <p><span id="result_box" class="" lang="en" tabindex="-1"><span class="">Secretariat: </span></span></p> <p><span id="result_box" class="" lang="en" tabindex="-1"><span class="">Building N. 2nd Floor Campus A </span></span></p> <p><span id="result_box" class="" lang="en" tabindex="-1"><span class="">Universitas Negeri Jakarta, Jl.</span> <span class="">Rawamangun Muka Jakarta Timur, postal code 13220</span></span></p> <p><span id="result_box" class="" lang="en" tabindex="-1"><span class="">Email cc:</span></span></p> The FDI, Exchange Rate, and Export Nexus Automotive Industry in Indonesia: A Granger Causality Approach 2022-08-10T15:32:28+07:00 Muhammad Fawaiq <p>This study aims to analyze FDI, Exchange Rate, and Export in the Automotive Industry in Indonesia. Data used from 2006 -2019 with the VAR method. The results obtained in this study are the three variables that do not have a cointegration relationship so the estimation uses the VAR model. Furthermore, the Granger Causality test results show that there is a one-way relationship for each variable. The causal relationship, namely FDI affects the exchange rate, exports affect the exchange rate. VAR test results show that the entry of FDI and the exchange rate does not significantly affect exports. Furthermore, FDI significantly affects the exchange rate, this is because of the integrated trading model with low Exchange Rate volatility. For this reason, it is very important to note the direction of capital inflows, which are used to finance domestic expenditure or finance accumulated capital in the traded or non-traded sectors. If capital inflows are used to finance domestic consumption, it must increase purchasing power and demand for goods traded. The study provides a descriptive picture for the Islamic pension fund provider and government to set a product based on the Muslim attitude and expectation. As far as we are concerned, there is only a small number of research on analyzing FDI, Exchange Rate, and Export but in this research specific on Automotive Industry evidence from Indonesia. This article can give contribution to policy.</p> 2022-08-10T00:00:00+07:00 Copyright (c) 2022 Muhammad Fawaiq