DAFTAR lSI ABSTRAK................................................................................................ ABSTRACT............................................................................................... ii KATA PENGANTAR ............................................................................... iii DAFTAR 181.............................................................................................. v DAFTAR GAMBAR.................................................................................. viii DAFTAR TABEL....................................................................................... ix DAFTARLAMPIRAN ............................................................................. X DAB I. PENDAHULUAN ...................................................................... . I. I. Latar Belakang ......................................................................... 1.2. Perumusan Masalah ................................................................. 7 1.3. Tujuan Penelitian ..................................................................... 7 1.4. Manfaat Penelitian ................................................................... 8 BAD 1L TINJAUAN PUSTAKA............................................................ 9 2.1. Teori Neraca Perdagangan ....................................................... 9 2.2. Teori Neraca Jasa ..................................................................... 15 2.3. Teori Neraca Transaksi BeJjalan.............................................. 17 2.4. Teori Arus Modal Masuk ..................................... ~.................. 22 2.5. Kebijakan Neraca Pembayaran ................................................ 26 2.6. Neraca Pembayaran Dan Derajat Mobilitas Modal................. 30 2.6.a. Teori Klasik.................................................................... 32 2.6.b. Teori Keynesian............................................................. 33 v 2.6.c. Teori Portofolio............................................................... 35 2.6.d. Perubahan Nilai Tukar Mata Uang ................................. 35 2.6.e. Neraca Pembayaran Dan Sektor Moneter ...................... 40 2.7. PenelitianTerdahulu............................................................... 42 2.8. Kerangka Pemikiran............................................................... 45 2.9. Hipotesis Penelitian................................................................ 45 BAB IU. METODE PENELITIAN ....................................................... 47 3.1. Ruang Lingkup Penelitian ....................................................... 47 3.2. Jenis dan Sumber data.............................................................. 47 3.3. ModeiAnalisis......................................................................... 48 3.4. Uji Penyimpangan Asumsi Klasik .......................................... 51 3.4.1. Uji Multikolieritas........................................................... 51 3.4.2. Uji Normalitas ................................................................ 52 3.4.3. Uji Autokorelasi.............................................................. 52 3.5. Defenisi dan Batasan Operasional........................................... 53 BAB IV. ANALISIS DAN PEMBAHASAN ......................................... 55 Perkembangan Neraca Pembayaran Indonesia...................... 55 4.2.. Perkembangan Neraca Transaksi Betjalan............................. 57 4.2.1. Perkembangan Neraca Pembayaran..................................... 60 4.3. Perkembangan Ekspor Indonesia............................................. 60 4.3.1 Perkembangan Impor Indonesia............................................ 62 4.4. Perkembangan Arus Modal Indonesia.................................. 63 4.4.1. Perkembangan Neraca Jasa................................................ 63 4.1. vi 4.4.2. Perkembangan Neraca Modal........................................... 64 4.5. Hasil Estimasi Model dan Analisis.......................................... 67 Hasil Estimasi Model dan analisis Ekspor ...................... 67 4.5.2. Hasil Uji Penyimpangan ldasik....................................... 71 4.5.2.a. Hasil Uji Multikolinearitas............................................. 71 4.5.2.b.Hasil Uji Autokorelasi..................................................... 72 4.5.3.c. Hasil Uji Normalitas....................................................... 73 4.5.3. Hasil Estimasi dan Analisis Impor .................................. 74 4.5.4. Hasil Uji Penyimpangan Klasik..................................... 78 4.2.3. Hasil Estimasi Arus Modal............................................. 81 4.2.3.1. Hasil Uji Penyimpangan Klasik..................................... 86 DAB V. KESIMPULAN DAN SARAN................................................ 90 4.5.1 5.1 Kesimpulan .............................................................................. 90 5.2. Saran......................................................................................... 91 DAFfAR PUSTAKA.............................................................................. 93 vii