
This study demonstrates that there is no such thing as a short-term-long-term equilibrium. ECM analysis is capable of resolving short- to long-term imbalances. The Error Correction Mechanism (ECM) analytical approach was employed in this study, which covered the period 2010-2020. The purpose of this study is to determine the extent to which the independent factors above have an effect on MSME product exports using multiple linear regression analysis. This study analyzes the relationship between the exchange rate of the rupiah against the US dollar, MSME growth, investment, MSME credit, and inflation all have an effect on MSME exports in Indonesia.
