Dependent Variable Year Quarter Indonesia GDP 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Independent Variables 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1,263,481,234,661 1,289,279,893,340 1,312,586,155,544 1,358,630,768,645 1,382,023,802,686 1,407,877,213,640 1,436,779,358,441 1,468,569,157,883 1,500,253,593,067 1,531,876,659,815 1,567,339,786,510 1,597,443,581,431 1,640,815,528,790 1,677,558,760,427 1,710,957,231,471 1,735,341,355,601 1,784,665,936,540 1,819,101,626,507 1,854,290,445,381 1,853,549,772,804 1,869,853,598,262 1,869,777,526,555 1,893,141,584,690 1,923,872,273,836 1,960,563,259,900 1,997,709,286,963 2,034,514,016,850 2,074,444,326,998 2,111,032,536,075 2,153,309,583,456 2,194,246,215,031 2,225,120,966,464 2,265,831,101,936 2,306,805,812,617 2,349,560,869,314 2,393,009,844,143 2,440,370,371,833 2,482,804,994,022 2,525,870,884,734 2,564,936,187,894 2,598,705,612,953 2,647,047,450,603 2,699,098,122,085 2,752,709,458,473 US GDP 11,988,400,000,000 12,181,400,000,000 12,367,700,000,000 12,562,200,000,000 12,813,700,000,000 12,974,100,000,000 13,205,400,000,000 13,381,600,000,000 13,648,900,000,000 13,799,800,000,000 13,908,500,000,000 14,066,400,000,000 14,233,200,000,000 14,422,300,000,000 14,569,700,000,000 14,685,300,000,000 14,668,400,000,000 14,813,000,000,000 14,843,000,000,000 14,549,900,000,000 14,383,900,000,000 14,340,400,000,000 14,384,100,000,000 14,566,500,000,000 14,681,100,000,000 14,888,600,000,000 15,057,700,000,000 15,230,200,000,000 15,238,400,000,000 15,460,900,000,000 15,587,100,000,000 15,785,300,000,000 15,956,500,000,000 16,094,700,000,000 16,268,900,000,000 16,332,500,000,000 16,502,400,000,000 16,619,200,000,000 16,872,300,000,000 17,078,300,000,000 17,044,000,000,000 17,328,200,000,000 17,599,800,000,000 17,703,700,000,000 Federal DowReserve Jones Rates (%) Index 1 1.01 1.43 1.95 2.47 2.94 3.46 3.98 4.46 4.91 5.25 5.25 5.26 5.25 5.07 4.5 3.18 2.09 1.94 0.51 0.18 0.18 0.16 0.12 0.13 0.19 0.19 0.19 0.16 0.09 0.08 0.07 0.1 0.15 0.14 0.16 0.14 0.12 0.08 0.09 0.07 0.09 0.09 0.1 2985.68 3072.01 3058.76 3395.94 3373.32 3330.77 3538.99 3638.19 3777.09 3931.45 3911.2 4121.51 4252.56 4498.02 4510.74 4393 4197.56 4160.92 3828.48 3085.35 2586.57 2925.57 3327.84 3567.2 3679.13 3357.58 3736.32 4033.18 4228.48 4309.24 3742.58 4232.82 4444.81 4427.33 4451.68 4459.9 5036.94 5039.47 5168.62 5637.9 5726.09 6011.6 6062.26 6480.5 NYSE JKSE BI Rates Composi Composi (%) te Index te Index 6599.06 6602.92 6570.39 7250.06 7167.55 7217.84 7632.98 7753.97 8233.23 8169.07 8469.67 9137.96 9261.84 9873.02 10039.3 9740.31 8797.16 8660.29 7532.8 5755.76 4978.96 5905.16 6910.87 7184.98 7447.94 6469.65 7281.09 7964.04 8404.98 8419.1 6792.65 7277.03 8206.94 7810.83 8276.09 8571.53 9098.06 9154.26 9624.18 10352.71 10538.44 11002.37 10688.65 10589.8 735.68 728.22 820.69 1000.55 1081.52 1124.3 1055.15 1161.98 1322.47 1310.58 1531.98 1813.45 1837.18 2140.62 2366.61 2739.59 2463.74 2361.48 1766.94 1377.45 1434.07 2026.88 2467.9 2533.95 2777.7 2912.88 3501.2 3704.44 3679.05 3888.2 3548.12 3808.69 4121.82 3976.71 4249.69 4322.58 4927.12 4757.18 4314.96 4294.5 4796.16 4877.65 5148.57 5233.8 7.42 7.34 7.39 7.43 7.44 8.25 10 12.75 12.75 12.5 11.25 9.75 9 8.5 8.25 8 8 8.5 9.25 9.25 7.75 7 6.5 6.5 6.5 6.5 6.5 6.5 6.75 6.75 6.75 6 5.75 5.75 5.75 5.75 5.75 6 7.25 7.5 7.5 7.5 7.5 7.75