//

OIL MARKET ANALYSIS IN INDONESIAN ECONOMIC STABILITY

BACA FULL TEXT ABSTRAK Pemesanan Versi cetak
Pengarang RIRI DINA HASIBUAN - Personal Name
SubjectECONOMIC DEVELOPMENT
Bahasa Indonesia
Fakultas Fakultas Ekonomi
Tahun Terbit 2014

Abstrak/Catatan

ABSTRACT Title : Oil Market Analysis in Indonesian Economic stability Name : Riri Dina Hasibuan NIM : 1001101010015 Faculty/Department : Economics/Economic Development Supervisor : Prof. Dr. Raja Masbar, M.Sc. Concentration : Natural Resources and Environmental Economics This paper aims to analyze the effect of government-mandated price control by fuel oil subsidies, ICP, US Dollars exchange rate, economic growth (GDP per capita), and gas price in Indonesia oil market. Then, there is also need to analyze the role of fiscal policy in fuel oil subsidies in Indonesian economic stability. Model analysis of the data used in this study is Two Stage Least Square (2SLS) using yearly data covering the period 1986–2012. The results show that there is negative correlation between ICP to oil demand while positive correlation found in ICP to oil supply but not significant. In demand sides, besides the ICP, economic growth (GDP per capita) affects oil demand positively and significant. Variable of fuel oils subsidies influence oil demand in Indonesia positively and significant at 96.2 percent. This result is empirical evidence that fuel subsidy is a main factor on increasing oil demand and bring excess demand for oil in Indonesia. Meanwhile, in supply side, US Dollars exchange rate influences oil supply negatively and significant at 0.03 level and gas price influence oil supply also negatively but not significant. Based on the result, fuel oil subsidy will be harmful to the economy and government should control by withdrawal gradually of fuel oils subsidies at the level to reduce oil energy intensity and Indonesian economic sustainability. Keywords: Oil Market, fuel oils subsidies, ICP, US Dollar Exchange rate, gas price, economic growth, oil demand, oil supply, excess demand, 2SLS.

Tempat Terbit Banda Aceh
Literature Searching Service

Hard copy atau foto copy dapat diberikan dengan syarat ketentuan berlaku, jika berminat, silahkan isi formulir online (Formulir Online)

Share Social Media

Tulisan yang Relevan

DETERMINAN INVESTASI DAN PENGARUHNYA TERHADAP KEMISKINAN DI INDONESIA (Jen Surya, 2018)

PENGARUH JUMLAH UANG BEREDAR, SUKU BUNGA DAN EKSPOR TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA (YUNIDAR PURNAMA SARI, 2018)

THE PROTECTION OF WOMEN AS THE VICTIM OF ECONOMIC ABUSE UNDER INTERNATIONAL HUMAN RIGHTS LAW IN INDONESIA (Rayyan Fakhri, 2017)

THE PROTECTION OF ECONOMIC RIGHTS TOWARDS PERSON WITH COLOR BLINDNESS BASED ON INTERNATIONAL LAW (Dwi Pragasa Ananda, 2016)

ANALISIS PENGARUH DANA ALOKASI KHUSUS (DAK) DAN BELANJA MODAL TERHADAP PERTUMBUHAN EKONOMI DI PROVINSI ACEH (Ramadhan, 2019)

  Kembali ke sebelumnya

Pencarian

Advance



Jenis Akses


Tahun Terbit

   

Program Studi

   

© UPT. Perpustakaan Universitas Syiah Kuala 2015     |     Privacy Policy