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The Role of Macroeconomic Indicators and Global Oil Prices in Influencing Indonesia’s Crude Oil Exports to South Korea Annisya Auliani; Didit Purnomo
Journal of Enterprise and Development (JED) Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v7i2.13464

Abstract

Purpose: This study analyzes the impact of macroeconomic indicators and global oil prices on Indonesia's crude oil exports to South Korea, one of its strategic trading partners in the East Asia region.Method: A quantitative approach was employed using annual time series data comprising 24 observations from 2000 to 2023. Secondary data were obtained from official sources such as Statistics Indonesia (BPS), the World Bank, and Index Mundi. Data analysis was conducted using multiple linear regression with the Ordinary Least Squares (OLS) method.Results: The analysis indicates that South Korea’s inflation and GDP per capita growth positively affect Indonesia’s crude oil exports to the country. Conversely, the exchange rate and global oil prices negatively impact these exports.Practical Implications for Economic Growth and Development: These findings provide relevant policy insights for the Indonesian government in responding to global economic dynamics, including strategies for exchange rate stabilization, export market diversification, and strengthening economic diplomacy.Originality/Value: This study makes an original contribution by specifically examining the bilateral relationship of Indonesia’s crude oil exports to South Korea based on the dynamics of external variables. Its focus on a specific region and extended time coverage renders it a unique study that delivers tangible contributions rarely found in Indonesia’s international trade literature.
Peran Digitalisasi Terhadap Pembangunan Pertanian dalam Rangka Mewujudkan Ketahanan Pangan Yudhistira Bagas Anggoro; Didit Purnomo
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 7 No. 9 (2025): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v7i9.8717

Abstract

This research aims to determine the impact of digitalization in the form of internet usage, computer usage, and E-commerce on agricultural production, specifically rice production in Indonesia. The data used are secondary data from 34 provinces in Indonesia for the period 2020 to 2023. This study uses the panel data linear regression analysis method with the E-views 12 application to process the data. The dependent variable used is the amount of rice production, while the independent variables include the number of internet users, the number of computer users, and e-commerce in the agricultural sector. The research results show that internet usage and computer usage significantly affect rice production in Indonesia. Meanwhile, e-commerce in the agricultural sector does not significantly affect rice production in Indonesia. The government needs to continue supporting the development of digitalization as one of the efforts to encourage the growth of rice production in Indonesia.