Jurnal Ilmu Ekonomi
Vol. 5 No. 1 (2021): Jurnal Ilmu Ekonomi

Pengaruh Harga Minyak Dunia, Inflasi, Konsumsi Rumah Tangga terhadap Pertumbuhan Ekonomi Indonesia

Ulin Nuhaella Almaya (Universitas Muhammadiyah Malang)
Wahyu Hidayat Riyanto (Universitas Muhammadiyah Malang)
Syamsul Hadi (Universitas Muhammadiyah Malang)



Article Info

Publish Date
15 Feb 2021

Abstract

This study aims to determine the effect of world oil prices, inflation, household consumption on economic growth in Indonesia. This research is a type of descriptive research with a quantitative approach using the annual time series data in 1988 - 2018. The model analysis technique used in this study is multiple linear regression with 31 samples. The results showed that both simultaneously (F test) and partially (t test) world oil prices had a significant (positive) effect, inflation had a significant (negative) effect, and household consumption had a significant (positive) effect on economic growth. Based on the results of the study, the government as a joint policy maker with Bank Indonesia can jointly reduce and maintain the stability of the inflation rate through monetary policy so that economic actors get clarity and encourage productivity by opening investment taps, providing business protection, and lowering export duties or create a fiscal policy. The government needs to establish policies to encourage oil production so that oil production can be optimal dan maintain oil supply so that people’s needs are met and oil prices can remain stabl and also maintaining the stability of prices for goods so as to encourage domestic consumption.

Copyrights © 2021






Journal Info

Abbrev

jie

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Ilmu Ekonomi, aims to bridge the gap between research and practice, providing information, ideas and opinion, in addition to critical examinations of advances in economic research. Through the coverage of policy and economic developments, the latest results of research into the assessment of ...