Jurnal Ilmu Ekonomi
Vol. 5 No. 2 (2021): Jurnal Ilmu Ekonomi

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

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



Article Info

Publish Date
11 Jul 2021

Abstract

This study aims to determine the effect of world oil prices, inflation, and household consumption on economic growth in Indonesia. This research is a type of descriptive research with a quantitative approach using the annual time series in 1988-2018. The analysis technique used in this study is multiple linear regressions with 31 samples. The results showed that both simultaneously and partially, world oil prices and inflation had a significant (negative) effect and household consumption had a significant (positive) effect on economic growth. Based on research results, the government can improve and build oil and gas infrastructure so that it canĀ  optimize oil production. This is very useful because it will reduce oil imports and also reduce the inflation rate. The government can also establish monetary policy and fiscal policy to maintain inflation stability. Other policies that can be done are by increasing the amount of goods produced so that the number of goods in circulation increases, setting maximum prices for several types of goods, and also making policies that can control the inflation rate so as to encourage domestic consumption due to price stability, so that consumption expenditure can be increase or can be stable

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 ...