Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan
Vol 15, No 1 (2014): JEP Juni 2014

World Oil Prices and Indonesia Macroeconomic

W., M. Ichsandimas (Unknown)
Cahyadin, Malik (Unknown)

Article Info

Publish Date
29 Mar 2015

Abstract

The goal of this study is to look at the relation and contribution value, while the impact of world oil price on the macroeconomic Indonesian form 1980 to 2010. This Study used Vector Auto Regression (VAR) method and tool of VAR used are Impulse Response Function (IRF) and Variance Decomposition. The results of study finds a positive relation and statistically significant impact of world oil price on inflation and real GDP Indonesian, but not significant and negative relation on real exchange rates. World oil price has contribution value on the inflation, real exchange rates, Indonesia real GDP after first period.

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Journal Info
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan
Website

Abbrev

JEP

Publisher

Universitas Muhammadiyah Surakarta

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan is a scientific journal that contains the results of theoretical research and studies on economic and development issues. Managed by Department of Development Economics, Faculty of Economics and Business Universitas Muhammadiyah ...