Economica: Journal of Economic and Economic Education
Vol 14, No 1 (2025): Economica: Journal Of Economic And Economic Education

THE EFFECT OF ENERGY SUBSIDY AND THE NUMBER OF MOTOR VEHICLES ON ECONOMIC GROWTH IN INDONESIA

selvia, nisha (Unknown)



Article Info

Publish Date
20 Feb 2026

Abstract

This research aims to analyze the effect of energy subsidies and the number of motorized vehicles on economic growth in Indonesia. The research background stems from the increasing need for energy as a result of population growth, the number of motorized vehicles, and dependence on non-renewable fossil energy. The method used is a quantitative approach with multiple linear regression analysis techniques using secondary data processed with the help of the Eviews 10 and SPSS 21 applications. The research results show that both energy subsidies and the number of motorized vehicles have a positive influence on economic growth, but are not statistically significant. The R-square value of 0.203 indicates that 20.3% of the variation in economic growth can be explained by these two independent variables, while the rest is influenced by other factors. These findings indicate that to encourage higher economic growth, it is necessary to diversify the factors driving growth beyond energy and motor vehicle variables.

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Journal Info

Abbrev

economica

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Economica: Journal Of Economic And Economic Education, sebuah jurnal internasional elektronik, menyediakan forum untuk menerbitkan artikel penelitian asli, artikel ulasan dari pakar yang diundang, dan berita teknologi baru yang terkait dengan Riset ekonomi dan Riset pendidikan ekonomi. Jurnal ini ...