Analisis Dampak Harga Minyak Dunia dan Nilai Tukar Terhadap Pertumbuhan Ekonomi Indonesia Tahun 2009-2023

This study will look at how variations in world oil prices and currency exchange rates affect Indonesia's economic growth in the short and long term, from 2009 to 2023. Using a quantitative method using the error correction (ECM) model, the results of the study show that oil prices and exchange rates have a significant influence on Indonesia's economic growth in the long term. But on the other hand, in the short term, oil prices and exchange rates do not have a significant impact on economic growth. This research can conclude that changes in oil prices and exchange rate fluctuations have a greater impact on the long-term economy, which means that it has a very important impact on Indonesia's economic policy.

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Publication Details

Journal
Al-Kharaj Jurnal Ekonomi Keuangan & Bisnis Syariah
Published
2025-05-01
DOI
https://doi.org/10.47467/alkharaj.v7i5.7134
Citations
1
Primary Topic
Economic Growth and Fiscal Policies
Type
article
Field-Weighted Citation Impact
3.13
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article

Analisis Dampak Harga Minyak Dunia dan Nilai Tukar Terhadap Pertumbuhan Ekonomi Indonesia Tahun 2009-2023

Sondang Engelina Situmorang, Barika
1 citations
Al-Kharaj Jurnal Ekonomi Keuangan & Bisnis Syariah
Economic Growth and Fiscal Policies
3.13
article

Analisis Dampak Harga Minyak Dunia dan Nilai Tukar Terhadap Pertumbuhan Ekonomi Indonesia Tahun 2009-2023

Sondang Engelina Situmorang, Barika
article en
1 citations

Abstract

This study will look at how variations in world oil prices and currency exchange rates affect Indonesia's economic growth in the short and long term, from 2009 to 2023. Using a quantitative method using the error correction (ECM) model, the results of the study show that oil prices and exchange rates have a significant influence on Indonesia's economic growth in the long term. But on the other hand, in the short term, oil prices and exchange rates do not have a significant impact on economic growth. This research can conclude that changes in oil prices and exchange rate fluctuations have a greater impact on the long-term economy, which means that it has a very important impact on Indonesia's economic policy.

Al-Kharaj Jurnal Ekonomi Keuangan & Bisnis SyariahVol. 7(5)
University of Bengkulu (ID)
Openalex Percentile: Top 9%
Economic Growth and Fiscal Policies
3.13
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