THE EFFECT OF ENERGY CONSUMPTION ON GROSS DOMESTIC PRODUCT (GDP)
Keywords:
Petroleum Consumption, Natural Gas Consumption, Coal, Gross Domestic Product, Multiple Linear Regression.Abstract
This study aims to determine the effect of oil, natural gas, and coal consumption on Indonesian domestic product. The research uses descriptive analysis techniques and quantitative analysis, namely multiple linear regression methods. The scope of the data used in this study is the time series data of Indonesia's gross domestic product from 1999 to 2023. The results showed that oil and natural gas consumption both had a positive and insignificant effect on gross domestic product while coal consumption had a positive and significant effect on gross domestic product.References
Afriyanti, Y., Sasana, H., & Jalunggono, G. (2018). Analysis of Factors Affecting Renewable Energy Consumption in Indonesia. DINAMIC: Directory Journal of Economic, 2(3), 865–884.
Apriliana, T., & Tarmidi, D. (2016). Analysis of the Relationship between Energy Consumption and Economic Growth in Indonesia in the Industrial and Transportation Sectors for the Period 2000 - 2014. Journal of Business and Social: Widyatama University, 5, 36–43.
Azis, G., Siregar, H., Manurung, A. H., Legowo, E. H., & Reallocation, K. (2014). Gas Re-Allocation Policy on Economic Growth in Indonesia. Journal of Economics & Public Policy, 5(1), 113–124.
Mohammad Fariz, S. M. (2015). The Effect of Energy Consumption on Economic Growth in Indonesia for the Period 1980-2012. Scientific Journal of Students of the Faculty of Economics and Business, Universitas Brawijaya, 03(02), 1–16.
Pratiwi, D. (2021). Causality Relationship Analysis of Economic Growth, Energy Consumption, and CO2 Emissions in Indonesia in the Period 1980-2019. Journal of Budget, 6(1), 17–35.
Setiawan, A., Wibowo, A., & Rosyid, F. (2020). Analysis of the effect of coal exports and consumption on Indonesia's economic growth. Journal of Mineral and Coal Technology,16 (2), 109-124. https://doi.org/10.30556/jtmb.vol16.no2.2020.1081
Zuldareva, F. (2017). Analysis of the Effect of Energy Consumption and Co2 Emissions on Economic Growth in Indonesia for the Period 1981-2014. Scientific Journal of FEB Students, Universitas Brawijaya, 05(01), 1–5.
