The Effect of Crude Oil Price and Inflation on Algae Export in Indonesia

Authors

  • Dzulfikri Azis Muthalib Universitas Muhammadiyah, Kendari, Indonesia,
  • Abd Azis Muthalib Faculty of Economics and Business Universitas Halu Oleo, Kendari 93232, Indonesia,
  • Ahmad Muhlis Nuryadi Universitas Muhammadiyah, Kendari, Indonesia,
  • Arifuddin Arifuddin Faculty of Economics and Business Universitas Halu Oleo, Kendari 93232, Indonesia,
  • La Ode Muhammad Harafah Faculty of Economics and Business Universitas Halu Oleo, Kendari 93232, Indonesia,
  • Murdjani Kamaluddin Faculty of Economics and Business Universitas Halu Oleo, Kendari 93232, Indonesia,
  • La Ode Sahili Sekolah Tinggi Ilmu Ekonomi Enam-Enam, Kendari 93121, Indonesia
  • Muh. Irfandy Azis Universitas Borneo Tarakan 77124, Indonesia,
  • Rince Tambunan Sekolah Tinggi Ilmu Ekonomi Enam-Enam, Kendari 93121, Indonesia.

DOI:

https://doi.org/10.32479/ijeep.14145

Abstract

The aim of this study is to test and analyze the long-term and short-term effects of crude oil prices and inflation on algae export in Indonesia. The effects were tested using multiple cointegration regression and error correction models. Furthermore, annual time series data from 2012 to 2021 was used in this study and the results of the analysis show that in the long term, crude oil price and inflation have a positive effect on algae export. While in the short term, only crude oil price positively influences its exportation.

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Published

2023-05-17

How to Cite

Muthalib, D. A., Muthalib, A. A., Nuryadi, A. M., Arifuddin, A., Harafah, L. O. M., Kamaluddin, M., … Tambunan, R. (2023). The Effect of Crude Oil Price and Inflation on Algae Export in Indonesia. International Journal of Energy Economics and Policy, 13(3), 507–511. https://doi.org/10.32479/ijeep.14145

Issue

Vol. 13 No. 3 (2023)

Section

Articles

License

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