Analysis The Effect Fluctuation of World Oil Price, The Amount of Money Circulation, Inflation, on Gross Domestic Product Period 2000-2020
Keywords:
Gross Domestic Product, Word Oil Price, Money Supply, InflationAbstract
Observations in this study aim at world oil, money supply, and inflation on Gross Domestic Product. The research uses multiple regression method using Eviews 10 software. From the results of the study it can be concluded that partially the money supply and inflation variables are positive and relevant to gross domestic product, while the world oil price variable has a positive but not significant effect on gross domestic product. While the simultaneous effect on the variables of World Oil Prices, Money Supply and Inflation, is significant at 75.04% on gross domestic product, and the remaining 24.96% is influenced by other factors not included in the model. The results of this study continue previous research which is very interesting for further research. This research is expected to be a consideration for policy making for the central government, especially local governments in increasing gross domestic product so that the Indonesian economy remains stable every year.
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BANK INDONESIA (BI RATE) DAN HARGA MINYAK DUNIA TERHADAP
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[33] C. M. Warkawani, N. Chrispur, and D. Widiawati, “Pengaruh Jumlah Uang Beredar
dan Tingkat Inflasi Terhadap Produk Domestik Bruto (PDB) di Indonesia Tahun 2008-2017,” J. Reg. Econ. Indones. , vol. 1, no. 1, 2020, doi: 10.26905/jrei.v1i1.4759.
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Indonesia Periode 2015 – 2018,” Niagawan Univ. Negeri Medan, vol. 9, no. 1, pp. 7–
10, 2020.
Pemerintah, dan Ekspor Netto Terhadap Pertumbuhan Ekonomi Di Indonesia
Tahun 1985-2014. 2016.
[2] N. I. Chaudhry, A. Mehmood, and M. S. Mehmood, “Empirical relationship between
foreign direct investment and economic growth : An Empirical relationship between
foreign direct investment and economic growth An ARDL co-integration approach
for China,” 2013, doi: 10.1108/20441391311290767.
[3] J. M. Maheu, Y. Song, and Q. Yang, “Oil price shocks and economic growth : The
volatility link,” Int. J. Forecast., no. xxxx, 2019, doi: 10.1016/j.ijforecast.2019.07.008.
[4] L. Charfeddine and K. Barkat, “Short- and long-run asymmetric effect of oil prices
and oil and gas revenues on the real GDP and economic diversi fi cation in oildependent
economy ?,” Energy Econ., vol. 86, p. 104680, 2020, doi:
10.1016/j.eneco.2020.104680.
[5] F. R. Tiwa, V. Rumate, and A. Tenda, “PENGARUH INVESTASI , SUKU BUNGA
SERTIFIKAT BANK INDONESIA ( SBI ) DAN JUMLAH UANG BEREDAR
TERHADAP PERTUMBUHAN EKONOMI INDONESIA TAHUN 2005-2014,” vol.
16, no. 02, pp. 344–354, 2016.
[6] F. Bimantoro and M. Adriana, “PENGARUH PENANAMAN MODAL ASING
TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA,” pp. 63–74, 2016.
[7] Y. Arifin, “Economics Development Analysis Journal,” vol. 5, no. 4, pp. 474–483,
2016.
[8] D. Silitonga, “Dikson Silitonga : „ Pengaruh Inflasi terhadap Produk Domestik
Bruto ( PDB ) Indonesia pada ... ? 112,” vol. 24, no. 1, 2021.
[9] J. Latumaerissa, Perekonomian Indonesia dan Dinamika Ekonomi Global . Jakarta:
Mitra Wacana Media, 2015.
[10] R. D. Ari Tri Afiftah, Whinarko Juliprijanto, “Analisis Pengaruh Pengeluaran
Konsumsi Pemerintahan dan Pengeluaran Konsumsi Rumah Tangga Terhadap
Pertumbuhan Ekonomi di Indonesia 1988-2017,” Din. Dir. J. Econ., vol. 1, no. 2, pp.
11–22, 2017.
[11] Q. Zhang, “The impact of international oil price fluctuation on China?s economy,”
Energy Procedia, vol. 5, pp. 1360–1364, 2011, doi: 10.1016/j.egypro.2011.03.235.
[12] M. A. Nizar, “The Impact of World Oil Prices Fluctuation on Indonesia?s Economy,”
Bul. Ilm. Litbang Perdagang. , vol. 6, no. 2, pp. 189–209, 2012.
[13] M. Sari, M. N. Syechalad, and S. A. Majid, “Pengaruh Investasi, Tenaga Kerja Dan
Pengeluaran Pemerintah Terhadap Pertumbuhan Ekonomi Di Indonesia,” J. Ekon.
dan Kebijak. Publik Indones. , vol. 3, no. 2, pp. 109–115, 2016.
[14] Islahul amri and Misbahul Munir, “Peran Moderasi Human Capital Diantara
Pengaruh PMA dan PMDN Terhadap Pertumbuhan Ekonomi,” Ekspansi J. Ekon.
Keuangan, Perbank. dan Akunt. , vol. 12, no. 1, pp. 65–76, 2020, doi:
10.35313/ekspansi.v12i1.1861.
[15] J. T. SAPURO, “PENGARUH HARGA MINYAK MENTAH DUNIA, DOW JONES
INDUSTRIAL AVERAGE, DAN INFLASI TERHADAP HARGA SAHAM
PERUSAHAAN DI BEI (Studi Kasus pada Perusahaan Pertambangan, Konsumsi,
dan Transportasi Periode 2011-2015),” Euphytica, vol. 18, no. 2, p. 22280, 2016,
[Online]. Available:
http://dx.doi.org/10.1016/j.jplph.2009.07.006%0Ahttp://dx.doi.org/10.1016/j.neps.2015
.06.001%0Ahttps://www.abebooks.com/Trease-Evans-Pharmacognosy-13th-Edition-
William/14174467122/bd.
[16] D. A. 2014 Septiawan, “PENGARUH HARGA MINYAK DUNIA, INFLASI, DAN NILAI TUKAR TERHADAP PERTUMBUHAN EKONOMI INDONESIA (Studi
Pada Tahun 2007 - 2014),” vol. 40, no. 2, pp. 130–138, 2014.
[17] D. T. Anggarini, “Analisa Jumlah Uang Beredar Di Indonesia Tahun 2005-2014,”
Moneter, vol. 3, no. OKTOBER, pp. 161–169, 2016, [Online]. Available:
https://www.infodesign.org.br/infodesign/article/view/355%0Ahttp://www.abergo.org.
br/revista/index.php/ae/article/view/731%0Ahttp://www.abergo.org.br/revista/index.p
hp/ae/article/view/269%0Ahttp://www.abergo.org.br/revista/index.php/ae/article/view
/106.
[18] M. A. Asy?ari and D. Wahyuningsih, “Analisis Pengaruh Sektor Moneter dan Sektor
Riil terhadap Jumlah Uang Beredar di Indonesia,” Media Trend, vol. 8, no. 1, pp.
42–58, 2013.
[19] D. Restyani, “Pengaruh Fluktuasi Harga Minyak Dunia, Inflasi, Dan Suku Bunga
Bank Umum Terhadap Pdb Di Indonesia Periode 1999-2009,” Makassar Univ.
Hasanudin, 2012, [Online]. Available: https://core.ac.uk/download/pdf/25487250.pdf.
[20] S. H. Manuela Langi Theodores ,Masinambow Vecky, “Analisis Pengaruh Suku
Bunga Jml Uang Beredar Kurs Thdp Inflasi Indonesia,” vol. 14, no. 2, 2014.
[21] S. N. S. Kinanti Asa Mutia, Lucia Rita Indrawati, “Uang Beredar Terhadap Produk
Domestik Bruto Indonesia Tahun 2004-2018,” J. Organ. dan Manaj. , vol. 1, no. 1, pp.
14–27, 2020, [Online]. Available:
http://journal.thamrin.ac.id/index.php/ileka/article/view/298%0Ahttps://www.mikros
kil.ac.id/ejurnal/index.php/jwem/article/view/381%0Ahttp://administrasibisnis.stude
ntjournal.ub.ac.id/index.php/jab/article/download/2513/2903%0Ahttp://eprints.uny.ac
.id/312.
[22] A. B. Santosa, “Analisis Inflasi di Indonesia,” Pros. Semin. Nas. Multi Disiplin Ilmu
Call Pap. UNISBANK Ke-3 (SENDI_U 3) 2017, pp. 445–452, 2017.
[23] amelia niko fery andrianus, “analisa faktor-faktor yang mempengaruhi inflasi di
indonesia periode 1997-2005.”
[24] S. Semuel, Hatane & Nurina, “Analysis of the Effect of Inflation , Interest Rates ,
and Exchange Rates on Gross Domestic Product ( GDP ) in Indonesia,” Proc. Int.
Conf. Glob. Business, Econ. Financ. Soc. Sci. , no. February, pp. 20–22, 2015.
[25] A. M. Kholis and A. Ferdian, “Pengaruh faktor-faktor ekonomi terhadap inflasi di
indonesia,” JIM UPB (Jurnal Ilm. Manaj. Univ. Puter. Batam) , vol. 7, no. 1, p. 1,
2019, doi: 10.33884/jimupb.v7i1.900.
[26] G. National and H. Pillars, “ANALISIS HUBUNGAN ANTARA INFLASI DAN
PERTUMBUHAN EKONOMI: KASUS INDONESIA,” vol. 03, no. 01, pp. 41–52.
[27] B. Karlina, “Pengaruh Tingkat Inflasi, Indeks Harga Konsumen Terhadap PDB di
Indonesia Pada Tahun 2011-2015,” J. Ekon. dan Manaj. , vol. 6, no. 1, pp. 2252–6226,
2017, [Online]. Available: http://fe.budiluhur.ac.id/wp-content/uploads/2017/08/b.-
berlian.pdf.
[28] A. Q. Sari, Y. L. Sukestiyarno, and A. Agoestanto, “Batasan Prasyarat Uji
Normalitas Dan Uji Homogenitas Pada Model Regresi Linear,” Unnes J. Math., vol.
6, no. 2, pp. 168–177, 2017, doi: 10.15294/ujm.v6i2.11887.
[29] G.- MARDIATMOKO, “Pentingnya Uji Asumsi Klasik Pada Analisis Regresi Linier
Berganda,” BAREKENG J. Ilmu Mat. dan Terap. , vol. 14, no. 3, pp. 333–342, 2020,
doi: 10.30598/barekengvol14iss3pp333-342.
[30] 2011 Diana Mayangsari, “PERBANDINGAN UJI AUTOKORELASI SPASIAL
GEARY C DAN GETIS ORD G UNTUK MENGETAHUI POLA PENYEBARAN
FASILITAS KEBUTUHAN KOTA SURABAYA.” .
[31] R. S. Tiara Dewi, Muhammad Amir Masruhim, “Analisa Pengaruh Tingkat Suku
Bunga, Nilai Tukar, Inflasi, Harga Minyak Dunia, Indeks Harga Saham Gabungan
dan Produk Domestik Bruto Terhadap Pertumbuhan Ekonomi Heri Sasono,” Lab.
Penelit. dan Pengemb. FARMAKA Trop. Fak. Farm. Univ. Mualawarman,
Samarinda, Kalimantan Timur, no. April, pp. 5–24, 2016.
[32] R. E. Izzaty, B. Astuti, and N. Cholimah, “PENGARUH TINGKAT SUKU BUNGA
BANK INDONESIA (BI RATE) DAN HARGA MINYAK DUNIA TERHADAP
INFLASI DI INDONESIA Oleh,” Angew. Chemie Int. Ed. 6(11), 951–952., vol. 4, no.
1, pp. 5–24, 1967.
[33] C. M. Warkawani, N. Chrispur, and D. Widiawati, “Pengaruh Jumlah Uang Beredar
dan Tingkat Inflasi Terhadap Produk Domestik Bruto (PDB) di Indonesia Tahun 2008-2017,” J. Reg. Econ. Indones. , vol. 1, no. 1, 2020, doi: 10.26905/jrei.v1i1.4759.
[34] P. S. M. J. Silaban and R. Rejeki, “Pengaruh Inflasi, JUB, PDB Terhadap Impor di
Indonesia Periode 2015 – 2018,” Niagawan Univ. Negeri Medan, vol. 9, no. 1, pp. 7–
10, 2020.
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2022-06-30
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Denata, V. L., Setyowati, E., & Supriyani, Y. (2022). Analysis The Effect Fluctuation of World Oil Price, The Amount of Money Circulation, Inflation, on Gross Domestic Product Period 2000-2020. Prosiding University Research Colloquium, 355–368. Retrieved from https://repository.urecol.org/index.php/proceeding/article/view/2161
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Copyright (c) 2022 Vigita Liliyawati Denata, Eni Setyowati, Yustika Supriyani
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