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

Dzulfikri Azis Muthalib, Abd Azis Muthalib, Ahmad Muhlis Nuryadi, Arifuddin Arifuddin, La Ode Muhammad Harafah, Murdjani Kamaluddin, La Ode Sahili, Muh. Irfandy Azis and Rince Tambunan
Additional contact information
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.

International Journal of Energy Economics and Policy, 2023, vol. 13, issue 3, 507-511

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.

Keywords: Crude Oil Price; Inflation; Algae Export; Cointegration Model; Error Correction Model (search for similar items in EconPapers)
JEL-codes: C32 E31 F41 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/14145/7331 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/14145 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2023-03-55

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().