Impact Of Institutional Efficiency and Oil Prices On Economic Growth in Indonesian

Sonedi, Sonedi and Putra, Chandra Anugrah and Bulkani, Bulkani (2021) Impact Of Institutional Efficiency and Oil Prices On Economic Growth in Indonesian. Turkish Journal of Field Crops, 26 (1). pp. 19-27. ISSN 1301-1111

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Abstract

This article aims at assessing the impact of institutional quality and global oil prices on the manufacturing sector in Indonesia for the period 1996 to 2017. The institutional quality is calculated by an index of corruption. The Vector Error Correction Model (VEC) Granger causality tests have been involved to analyses the causal links among the variables. The results indicate a significant connection among oil prices, institutional efficiency and the growth of the economy in Indonesia during the study period. However, the short-term effects aren’t empirically significant. The Granger causality analysis indicates a one-way causal link running from oil prices and institutional quality to economic growth.

Item Type: Article
Uncontrolled Keywords: analyses, variables
Subjects: 300 Social Science > 330 - 339 Economics > 330 Econmics > 330.9 Economic Situation and Conditions
300 Social Science > 330 - 339 Economics > 333 Economic of Land and Energy > 333.8 Subsurface Resources
300 Social Science > 330 - 339 Economics > 338 Production, Industrial Economics > 338.9 Economic Development and Growth
Divisions: Perpustakaan > Journals
Depositing User: Publikasi Library UMPR
Date Deposited: 26 Jul 2022 18:25
Last Modified: 26 Jul 2023 00:50
URI: http://repository.umpr.ac.id/id/eprint/142

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