Short-run and long-run effect of oil consumption on economic growth: ECM model
The aim of this study is to investigate the effect of oil consumption on economic growth of Aceh in the long-run and short-run by using Error Correction Model (ECM) model during the period before the world commodity prices fall of 1985–2008. Four types of oil consumption will be focused on Avtur, Ga...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Islam Indonesia
2014-04-01
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| Series: | Economic Journal of Emerging Markets |
| Subjects: | |
| Online Access: | https://www.hmj.accounting.uii.ac.id/JEP/article/view/3866 |
| _version_ | 1828339095989911552 |
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| author | Sofyan Syahnur Endra Endra Said Muhammad |
| author_facet | Sofyan Syahnur Endra Endra Said Muhammad |
| author_sort | Sofyan Syahnur |
| collection | DOAJ |
| description | The aim of this study is to investigate the effect of oil consumption on economic growth of Aceh in the long-run and short-run by using Error Correction Model (ECM) model during the period before the world commodity prices fall of 1985–2008. Four types of oil consumption will be focused on Avtur, Gasoline, Kerosene and Diesel. The data is collected from Central Bureau of Statistics of Aceh (BPS Aceh). The result of this study shows a merely positive effect of oil consumption type diesel to economic growth in Aceh both in the short run and the long run. |
| first_indexed | 2024-04-13T22:37:35Z |
| format | Article |
| id | doaj.art-e5ef6a39678d410dbdae97838190af3c |
| institution | Directory Open Access Journal |
| issn | 2086-3128 2502-180X |
| language | English |
| last_indexed | 2024-04-13T22:37:35Z |
| publishDate | 2014-04-01 |
| publisher | Universitas Islam Indonesia |
| record_format | Article |
| series | Economic Journal of Emerging Markets |
| spelling | doaj.art-e5ef6a39678d410dbdae97838190af3c2022-12-22T02:26:43ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2014-04-0161Short-run and long-run effect of oil consumption on economic growth: ECM modelSofyan Syahnur0Endra Endra1Said Muhammad2Faculty of Economics, Universitas Syiah Kuala, Banda AcehFaculty of Economics, Universitas Syiah Kuala, Banda AcehFaculty of Economics, Universitas Syiah Kuala, Banda AcehThe aim of this study is to investigate the effect of oil consumption on economic growth of Aceh in the long-run and short-run by using Error Correction Model (ECM) model during the period before the world commodity prices fall of 1985–2008. Four types of oil consumption will be focused on Avtur, Gasoline, Kerosene and Diesel. The data is collected from Central Bureau of Statistics of Aceh (BPS Aceh). The result of this study shows a merely positive effect of oil consumption type diesel to economic growth in Aceh both in the short run and the long run.https://www.hmj.accounting.uii.ac.id/JEP/article/view/3866Oil ConsumptionEconomic GrowthpriceECM |
| spellingShingle | Sofyan Syahnur Endra Endra Said Muhammad Short-run and long-run effect of oil consumption on economic growth: ECM model Economic Journal of Emerging Markets Oil Consumption Economic Growth price ECM |
| title | Short-run and long-run effect of oil consumption on economic growth: ECM model |
| title_full | Short-run and long-run effect of oil consumption on economic growth: ECM model |
| title_fullStr | Short-run and long-run effect of oil consumption on economic growth: ECM model |
| title_full_unstemmed | Short-run and long-run effect of oil consumption on economic growth: ECM model |
| title_short | Short-run and long-run effect of oil consumption on economic growth: ECM model |
| title_sort | short run and long run effect of oil consumption on economic growth ecm model |
| topic | Oil Consumption Economic Growth price ECM |
| url | https://www.hmj.accounting.uii.ac.id/JEP/article/view/3866 |
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