ANALYSIS OF OPEN TRADE, OIL AND GAS INCOME TAX AND NATURAL RESOURCES ON ECONOMIC GROWTH IN INDONESIA
DOI:
https://doi.org/10.29103/icofeb.v2i-.1157Keywords:
Open Trade, Oil and Gas Income Tax, Natural Resources, Economic Growth, ARDLAbstract
The aim of this study is to determine the impact of free trade, oil and gas revenue tax, and natural resource tax on economic growth in Indonesia. This study uses secondary data and quantitative methods with time series from 1990 to 2023 with a total of 33 years of data obtained from the Central Statistical Agency (BPS) and the World Bank. The model used in this study is ARDL (Autoregressive Distributed Lag) model using Eviews 10. The results of this study show that there is cointegration with the error correction term (ECT) value of -0,570000. In the short and long run, the trade openness variable has a negative and significant impact on economic growth, the oil and gas income tax variable in the short and long run has a positive and significant impact on economic growth, while natural resources have a negative impact. short term and insignificant impact, but in the long term they have a negative and significant impact on Indonesia's economic growth
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