ANALYSIS OF FUEL OIL PRODUCTION AND FUEL PRICES ON POVERTY IN INDONESIA
DOI:
https://doi.org/10.29103/icofeb.v1i-.362Keywords:
fuel oil, fuel Price, povertyAbstract
This study analyzed the effect of fuel oil (BBM) production and fuel prices on poverty in Indonesia. This study uses secondary data and quantitative methods with the type of time series data from 1993-2022 obtained from the Central Bureau of Statistics and the Ministry of Mineral Resources (MEMR). The model used in this research is the VECM model (Vector Error Correction Model) using the Eviews 10 program. The results of this research show that in the short-term fuel and fuel prices have a positive and insignificant effect on poverty. In the long term, fuel has a positive and significant effect on poverty, while fuel prices have a negative and insignificant effect on poverty.
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Proceedings of International Conference on Finance Economics and Business (ICOFEB)
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors retain copyright and grant the proceeding right of first publication and this work is licensed under a Creative Commons Attribution-ShareAlike 4.0 that allows others to share the work with an acknowledgement of the works authorship and initial publication in this proceeding .
All articles in this proceeding may be disseminated by listing valid sources and the title of the article should not be omitted. The content of the article is liable to the author.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the proceeding 's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this proceeding .
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
In the dissemination of articles by the author must declare the Proceedings of International Conference on Finance Economics and Business (ICOFEB) as the first party to publish the article.
