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Macroeconomic Factors Affecting Natural Gas Export Management

Author

Listed:
  • Muhammad Alkirom Wildan

    (Faculty of Economics and Business, University of Trunojoyo Madura, Indonesia,)

  • Mochamad Ali Imron

    (Faculty of Business and Economics, University of Islam Indonesia, Indonesia)

  • Endang Siswati

    (Faculty of Economics, University of Bhayangkara Surabaya, Indonesia.)

  • Siti Rosyafah

    (Faculty of Economics, University of Bhayangkara Surabaya, Indonesia.)

Abstract

Indonesia as a rich country with its natural resources to be one of the countries in the world to play an active role in increasing international trade flows. One of the energy which is very beneficial to human life is a natural gas. The use of this energy will meet to household needs and another important needs for industry. The data presented is a secondary data in the form of time series for 22 years, a period 1995-2017. The variables of this study are domestic consumption, exchange rate, international price, and GDP per capita of the importing country. Then, the analytical method used is Auto-regressive Distributed Lag (ARDL). The results of the analysis shown that in the short term all variables such as domestic consumption, exchange rates, natural gas prices and GDP per capita significantly influence to volume of natural gas exports. While in the long run term, the results which is the same as the short run, that is, all the independent variables such as domestic consumption, the exchange rate, international prices and GDP per capita have a significant effect on the volume of natural gas exports.

Suggested Citation

  • Muhammad Alkirom Wildan & Mochamad Ali Imron & Endang Siswati & Siti Rosyafah, 2021. "Macroeconomic Factors Affecting Natural Gas Export Management," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 639-644.
    • Handle: RePEc:eco:journ2:2021-01-75
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    Cited by:

    1. Unggul Priyadi & Eko Atmadji & Listya Endang Artiani & Shahrina Md Nordin & Muhammad Ridhuan Tony Lim Abdullah & Mochamad Ali Imron & Muhammad Alkirom Wildan & Rohayu Che Omar, 2022. "Sustainable Energy Economic Policy: Population, Energy Consumption, and Macroeconomic Conditions," International Journal of Energy Economics and Policy, Econjournals, vol. 12(6), pages 80-85, November.
    2. Muhamad Nafik Hadi Ryandono & Mochamad Ali Imron & Muhammad Alkirom Wildan, 2022. "World Oil Prices and Exchange Rates on Islamic Banking Risks," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 409-413, July.
    3. Selamet Joko Utomo & Titov Chuk's Mayvani & Mochamad Ali Imron, 2021. "Coal Energy and Macroeconomic Conditions," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 426-432.

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    More about this item

    Keywords

    Gas consumption; Exchange rate; Natural gas; Gross domestic product;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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