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The Asymmetry Effect of Oil Consumption, Unemployment and Broadband Technology on Economic Growth in Indonesia

Author

Listed:
  • Wali Aya Rumbia

    (Department of Economics, Halu Oleo University, Kendari 93232, Indonesia)

  • Abd Azis Muthalib

    (Department of Economics, Halu Oleo University, Kendari 93232, Indonesia)

  • Bakhtiar Abbas

    (Sekolah Tinggi Ilmu Ekonomi Enam-Enam, Kendari 93121, Indonesia)

  • Pasrun Adam

    (Sekolah Tinggi Ilmu Ekonomi Enam-Enam, Kendari 93121, Indonesia)

  • Asrul Jabani

    (Sekolah Tinggi Ilmu Ekonomi Enam-Enam, Kendari 93121, Indonesia)

  • Yuwanda Purnamasari Pasrun

    (Department of Information System, Universitas Sembilanbelas November, Kolaka 93514, Indonesia)

  • Dzulfikri Azis Muthalib

    (Study Program of Management, Universitas Muhammadyah, Kendari 93118, Indonesia)

Abstract

This research aims to examine the asymmetry effect of oil consumption, unemployment, and broadband technology on economic growth in Indonesia. Data on these attributes were annually collected from 2000 to 2019. The effect test result using the nonlinear autoregressive distributed lag (NARDL) model showed that oil consumption and unemployment affect economic growth asymmetrically in the long and short term. Meanwhile, broadband technology only affects economic growth only in the long term, and this effect is positive.

Suggested Citation

  • Wali Aya Rumbia & Abd Azis Muthalib & Bakhtiar Abbas & Pasrun Adam & Asrul Jabani & Yuwanda Purnamasari Pasrun & Dzulfikri Azis Muthalib, 2022. "The Asymmetry Effect of Oil Consumption, Unemployment and Broadband Technology on Economic Growth in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 276-281, March.
    • Handle: RePEc:eco:journ2:2022-02-30
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    References listed on IDEAS

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    More about this item

    Keywords

    Oil Consumption; Unemployment; Broadband Technology; NARDL Model;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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