Abstract

This study aims to analyze the effect of energy consumption and defense expenditure on economic growth partially in theshort and long term in Indonesia. This study uses secondary data with descriptive analysis using Time Series data from 1988 to 2017. The analytical method used is Auto Regression Distributed Lag (ARDL). The results of this study indicate that energy consumption in the long run has a negative and significant effect on economic growth in Indonesia. Energy consumption in the short term has a negative and not significant effect on economic growth in Indonesia. Defense spending has a positive and significant effect on economic growth in Indonesia in the long term and in the short term. It can be concluded that in the long run energy consumption and defense expenditure significantly influence economic growth in Indonesia.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.