Pengaruh Ekspor dan Impor Minyak Bumi terhadap Pertumbuhan Ekonomi Indonesia

The aim of this research is to analyze the effect of crude oil exports and imports on economic growth in Indonesia. This research based on the large changes in the value of Indonesia crude oil exports and the crude oil imports too. This research uses time series data in the period of 1993-2011. The analysis uses regression modeling approach, which consists of simple linear regression model and Error Correction Model (ECM). The result of the research shows that the value of crude oil exports a significant effect on economic growth in Indonesia in a positive relationship. Similar results were also shown by Indonesia's crude oil imports are also significant effect on economic growth in Indonesia is also in positive relationship. By using the error correction model known that for the long term that value of crude oil exports negatively affect on economic growth in Indonesia. The different result shows by the value of crude oil imports which positive influence on Indonesia's economic growth for the long run.