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- W2182483669 abstract "In 2010 the Government of Indonesia has changed the purpose of utilization of natural gas, from export oriented in order to earn foreign exchange became sufficient gas for domestic oriented as to encourage national production growth and create a greater multiplier effect on the economy. This policy pored over regulation of the Minister of Energy and Mineral Resources No. 03 of 2010 on The Allocation and Utilization of Natural Gas for Domestic Needs. This condition brings dilemmatic to the Government. Therefore the purpose of this research is (1) analyzing the economic factors that affect the supply and demand as well as exports of gas Indonesia and (2) analyzing the reallocation policy on the development of gas industry and economic growth in Indonesia. In order to answer the research objectives is used econometrics approach with 2SLS methods and used time series data from 2000-2012. The results showed that the main factors that affect the behavior of the production of gas are the world gas price and Indonesian gas price. While export gas Indonesia's response to the gas production of elastic in the long run shows the development potential of resources in pushing gas export gas Indonesia. On the other hand the factors that affect the demand for gas by Indonesian electrical company and industrial fertilizers urea vary. However subsidies became influential real policies in boosting demand for gas by both industries. Based on simulation results in 2012-2018 showed that the reallocation policy gas Indonesia has not yet given the best solution for increasing domestic demand for gas Indonesia. The policy of future energy development by Goverment on gas would give relative positive impact to the economic growth and development of gas production ." @default.
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- W2182483669 date "2014-01-01" @default.
- W2182483669 modified "2023-09-24" @default.
- W2182483669 title "GAS RE-ALLOCATION POLICY ON ECONOMIC GROWTH IN INDONESIA" @default.
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