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Abstract The purpose of this study is to find out whether there is a curse or blessing of Indonesia's natural resources and to find out how the long-term influence of natural resource rents, foreign direct investment, inflation, and the Covid-19 pandemic on economic growth. Based on the purpose of the study, the method used is a Fully Modified Ordinary Least Square (FMOLS). The results show that Indonesia is free from the curse of natural resources, meaning that Indonesia's natural resources have blessings for economic growth. In addition, based on the FMOLS test, it is known that foreign direct investment has not influenced economic development. Meanwhile, inflation and Covid-19 have a negative and significant influence on Indonesia's economic growth. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-03-24 How to Cite Wahyudi, H., & Palupi, W. A. (2023). Natural Resources Curse in Indonesia. International Journal of Energy Economics and Policy, 13(2), 349–356. https://doi.org/10.32479/ijeep.14077 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 2 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Heru wahyudi, R. Weddie Andriyanto, Armeita Tresnaningtyas, Kamadie Sumanda, Widia Anggi Palupi, Analysis of Oil Price and Exchange Rate in Indonesia , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Heru Wahyudi, Suripto Suripto, Widia Anggi Palupi, Long-Term Implications of Economic Complexity and Energy Intensity on the Environment in Lower-Middle-Income Countries in Asia , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Heru Wahyudi, Widia Anggi Palupi, Relationship between Energy Consumption, Foreign Direct Investment, and Labor Force Participation Using the VECM Model: Empirical Study in OECD Countries , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Heru wahyudi, Widia Anggi Palupi, What is the Short-term and Long-term Relationship between Renewable Energy and Investment in Economic Growth? , International Journal of Energy Economics and Policy: Vol. 13 No. 3 (2023) Heru Wahyudi, Winda Rika Lestasi, Ratna Septiyanti, Widia Anggi Palupi, Walking as an Alternative to Indonesia’s Oil Consumption Problem , International Journal of Energy Economics and Policy: Vol. 13 No. 4 (2023) Make a Submission Make a Submission Dergi Kapağı

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