The Impact of Total Cost Changes on Macroeconomic Aspects and Petrochemical Industry of SB Latex in Indonesia in The Period of 1997-2015

Rosalendro Eddy Nugroho

The purpose of this research is to recommend the model of Total Cost Petrochemical Industry (SB latex) in Indonesia viewed from the side of SB Latex Indonesia Industry and Macroeconomic Aspect in the period 1997-2015. The results will be published in internationally reputable journals. Specific objectives of research for nineteen years are 1) Analyzing the effect of Change; Oil Price, SB Latex Price, Styrene Price, Changes in Bank Indonesia Interest Rates, Inflation Rate & Indonesian Economic Growth on Total Cost Changes. 2) Analyzing what factors are the most powerful impact on changes in Total Cost in terms of Macroeconomic Aspects and changes in Oil prices, SB Latex Price, Styrene Price. Some of the analytical tools used are Multiple Regression Equations with through the Multicollinearity Test, Heterokedastisitas Test, Autocorrelation Test because if there is a deviation then the t test and F test done previously become invalid.  The research results show the most influential and significant is the rate of inflation, economic growth, world crude oil prices and styrene prices. The macroeconomic aspect has a positive impact, while the styrene price has a negative effect.