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Full-Text Articles in Social and Behavioral Sciences
Pengaruh Pdb Per Kapita Dan Konsumsi Energi Terhadap Emisi Grk Di Indonesia, Sarwono Alfian H. Nadeak, Nasrudin Nasrudin
Pengaruh Pdb Per Kapita Dan Konsumsi Energi Terhadap Emisi Grk Di Indonesia, Sarwono Alfian H. Nadeak, Nasrudin Nasrudin
Jurnal Ekonomi dan Pembangunan Indonesia
The purpose of this research is to analyze the effect of GDP per capita and energy consumption on greenhouse gas emissions and test the hypothesis of the Environmental Kuznets Curve (EKC) in Indonesia. This study uses two methods, namely Error Correction Mechanism (ECM) and Autoregressive Distributed Lag (ARDL) with bound testing approach. The results showed that GDP per capita had a positive effect on greenhouse gas emissions. Renewable energy consumption negatively affects greenhouse gas emissions, while non-renewable energy consumption negatively affects total greenhouse gas emissions, but positively influences CO2 emissions. In the long run, the EKC hypothesis applies in Indonesia.
Konsumsi Energi, Pembangunan Sektor Keuangan Dan Emisi Karbon Di Indonesia, Monica Ruth Karunia, Ahmad Komarulzaman, Ari Tjahjawandita
Konsumsi Energi, Pembangunan Sektor Keuangan Dan Emisi Karbon Di Indonesia, Monica Ruth Karunia, Ahmad Komarulzaman, Ari Tjahjawandita
Jurnal Ekonomi dan Pembangunan Indonesia
This study investigates EKC hypothesis in Indonesia over the period of 1980–2019. Within the EKC framework, we examine the impact of GDP, energy consumption, and financial development on CO2 emissions using ARDL bound-test. The results show that the study variables are cointegrated, representing a long-run relationship. The EKC hypothesis is not validated as we found a U-shaped relationship. Given the turning point (IDR13,274,579) has been reached in 1987, a further increase in GDP would only be associated with an increase in CO2 emissions. While energy consumption increases CO2 emissions, financial development seems to improve environmental quality by lowering CO2 emissions.