Jauhari, Hadi and Dewata, Evada and Ridho, Sari Lestari Zainal and Miskiyah, Neneng (2018) RENEWABLE ENERGY CONSUMPTION, CO2 EMISSIONS AND ECONOMIC GROWTH IN INDONESIA. Sriwijaya Economics, Accounting, and Business Conference International Seminar and Conference. pp. 29-36. ISSN 978-989-758-387-2 (ISBN)
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Abstract
This paper aims to examine the causation between renewable energy consumption, CO2 emissions and economic growth in Indonesia using time series data from 2000 to 2016. Economic growth and renewable energy consumption are endogenous variables, while CO2 emissions, and world oil prices as variables exogenous. Johansen co-integration, Granger's causality, and VAR model are used to measure the causalities effects of renewable energy consumption, CO2 emissions and economic growth. The results show that There is no one or two-way causality relationship between economic growth and consumption of renewable energy and CO2 emissions. There is one-way causality between renewable energy consumption and CO2 emissions but not vice versa, and there is no one or two-way causality between renewable energy consumption and world oil prices.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Renewable Energy Consumption, Economic Growth, Johansen co-integration, Granger causality |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Business Administration > Proceeding and Seminar |
| Depositing User: | Mrs Trisni Handayani |
| Date Deposited: | 20 Mar 2023 09:29 |
| Last Modified: | 20 Mar 2023 09:29 |
| URI: | http://eprints.polsri.ac.id/id/eprint/13102 |
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