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Renewable and Non-renewable Energy Consumption in Indonesia: Does it Matter for Economic Growth?
2023
Journal:  
International Journal of Energy Economics and Policy
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Abstract During the last decade, the energy sector has become important in shaping a country's economy. This study aims to analyze renewable and non-renewable energy's impact on Indonesia's economic growth. This study uses a quantitative method, using the Johansen cointegration test and FMOLS and DOLS cointegrating regression. The data period used in this study is from 1980-2019. The results of the study show that renewable energy consumption has a negative effect on Indonesia's economic growth. This is because renewable energy production is still limited, but the level of consumption continues to increase. Consumption of non-renewable energy has a positive effect on Indonesia's economic growth. The consumption of fossil energy causes this is still very high in Indonesia. Dependence on fossil energy is still high amid renewable energy production, which the government is continuously promoting. In general, energy consumption positively affects Indonesia's economic growth. When the two are combined, they positively contribute to the national economy. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-03-24 How to Cite Aswadi, K., Jamal, A., Syahnur, S., & Nasir, M. (2023). Renewable and Non-renewable Energy Consumption in Indonesia: Does it Matter for Economic Growth?. International Journal of Energy Economics and Policy, 13(2), 107–116. https://doi.org/10.32479/ijeep.13900 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and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher.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) Ikhsan Ikhsan, Kamal Fachrurrozi, Muhammad Nasir, Elfiana Elfiana, Nurjannah Nurjannah, Energy-Growth Nexus in Indonesia: Fresh Evidence from Asymmetric Causality Test , International Journal of Energy Economics and Policy: Vol. 12 No. 1 (2022) Kamaruddin Kamaruddin, Yusri Hazmi, Raja Masbar, Sofyan Syahnur, M. Shabri Abd. Majid, Asymmetric Impact of World Oil Prices on Marketing Margins: Application of NARDL Model for the Indonesian Coffee , International Journal of Energy Economics and Policy: Vol. 11 No. 6 (2021) Saiful Badli, Raja Masbar, Nazamuddin Nazamuddin, Muhammad Nasir, T. Zulham, Jumadil Saputra, Syahril Syahril, Helmi Noviar, Investigating the Efficiency of Government Expenditure on Energy Consumption (Fuel) Subsidy Policy in Indonesia: An Application of Stochastic Frontier Model , International Journal of Energy Economics and Policy: Vol. 10 No. 4 (2020) Nuri Rosmika, Raja Masbar, Sofyan Syahnur, Suriani Suriani, The Impact of the Information and Communication Technology and Electricity on Inter-island Interactions in Indonesia , International Journal of Energy Economics and Policy: Vol. 12 No. 4 (2022) Syahril Syahril, Raja Masbar, Sofyan Syahnur, Shabri A. Majid, T. Zulham, Jumadil Saputra, Saiful Badli, Irmayani Irmayani, The Effect of Global Prices of Crude Palm Oil, Marketing Margins and Palm Oil Plantations on the Environmental Destruction: An Application of Johansen Cointegration Approach , International Journal of Energy Economics and Policy: Vol. 9 No. 4 (2019) Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

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Article : 2.578
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International Journal of Energy Economics and Policy