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The Influence of Investment, Energy Infrastructure, and Human Capital Towards Convergence of Regional Disparities in Sumatra Island, Indonesia; Using Oil and Gas Data and Without Oil and Gas
2023
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International Journal of Energy Economics and Policy
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Abstract This study aims to analyze the level of economic disparity and the influence of several economic and social variables on the convergence process between regions on Sumatra Island by using oil & gas and non-oil data to support the achievement of the 10th goal of sustainable development or SDGs 2030. The dataset used is panel data totaling 154 Regencies/Cities from 2010-2020. The analytical tool used is the Theil index, conventional panel data regression approaches, panel spatial data, and comparisons with both approaches to produce the best model. The results of the Theil index show that the disparity trend is decreasing for both data. The disparity value of oil & gas is more remarkable than without oil & gas. Furthermore, comparing the panel data method produces a superior and realistic spatial model. From the spatial model using the SEM approach, the convergence speed for oil & gas is 4.01% with a half-life of about 17 years, and for non-oil & gas, it is 5.37% with a half-life of about 12 years. All variables significantly affect the convergence process and are valid for oil & gas and non-oil & gas data. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-07-09 How to Cite Hidayat, M., Bachtiar, N., Sjafrizal, S., & Primayesa, E. (2023). The Influence of Investment, Energy Infrastructure, and Human Capital Towards Convergence of Regional Disparities in Sumatra Island, Indonesia; Using Oil and Gas Data and Without Oil and Gas. International Journal of Energy Economics and Policy, 13(4), 139–149. https://doi.org/10.32479/ijeep.14117 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 4 (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) Muhammad Hidayat, Nasri Bachtiar, Sjafrizal Sjafrizal, Elvina Primayesa, Does Investment and Energy Infrastructure Influence Convergence in Sumatra Island, Indonesia? , International Journal of Energy Economics and Policy: Vol. 12 No. 4 (2022) Muhammad Fikry Hadi, Muhammad Hidayat, Dwi Widiarsih, Neng Murialti, The Role of Electricity and Energy Consumption Influences Industrial Development between Regions in Indonesia , International Journal of Energy Economics and Policy: Vol. 11 No. 3 (2021) Muhammad Hidayat, Ranti Darwin, M. Fikry Hadi, Does Energy Infrastructure Reduce Inequality Inter-regional in Riau Province, Indonesia? , International Journal of Energy Economics and Policy: Vol. 10 No. 1 (2020) 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

Metrics
Article : 2.578
Cite : 3.966
2023 Impact : 0.22
International Journal of Energy Economics and Policy