Causality Between Carbon Dioxide (CO2) Emissions and Economic Growth in Indonesia
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 01
Abstract
Economic growth and environmental protection are two goals that are often considered contradictory. Strong economic growth tends to require high energy consumption, which is often obtained from fossil fuel sources. The aim of this research isthe relationship between carbon dioxide (CO2) emissions and economic growth in Indonesia. This type of research is descriptive qualitative with a quantitative approach, the data source in this research uses 41 year time series data in the period 1980 - 2021 in Indonesia, the research was attempted using Multivariate Time Series Analysis Panel Information on Vector Auto Regression (VAR) combined with Vector Error Correction Form (VECM) uses the statistical application EViews 9. 0. Economic development is the progress of activity in the economy which causes the creation of goods and services in society to increase and the abundance of society to increase, carbonium dioxide (CO2) is a colorless, odorless gas compound that obtained from incomplete combustion of materials containing charcoal or organic matter. Research results show that this lack of connection is also due to the high dependence on fossil fuel sources, which is almost 2 thirds of total energy use, so that increasing energy use can affect carbonium dioxide (CO2) emissions in Indonesia. The ever-increasing number of means of transportation also greatly influences the increase in the use of natural oil, which in the future could disrupt the balance of the area's ecosystem which has an impact on other living creatures.
Authors and Affiliations
Efi Lismiyah, Marselina, Arivina Ratih Taher
Keywords
Related Articles
- EP ID EP730263
- DOI 10.47191/jefms/v7-i1-74
- Views 57
- Downloads 0
Assessing the Stability of the Oil and Gas Production in Common Fields: Application of Game Theory
One of Iran's oil and gas reservoirs' characteristics is that some of Iran's huge reservoirs are shared with its neighbors. Iran's common oil and gas fields with its neighbors are among the most valuable income and natio...
Theoretical and Legal Aspects of Liquidation of Business Entities in the Republic of Uzbekistan
This article is devoted to the theoretical and legal aspects of the liquidation of business entities in the Republic of Uzbekistan and the analysis of positive statistics achieved as a result of improving the regulatory...
Shariah Financing Model on Salt Mini Plant UTM in Order to Increase Production and Income Numbers
The purpose of this study is to provide an alternative model of Islamic financing to the salt business, namely the Mini Plant of Salt UTM. The existence of a shariah financing system that applies the principle of profit...
Determinants of the Ability of Spi Personnel in the Prevention and Detection of Fraud at State Universities (PTN) in Indonesia
This research aims to test, analyze and apply grand theory to the determining factors of SPI personnel's ability as internal auditors in educational sector institutions, namely competence, independence, work experience,...
Exploring the Role of Innovation on Economic Performance of Manufacturing Firm in Nigeria
The survival of any business in the current competitive state of industries worldwide directly affects its competitiveness, which is linked with innovativeness in the previous literature. Despite its significance, numero...