The relationship between renewable energy and sustainable development in Indonesia

This paper is conducted to examine the relationship between the use of renewable energy and FDI in Indonesia. The data used in this study is secondary data that has been published by the World Bank and accessed in www.Data.worldbank.org. periode 2004-2019. The data analysis method used is the autore...

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Bibliographic Details
Published in:IOP conference series. Earth and environmental science 2021-11, Vol.922 (1), p.12034
Main Authors: Syamni, G, Wardhiah, Zulkifli, Siregar, M J A, Sitepu, Y A
Format: Article
Language:English
Subjects:
Alternative energy sources
Data analysis
Economic development
Economic growth
Economics
Energy
Energy sources
Long term
Renewable energy sources
Renewable resources
Sustainable development
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Summary:This paper is conducted to examine the relationship between the use of renewable energy and FDI in Indonesia. The data used in this study is secondary data that has been published by the World Bank and accessed in www.Data.worldbank.org. periode 2004-2019. The data analysis method used is the autoregressive distributed lag (ARDL) method. The results of the study found that the use of renewable energy in the short and long term has a positive effect on Indonesia’s economic growth. Meanwhile, the same thing is also shown from the FDI variable in the short term and long term which has a significant positive effect on economic growth and has a positive effect on economic growth. Finally, with this finding, it is concluded that both the short and long term the Indonesian government needs to make a breakthrough to explore renewable energy sources for economic growth.
ISSN:1755-1307
1755-1315
DOI:10.1088/1755-1315/922/1/012034