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Journal : Jurnal Perspektif Pembiayaan dan Pembangunan Daerah

The impact of economic growth, inequality, and resource depletion on CO2 emissions in Indonesia: Evidence from the ARDL model Annisa, Annisa; Yulianita, Anna; Bashir, Abdul
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 13 No. 3 (2025): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/ppd.v13i3.40844

Abstract

This study examines the impact of natural resource depletion, economic growth, and income inequality on CO₂ emissions in Indonesia from 1990 to 2021. Utilizing time series data from the World Bank, the analysis employs the Auto-Regressive Distributed Lag (ARDL) model to simultaneously assess both short- and long-run relationships among the variables, while also testing the validity of the Environmental Kuznets Curve (EKC) hypothesis. The results reveal that natural resource depletion, economic growth, and income inequality all have a positive and statistically significant effect on CO₂ emissions in both the short and long term. Furthermore, the findings provide strong empirical support for the existence of an inverted U-shaped EKC in Indonesia, indicating that emissions initially rise with income but eventually decline beyond a certain income threshold. These results underscore the crucial need for comprehensive policy frameworks that effectively integrate economic development, environmental sustainability, and social equity. In particular, the significant role of resource depletion necessitates prioritizing sustainable resource management strategies—such as forest conservation, responsible mining practices, and improved resource efficiency—to mitigate environmental degradation.
The impact of the blue economy and renewable energy on CO2 emissions in Indonesia: An ARDL approach Shodrokova, Xenaneira; Yulianita, Anna; Bashir, Abdul; Asngari, Imam; Hidayat, Ariodillah
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 12 No. 3 (2024): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/ppd.v12i3.34183

Abstract

Indonesia, the largest archipelagic country in the world with rich marine biodiversity, has significant potential for developing a blue economy encompassing aquaculture, sustainable fisheries, and maritime tourism. However, if not managed sustainably, these activities could increase CO2 emissions. Indonesia is also among the world's highest emitters of greenhouse gases, largely due to deforestation, forest burning for agriculture, and reliance on fossil fuels in the energy sector. Given global commitments to reducing emissions and mitigating climate change, this research explores how the blue economy and the transition to renewable energy can contribute to lowering CO2 emissions. This study examines both short- and long-term impacts using the Autoregressive Distributed Lag (ARDL) approach. The findings reveal that while increased aquaculture production initially reduces CO2 emissions due to efficiency gains and environmentally friendly technologies, its long-term effects are more complex and may lead to higher emissions. On the other hand, renewable energy consumption significantly reduces CO2 emissions in the short and long term. Conversely, higher energy intensity contributes to increased CO2 emissions, which can be mitigated through improved energy efficiency.
Fiscal decentralization, monetary policy, and economic growth in Indonesia: A panel data analysis Syahrimi, Syahrimi; Hidayat, Ariodillah; Yulianita, Anna
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 13 No. 4 (2025): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/ppd.v13i4.42111

Abstract

The implementation of regional governance through fiscal decentralization, particularly in the management of Local Own-Source Revenue (PAD), demonstrates that regional fiscal autonomy can effectively enhance community welfare under a decentralized government structure. Using the Ordinary Least Squares (OLS) method with panel data for the period 2010–2024, this study provides empirical evidence that community welfare—measured by the growth of real Gross Regional Domestic Product (GRDP) per capita—is significantly and positively influenced by several key factors. These include Local Own-Source Revenue (PAD) with a coefficient of 0.258, Transfer Funds to Regions and Village Funds (TKDD) with a coefficient of 0.046, the Human Development Index (HDI) with a coefficient of 0.070, and Regional Investment (FDI) with a coefficient of 0.006. However, the study also identifies challenges to sustaining real GRDP growth per capita, particularly from interest rates and income inequality, which exhibit significant negative relationships with coefficients of –0.202 and –0.011, respectively. These findings suggest that disparities in population income distribution and fluctuations in borrowing costs can hinder regional economic performance. To address these challenges, regional governments must adopt fiscal incentive policies that stimulate revenue generation and investment while prioritizing human resource development. Moreover, closer collaboration with central banking authorities is essential to manage monetary policy—especially in controlling interest rates—to maintain stability and ensure balanced, inclusive regional growth.
Co-Authors Abdul Bashir ABDUL BASHIR, ABDUL Abukosim, Abukosim Adnan, Nazeli Afrillia Tiara Putri AK, Syamsurijal Alghifari Mahdi Igamo Alkautsar, Muhammad Anaperta, Yoszi Andriana, Isni Annisa Annisa Annisa Fitriyah Arien Sandra Olivia ASPAHANI ., ASPAHANI Azwardi Azwardi Barezki, M Bagus Bernadette Robiani Clara Ayu Monica Deassy Apriani Dede Mardhian Dian Sari, Okta Didik Susetyo Dwi Darma Puspita Sari Feny Marissa Feny Marissa Fera Widyanata Fera Widyanata Fuadah, Luk Luk Haqqie Muflicha Bissalamy Harunnurasyid Harunnurasyid Harunnurasyid, Harunnurasyid Harunurrasyid, Harunurrasyid Hidayat, Ariodillah Hisni Rahmi Imam Asngari Imam Asngari Imelda Imelda Imelda Imelda Inten Meutia Izmi Dwi Maharani Poetri Kemas Muhammad Husni Thamrin Lisa Hermawati Lisa Hermawati Lizarifah, Lizarifah Luk Luk Fuadah M Bagus Barezki Mardalena Mardalena Mardhian, Dede Marissa, Feny Martalita, Nadia Lasa Marwa, Taufiq Marwa, Taufiq Meliana Sari, Meliana Muflicha, Haqqie Muhammad Alkautsar Muhammad Arsy Quraisyhab Muhammad Boy Sandy Muhammad Rifki Muizzuddin Muizzuddin Mukhlis Mukhlis Mukhlis Mukhlis Mukhlis Nadine Brillianta Hanifah Nadya Ayu Delima Nazeli Adnan Nazeli Adnan Putri Siski Ramadhan, Dimas Resy Ratih Purwasih Rela Sari Restu Juniah restu juniah, restu Ridho Yovanda Ridhowati, Sherly Rina Tjandrakirana Rohman, Abdul Saadah Yuliana Sari, Rela Selvi Marcellia Sherly Ridhowati Shodrokova, Xenaneira Siti Rohima Sri Rahma Witta Sri Wahyuni Subardin Subardin, Subardin Sukanto Sukanto Susetyo, Didik Syahrimi, Syahrimi Taufiq Taufiq Yos Karimudin Yovanda, Ridho Yunisvita, Yunisvita Zulfikri Zulfikri, Zulfikri