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All Journal JURNAL ECONOMIA Jurnal Gaussian JMM (Jurnal Masyarakat Mandiri) Surya Abdimas Kumawula: Jurnal Pengabdian Kepada Masyarakat Journal of Public Administration and Government (JPAG) Pasundan Journal of Mathematics Education : Jurnal Pendidikan Matematika Connection : Jurnal Pengabdian Kepada Masyarakat Indonesian Journal of Devotion and Empowerment (IJDE) JURNAL PENGABDIAN PENDIDIKAN MASYARAKAT (JPPM) Bookchapter Ekonomi Universitas Negeri Semarang MIMBAR : Jurnal Sosial dan Pembangunan Jurnal REP (Riset Ekonomi Pembangunan) Jurnal Ekonomi dan Pembangunan Indonesia Economics Development Analysis Journal Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah
Dwi Rahmayani, Dwi
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Religion Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Energy Engineering Environmental Science Health Professions Languange, Linguistic, Communication & Media Library & Information Science Mathematics Public Health Social Sciences Other

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Journal : JURNAL ECONOMIA

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The Dynamic Nexus Among Energy Consumption, Economic Growth, and Green Finance on Environmental Quality Rahmayani, Dwi; Anas, Muhammad; Rachman, Mohammad Aulia; Vikia, Yahya Mahda
Jurnal Economia Vol. 21 No. 3 (2025): October 2025
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v21i3.72253

Abstract

This study investigates the relationship among energy consumption, economic growth, and green finance on environmental degradation. The Panel Dynamic ARDL-PMG was used to analyze the model in 33 provinces in Indonesia from 2010 to 2022. The result shows that GRDP per capita, Motor Vehicle Volume, and Green Finance significantly positively affect the Environmental Quality Index in the long run. In the short run, GRDP per capita significantly negatively affects the EQI. The findings of this study emphasize that the implementation of Indonesia's energy transition policy must be completed, including a comprehensive transition from upstream to downstream. The transition to a non-fossil fuel energy system must begin by converting fossil fuel power plants to non-fossil fuel power plants. Meanwhile, the government must expand public transportation and encourage electric vehicles through fiscal incentive schemes.
Co-Authors Afif Dhia Pratama Agus Hermanto Andryan Setyadharma Anton Supriyadi Avi Budi Setiawan Ayuntavia, Ayuntavia Azizah, Farida Nur Damsih, Damsih Deky Aji Suseno, Deky Aji Dwi Ispriyanti Dyah Maya Nihayah Eka Asmarani, Tuti Fauziyah, Izzatul Fredericho Mego Sundoro Grace Natalia Marpaung, Grace Natalia Hakim, Muhammad Andi Auliya Ibnu Tsani, Luthfi Ibrahim, Badar Fadlan Isnaini, Elvira Latifa Karisma, Dewi Kiswantoro, Didik Kurniantyas, Nuuferulla Miladiah, Rena Moch. Abdul Mukid Muhammad Anas Nihayah, Annis Nurfitriana Nurwahyudi, Achmad Oktavilla, Shanty P. Eko Prasetyo Permanawati, Rahmadani Nur Prasetyo Ari Bowo, Prasetyo Ari Pratama, Afif Dhia Rachman, Mohammad Aulia Rosalia, Amelia Choya Tia Runtiningsih, Sri Rusli Abdulah, Rusli Rusli, A.M Sabita, Riska Widya Safitri, Aulia Gita Shanty Oktavilia Sucihatiningsih Dian Wisika Prajanti Sugiharti, Rr. Retno Suhardiman Syamsu, Suhardiman Sundoro, Fredericho Mego Syahrul Fauzi, Ahmad Tutik Utami, Selviana Diah Vikia, Yahya Mahda Wariyanti, Nur Janah Wibowo, Bintang Satrio Yozi Aulia Rahman, Yozi Aulia