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All Journal Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Jurnal Ekonomi Indonesia Bina Ekonomi: Majalah Ilmiah Fakultas Ekonomi Universitas Katolik Parahyangan International Journal of Renewable Energy Development Jurnal Archipelago
Mu'min, M. Silahul
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Humanities Control & Systems Engineering Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Electrical & Electronics Engineering Energy Engineering Environmental Science Social Sciences Other

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Does energy transition matter to sustainable development in ASEAN? Mu'min, M. Silahul; Yaqin, Misbahol; Anam, Muhammad Syariful
International Journal of Renewable Energy Development Vol 13, No 2 (2024): March 2024
Publisher : Center of Biomass & Renewable Energy (CBIORE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61435/ijred.2024.59544

Abstract

The energy transition towards renewable sources represents a pivotal factor in pursuing sustainable development. This study reviews the impact of renewable energy on three aspects of sustainable development, namely economic, social, and environmental aspects in ASEAN. To quantify these aspects, GDP per capita proxies for the economic dimension, unemployment rates for the social dimension, and CO2 emissions for the environmental dimension. The data used is panel data of 10 ASEAN countries from 1996-2020. Pooled Mean Group (PMG) estimation technique is applied to identify the relationship between renewable energy and the dimensions of sustainable development. The study results reveal that renewable energy has a significant influence on sustainable development in the long run. Specifically, renewable energy is able to stimulate GDP per capita levels, thus potentially serving as a determinant of sustainable economic growth in ASEAN. Furthermore, the findings of this study suggest that renewable energy has the capacity to reduce CO2 emissions in the long run. Efforts to increase the share of renewable energy usage are needed to mitigate the risk of environmental degradation. However, it is noteworthy that our study underscores the adverse impact of the energy transition on the social dimension, as it can potentially drive-up unemployment rates in the long run. This impact can be attributed to labor market relocations and structural changes. Novice workers in the renewable energy sector may face the risk of displacement. Consequently, this study has implications that underscore the need for inclusive approaches to elevate the usage of renewable energy. Furthermore, a well-structured policy framework is needed to encourage more investments and prepare the competent workforce in the renewable energy sector.
Identifikasi Peran Sektor Unggulan Terhadap Pertumbuhan Inklusif : Studi Empiris dari Provinsi Kepulauan Riau Mu'min, M. Silahul; Yaqin, Misbahol
Jurnal Archipelago Vol 3 No 01 (2024): Jurnal Archipelago
Publisher : Badan Perencanaan, Penelitian dan Pengembangan Pemerintah Provinsi Kepulauan Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69853/ja.v3i01.105

Abstract

Over the last decade, the Riau Islands Province has demonstrated strong economic growth resilience, driven by three leading sectors: Manufacturing Industry, Construction, and Mining and Quarrying. However, this growth has not inclusively addressed socio-economic issues such as poverty, inequality, and unemployment. This study aims to identify the impacts of these key sectors on inclusive growth in the Riau Islands through panel data regression. Additionally, this study calculates the index of inclusive growth using the Poverty Equivalent Growth Rate (PEGR) method. The results indicate that overall, economic inclusivity levels have not been achieved by districts/cities in the Riau Islands Province during 2015-2022, particularly in the lowest inclusive region of the Anambas Islands. Furthermore, the estimated fixed effects model shows that the Manufacturing Industry, Construction, and Mining and Quarrying sectors have a positive and significant influence on inclusive growth in the Riau Islands Province, underscoring the importance of harnessing sectoral potential to achieve inclusive economic growth.
APAKAH INSTITUSI PENTING UNTUK PERTUMBUHAN EKONOMI ? BUKTI EMPIRIS DARI ASEAN Mu'min, M. Silahul
Bina Ekonomi Vol. 28 No. 2 (2024): Bina Ekonomi: Majalah Ilmiah Fakultas Ekonomi Universitas Katolik Parahyangan
Publisher : Center for Economic Studies Universitas Katolik Parahyangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26593/be.v28i2.7381.142-154

Abstract

Institutional quality plays an important role in supporting economic growth through the reduction of transaction costs. This study aims to analyse the effect of institutional quality on economic growth in ASEAN. The data used is a panel of ASEAN countries for the period 2002-2020. Three variables are used as proxies for institutional quality, namely regulatory quality, rule of law, and voice and accountability, while GDP per capita is a proxy for economic growth. Pooled least squares (PLS) was chosen to estimate the relationship between institutional quality and economic growth. The findings of this study show that all institutional quality variables have a significant effect on economic growth in ASEAN. Specifically, rule of law and voice and accountability exert a significantly positive impact on economic growth. However, it is noteworthy that the quality of regulatory frameworks exhibits a significantly negative impact on economic growth in the ASEAN region. The results of this study confirm the institutional role theory which shows that institutions play an important role in promoting economic growth. This study implies that the formulation of regulations or laws should not overlap so that the execution of regulations can run systematically. In addition, it is imperative to foster public participation as a means of government oversight and quality institutions can create a conducive climate for investment.
Harga Energi dan Tingkat Kemiskinan di Indonesia Yaqin, Misbahol; Mu'min, M. Silahul; Wardhono, Adhitya; Qori'ah, Ciplis Gema
Jurnal Ikatan Sarjana Ekonomi Indonesia Vol 12 No 3 (2023): December
Publisher : Jurnal Ekonomi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52813/jei.v12i3.465

Abstract

Studi ini menguji dampak kenaikan harga energi terhadap kemiskinan di Indonesia. Konsep kemiskinan meliputi kemiskinan agregat, perdesaan dan perkotaan, wilayah, serta periode sebelum dan selama pandemi Covid-19. Studi menggunakan data panel 34 provinsi pada periode 2013 hingga 2022. Metode estimasi yang digunakan adalah Generalized Method of Moment (GMM). Hasil estimasi menunjukkan bahwa kenaikan harga energi meningkatkan kemiskinan di Indonesia, baik dalam hal kemiskinan agregat maupun kemiskinan pedesaan atau perkotaan. Pada aspek kewilayahan, ditemukan bahwa dampak dari kenaikan harga energi lebih besar pengaruhnya pada tingkat kemiskinan di Jawa dibandingkan luar Jawa. Bukti empiris menunjukkan bahwa dampak kenaikan harga energi lebih besar terhadap kemiskinan selama periode pandemi Covid-19 dibandingkan periode sebelum pandemi. Hasil ini mengimplikasikan bahwa Pemerintah perlu fokus pada stabilitasi harga energi melalui penciptaan ketahanan energi, terutama untuk energi baru dan terbarukan.
Nexus Between Economic Growth, Renewable Energy, Industry Value Added and CO2 Emissions in ASEAN Susilowati, Indah; Mu'min, M. Silahul; Qudsyina, Hanny; Wahyuni, Hesti Asri; Rismawati, Suci; Kusumawardhani, Hapsari Ayu; Miah, Md. Ruyel
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 24, No 2 (2023): JEP 2023
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v24i2.23165

Abstract

This study aims to identify the relationship between economic growth, renewable energy, and industrial value added to CO2 emissions in ASEAN. The data used is panel data of 10 ASEAN countries from 2001-2020. This study uses the vector error correction model (VECM) for analysis. The estimation results show that CO2 emissions are only influenced by the CO2 variable itself in the previous period in the short term. In addition, economic growth and renewable energy significantly negatively affect CO2 emissions in the long term. Economic growth has the largest contribution to reducing CO2 emissions. The empirical findings also support the existence of the environmental Kuznets curve (EKC) in ASEAN. However, industrial value added has no significant effect on CO2 emissions. This study has several policy implications. The government needs to 1) strengthen energy transition regulations to encourage the use of renewable energy, 2) increase investment in RD to stimulate green technology innovation, and 3) protect the environment to mitigate negative externalities of economic activity.
APAKAH INSTITUSI PENTING UNTUK PERTUMBUHAN EKONOMI ? BUKTI EMPIRIS DARI ASEAN Mu'min, M. Silahul
Bina Ekonomi Vol. 28 No. 2 (2024): Bina Ekonomi: Majalah Ilmiah Fakultas Ekonomi Universitas Katolik Parahyangan
Publisher : Center for Economic Studies Universitas Katolik Parahyangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26593/be.v28i2.7381.142-154

Abstract

Institutional quality plays an important role in supporting economic growth through the reduction of transaction costs. This study aims to analyse the effect of institutional quality on economic growth in ASEAN. The data used is a panel of ASEAN countries for the period 2002-2020. Three variables are used as proxies for institutional quality, namely regulatory quality, rule of law, and voice and accountability, while GDP per capita is a proxy for economic growth. Pooled least squares (PLS) was chosen to estimate the relationship between institutional quality and economic growth. The findings of this study show that all institutional quality variables have a significant effect on economic growth in ASEAN. Specifically, rule of law and voice and accountability exert a significantly positive impact on economic growth. However, it is noteworthy that the quality of regulatory frameworks exhibits a significantly negative impact on economic growth in the ASEAN region. The results of this study confirm the institutional role theory which shows that institutions play an important role in promoting economic growth. This study implies that the formulation of regulations or laws should not overlap so that the execution of regulations can run systematically. In addition, it is imperative to foster public participation as a means of government oversight and quality institutions can create a conducive climate for investment.
Co-Authors Adhitya Wardhono Anam, Muhammad Syariful Ciplis Gema Qori'ah Hapsari Ayu Kusumawardhani Indah Susilowati Miah, Md. Ruyel Qudsyina, Hanny Rismawati, Suci Wahyuni, Hesti Asri Yaqin, Misbahol