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Menguji Keberadaan N-Shaped Environmental Kuznets Curve di Indonesia dengan Model ARDL Sunaryo, Ridwan Pandu; Tajib, Erny
Jurnal Ekonomi dan Pembangunan Indonesia
Publisher : UI Scholars Hub

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Abstract

The study aims to test the existence of the N-shaped Environmental Kuznets Curve (EKC) and to determine the impact of fossil energy consumption and economic activity such as industrialization, urbanization, and trade openness on CO2 emissions in Indonesia from 1971 to 2021, using Autoregressive Distributed Lag (ARDL). The results of this study show that the relationship between per capita GDP and CO2 emissions in Indonesia has a reversed N-shape. Industrialization and per-capita consumption of fossil energy have a positive impact, while trade openness has a negative impact on CO2 per-capita emissions both in the short and long term. Meanwhile, urbanization negatively affects CO2 emissions per capita, but only in the long run.
ANALISIS TAX HOLIDAY DAN FUNDAMENTAL PEREKONOMIAN NEGARA TERHADAP FOREIGN DIRECT INVESTMENT (FDI) DI ASEAN-9 Sunaryo, Ridwan Pandu; Nurhayati
Media Ekonomi Vol. 30 No. 2 (2022): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v30i2.15764

Abstract

In the current era of liberalization, openness to foreign capital is an important factor affecting the economic performance of a country. Foreign Direct Investment (FDI) is an important source of capital for developing countries including ASEAN member countries. This study aims to determine the effect of taxation factors, namely tax holidays and corporate income tax rates, as well as non-tax factors, namely political stability and security, regulatory quality, domestic market size, macroeconomic stability, and labor availability on FDI flows in ASEAN. This study uses panel data regression. Research data is secondary data in the form of 2010-2019 period from 9 ASEAN member countries. The results of this study indicate that taxation factors, namely tax holidays and corporate income tax rates, have no effect on FDI flows. Meanwhile, for non-taxation factors, the quality of regulations and regulations, the size of the domestic market, and macroeconomic stability have an influence on FDI flows. Other non-tax factors, namely political stability and labor availability, have no influence on FDI flows in these countries.