Agregat: Jurnal Ekonomi dan Bisnis
Vol. 7 No. 2 (2023)

Relationship between Economic Growth, Renewable Energy, International Trade and Sukuk: A Case Study of 12 Sukuk User Countries

Aisah, Anik Nur (Unknown)
Bawono, Anton (Unknown)



Article Info

Publish Date
30 Sep 2023

Abstract

The purpose of this study is to examine the simultaneous influence of Renewable Energy, International Trade, and Sukuk on Economic Growth in 12 Sukuk-consuming countries for the 2014-2021 period. This type of research is Quantitative research using the Simultaneous Two-Stage Least Squares method. Based on the results of the study, it was obtained that Renewable Energy does not affect Economic Growth, it was also found that exports affect renewable energy, but not with Sukuk. So these variables cannot simultaneously encourage renewable energy to affect economic growth. For international trade (exports and imports) it affects economic growth. This study also found that Sukuk does not affect economic growth, in this study Sukuk is still influenced by exports. However, the existing influence has not been able to affect economic growth, since exports have a positively insignificant effect on Sukuk.

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Journal Info

Abbrev

agregat

Publisher

Subject

Economics, Econometrics & Finance

Description

Agregat: Jurnal Ekonomi dan Bisnis (Journal of Economics and Business) is aimed at being a medium for research results dissemination and scientific paper exchanges on the Indonesian economy and business among academics, practitioners, regulators, and public. Agregat: Jurnal Ekonomi dan Bisnis ...