This study aims to fill the gap of previous research in the form of developing studies between fuel oil consumption, green economic growth and environmental degradation in 6 selected Asia Pacific countries (Australia, China, India, Indonesia, South Korea and Thailand) by considering the determinants during the period 2007-2020 by using a simultaneous panel model approach. The important findings of this study are grouped into 3 analytical models. First, green economic growth, environmental degradation and cleaner energy have a negative effect on fuel oil consumption, while GDP per capita has a positive effect. Second, fuel oil consumption, environmental degradation and militarization have a negative effect on green economic growth, while technological innovation and cleaner energy have a positive effect. Third, green economic growth and cleaner energy have a negative effect on environmental degradation, while fuel oil consumption, health expenditure and poverty have a positive effect. The policy implication that can be applied is to utilize renewable energy such as biofuel oil to implement a clean development mechanism because the increasing demand for fuel oil consumption will result in CO2 emissions which are a factor causing increased environmental degradation and decreased green growth in a country.
This study examines the causal relationship beetwen CO2 emissions, energy consumption, economic growth, and human capital within a panel vector error corellations model (PVECM) for 8-ASEAN countries over the period 2005-2014. The results of this study indicate that the CO2 emissions and the energy consumption has causality relationship, the energy consumption and the economics growtht has a causality relationship, the CO2 emissions and the economic growth has causality relationship, the economic growth and human capital has a on-way relationship that is economic growth which affects the human capital, human capital and the CO2 emissions does not have a causality relationship, and the energy consumption and the human capital also has no causality.
This research aims to analyze the relationship between poverty, unemployment, investment, and economic growth in a simultaneous equation system with the factors that influence them. This condition is essential to identify the causes of poverty and unemployment and how investment and economic growth play a role in overcoming these problems. This research uses panel data from 19 districts/cities in West Sumatra from 2015 to 2020. The estimation technique used is a simultaneous equation using several classical assumption tests such as normality, heteroscedasticity multicollinearity, and Granger causality test. The results of this research show that 1) Unemployment, economic growth, education, and health have a significant effect on poverty in West Sumatra, 2) Economic growth, investment, and wages have a significant effect on unemployment in West Sumatra, 3) Unemployment, investment, poverty, and labor have a significant effect on the economic growth in West Sumatra, 4) Economic growth, wages, and taxes have a significant effect on investment in West Sumatra.
This study aims to analyze the influence of interest rates, Loan to Deposit Ratio (LDR) and credit growth to inflation in Indonesia. This type of research is descriptive research and uses secondary data in the form of time-series from 2007 to 2016 using the method of multiple linear regression analysis. The results of this study indicate that interest rates have a significant and positive effect on inflation in Indonesia. The Loan to Deposit Ratio (LDR) has a significant and positive effect on inflation in Indonesia. Credit growth has a significant and positive effect on inflation in Indonesia. Based on the results of this study it can be concluded that there is a significant influence between interest rates, Loan to Deposit Ratio (LDR) and credit growth to inflation in Indonesia. Keyword: Inflation, Interest Rate, Loan to Deposit Ratio (LDR), Credit Growth
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