One of the country's economic development indicators is reflected in the country's economic growth. Objective: This study was conducted to examine the effect of the use of energy sources and CO2 emissions on economic growth in different regime in Indonesia. Data and Method: The data used are annual time series data published by World Development Indicators (WDI) database during the year 2004-2019.The data analysis method used is the ARDL regression approach model. Result: The results of the study found that CO2 gas emissions in the short and long term do not affect economic growth. The use of imported energy and energy use has a negative effect on economic growth in the short term. Meanwhile, in the long term, it has a positive effect on economic growth. Furthermore, this study found that renewable electricity output has a positive effect on economic growth in both the short and long term and renewable energy cons has no effect on economic growth in the short and long term. Finally, this study found that the difference between the regime of the SBY and JKW periods influenced economic growth.
Financial literacy is a very important element of knowledge for the economic progress of a country because it is closely related to public interest, the higher the level of public financial literacy, the easier it is for the financial system to be accepted in the community to be implemented and contribute to the economic growth of a region, because with The high level of financial literacy in the community, the easier it will be for financial institutions to provide financial access to the public. the enactment of qanun no 11 of 2018 regarding Islamic financial institutions in Aceh has begun since January 4, 2019, all financial institutions in Aceh. In this study, the data used is secondary data obtained from scientific references as quoted from journals, books texts, working papers, national and international scientific forums and other sources deemed relevant to this research. the results of the research and discussion, it can be concluded that nationally the financial literacy of the Indonesian people is still relatively low, but for the Aceh region itself it is higher than the level of public understanding of sharia finance in Aceh which is above the average public understanding of sharia banking nationally. The interest of the Acehnese people in transacting in Islamic banking is currently increasing, as can be seen from the increasing graph in terms of assets, financing, and third party funds, especially in 2021.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.