Green Finance and Green Economic Trade Off Economic and Environtment in Indonesia

Prabowo, Bambang Hadi; Drean, Benjamin

doi:10.54204/aebd/vol4no1july2022002

Cited by 2 publications

(1 citation statement)

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“…The purpose of economic development is to increase welfare and increase economic performance as indicated by the gross domestic product [43]. However, uncontrolled economic growth threatens environmental sustainability so environmentally friendly economic growth needs to be developed [33] [35]. Public policy related to taxes is one way to provide changes related to the environment and the economy [34].…”

Section: Introductionmentioning

confidence: 99%

Environmental Taxation and Green Economics in Southeast Asia

Sulisnaningrum

Wang

Priyanto

et al. 2023

jak

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This research aims to simulate models of taxes across Southeast Asia by inserting var models such as environment and gasoline fees. This study is for getting the idea that Southeast Asia imposes an environmental fee based on a regression model derived from Southeast Asia's energy consumption and CO2 emissions adjusted by a 10% additional tax (as a dummy variable). This study was motivated by the European Union's policy suggestions on environmental fees, which could be implemented by Southeast Asia. The log-t methods are used in this study, which allows clustering by countries into additional clubs or convergence groupings, and also for utilizing the test for converging within some panel’s states taking into account the variable’s panel data. We believe that environmental fees are an essential public policy tool in Southeast Asia for reducing CO2 emissions as well as the effects on pollutants. Gas tax or carbon pollution tax upon the energy and transportation industries have a substantial influence on raising tax collections in addition to economic expansion within Southeast Asia. Power tax could help to fund initiatives that utilize ecologically good energy while limiting the prohibiting the utilization of natural gas or eco-friendly power. In the transportation industry, the environmental taxes’ function is to reduce emissions of carbon dioxide caused as a result of less environmentally friendly public transport, as well as to support eco-friendly transport.

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Section: Introductionmentioning

confidence: 99%

Environmental Taxation and Green Economics in Southeast Asia

Sulisnaningrum

Wang

Priyanto

et al. 2023

jak

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Combining Differential Equations with Stochastic for Economic Growth Models in Indonesia: A Comprehensive Literature Review

Johansyah,

Rusyaman,

Foster

et al. 2024

Mathematics

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Economic growth modeling is one of the methods a government can use to formulate appropriate economic policies to improve the prosperity of its people. Differential equations and stochastic models play a major role in studying economic growth. This article aims to conduct a literature review on the use of differential equations in relation to stochastics to model economic growth. In addition, this article also discusses the use of differential and stochastic equations in economic growth models in Indonesia. This study involves searching for and selecting articles to obtain a collection of research works relevant to the application of differential and stochastic equations to economic growth models, supported by bibliometric analysis. The results of this literature review show that there is still little research discussing economic growth models using differential equations combined with stochastic models, especially those applied in Indonesia. While the application of these models remains relatively limited, their potential to offer deeper insights into the complex dynamics of economic growth is undeniable. By further developing and refining these models, we can gain a more comprehensive understanding of the factors driving growth and the potential implications of various economic policies. This will ultimately equip policy-makers with a more powerful analytical tool for making informed decisions.

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Green Finance and Green Economic Trade Off Economic and Environtment in Indonesia

Cited by 2 publications

References 0 publications

Environmental Taxation and Green Economics in Southeast Asia

Environmental Taxation and Green Economics in Southeast Asia

Combining Differential Equations with Stochastic for Economic Growth Models in Indonesia: A Comprehensive Literature Review

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