Maluku Province’s Sustainable Economic Growth In The Era Of Digitalization And Green Economy

This study examines the impact of information and communication technology (ICT) and the green economy on sustainable economic growth in the regencies/cities of Maluku Province using multiple regression analysis. The main objective of this research is to identify the extent to which ICT and green economy initiatives contribute to improving regional economic performance while maintaining environmental sustainability. The data used are aggregated from various ICT indicators, green economy indices using the environmental quality index, and economic growth over the past few years, processed with appropriate statistical methods to obtain accurate and reliable results. Based on the results of the panel data regression analysis using the Common Effect Model (CEM), it is shown that ICT has a positive and significant impact on sustainable economic growth in the regencies/cities of Maluku. Furthermore, the green economy, such as investments in renewable energy and environmentally friendly business practices, also shows a significantly positive contribution to sustainable economic growth. These findings highlight the importance of investments and policies supporting the integration of ICT and the green economy to achieve balanced and sustainable economic development. The local government in Maluku is expected to continue promoting the adoption of ICT and the implementation of green economy strategies to create an environment conducive to inclusive and sustainable economic growth.

Authors

Publication Details

Journal
Bengkulu International Conference on Economics Management Business and Accounting (BICEMBA)
Published
2024-12-04
DOI
https://doi.org/10.33369/bicemba.2.2024.53
Primary Topic
Economic Growth and Fiscal Policies
Type
article
Field-Weighted Citation Impact
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article

Maluku Province’s Sustainable Economic Growth In The Era Of Digitalization And Green Economy

Desry Jonelda Louhenapessy, Andre Sapthu, Bin Raudha Arif Hanoeboen, Nadya Nurlailya Ningsih
Bengkulu International Conference on Economics Management Business and Accounting (BICEMBA)
Economic Growth and Fiscal Policies
article

Maluku Province’s Sustainable Economic Growth In The Era Of Digitalization And Green Economy

Desry Jonelda Louhenapessy, Andre Sapthu, Bin Raudha Arif Hanoeboen, Nadya Nurlailya Ningsih
article en

Abstract

This study examines the impact of information and communication technology (ICT) and the green economy on sustainable economic growth in the regencies/cities of Maluku Province using multiple regression analysis. The main objective of this research is to identify the extent to which ICT and green economy initiatives contribute to improving regional economic performance while maintaining environmental sustainability. The data used are aggregated from various ICT indicators, green economy indices using the environmental quality index, and economic growth over the past few years, processed with appropriate statistical methods to obtain accurate and reliable results. Based on the results of the panel data regression analysis using the Common Effect Model (CEM), it is shown that ICT has a positive and significant impact on sustainable economic growth in the regencies/cities of Maluku. Furthermore, the green economy, such as investments in renewable energy and environmentally friendly business practices, also shows a significantly positive contribution to sustainable economic growth. These findings highlight the importance of investments and policies supporting the integration of ICT and the green economy to achieve balanced and sustainable economic development. The local government in Maluku is expected to continue promoting the adoption of ICT and the implementation of green economy strategies to create an environment conducive to inclusive and sustainable economic growth.

Bengkulu International Conference on Economics Management Business and Accounting (BICEMBA)Vol. 2
Openalex Percentile: Top 67%
Economic Growth and Fiscal Policies
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