Analysis of the Impact of Carbon Emissions and Renewable Energy on Economic Growth in Indonesia

This study was conducted to analyze the impact of carbon emissions and renewable energy on economic growth in Indonesia. This research uses quantitative methods. Data analysis was carried out using multiple linear regression analysis methods. This study uses time series data from 1990-2020 sourced from worldbank.org. The research variable uses a nominal measurement scale. Data analysis and data testing consist of descriptive statistics, classical assumption test, multiple linear regression analysis, partial (T test) and simultaneous (F test) hypothesis testing, and coefficient of determination test (R² test). The results showed that carbon emissions have no effect and are not significant to economic growth with a T value of 1.266 < T table 2.045. Renewable energy has a significant effect on economic growth with a T value of -3.010 < T table -2.045. Carbon emissions and renewable energy have a significant effect on economic growth with an F value of 67.335> F table value of 3.34 and a coefficient of determination of 82.8%.

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Publication Details

Journal
Proceeding International Business and Economic Conference.
Published
2024-12-30
DOI
https://doi.org/10.47663/ibec.v3i1.260
Primary Topic
Energy, Environment, and Transportation Policies
Type
article
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article

Analysis of the Impact of Carbon Emissions and Renewable Energy on Economic Growth in Indonesia

Agustian, Linda Wahyu Marpaung
Proceeding International Business and Economic Conference.
Energy, Environment, and Transportation Policies
article

Analysis of the Impact of Carbon Emissions and Renewable Energy on Economic Growth in Indonesia

Agustian, Linda Wahyu Marpaung
article en

Abstract

This study was conducted to analyze the impact of carbon emissions and renewable energy on economic growth in Indonesia. This research uses quantitative methods. Data analysis was carried out using multiple linear regression analysis methods. This study uses time series data from 1990-2020 sourced from worldbank.org. The research variable uses a nominal measurement scale. Data analysis and data testing consist of descriptive statistics, classical assumption test, multiple linear regression analysis, partial (T test) and simultaneous (F test) hypothesis testing, and coefficient of determination test (R² test). The results showed that carbon emissions have no effect and are not significant to economic growth with a T value of 1.266 < T table 2.045. Renewable energy has a significant effect on economic growth with a T value of -3.010 < T table -2.045. Carbon emissions and renewable energy have a significant effect on economic growth with an F value of 67.335> F table value of 3.34 and a coefficient of determination of 82.8%.

Proceeding International Business and Economic Conference.Vol. 3(1)
Universitas Patria Artha (ID)
Openalex Percentile: Top 82%
Energy, Environment, and Transportation Policies
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Analysis of the Impact of Carbon Emissions and Renewable Energy on Economic Growth in Indonesia — Agustian, Linda Wahyu Marpaung · Proceeding International Business and Economic Conference. (2024) | TGRS Research Map | TGRS