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Heru Subiyantoro

Universitas Borobudur Jakarta, Indonesia

Author-ID : 6121241

Economics, Econometrics & Finance Education Engineering Public Health Social Sciences

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Factors Affecting Economic Growth Riza Ronaldo; Heru Subiyantoro; Machfud Sidik; Dedi Bahagia
Interdiciplinary Journal and Hummanity (INJURITY) Vol. 2 No. 1 (2023): Injurity : Interdiciplinary Journal and Humanity
Publisher : Pusat Publikasi Nusantara

Climate change and global warming caused by the increasing number of greenhouse gas emissions can damage human survival, Greenhouse emissions and the economic growth of a country are the main factors that can encourage an increase in the amount of greenhouse gas emissions in the atmosphere, which causes global warming. The study purposed to determine the factors that influence changes in greenhouse emissions and economic growth. The method used in this research is Ordinary Least Square Multiple Linear Regression and simple panel data. The research variables are Energy Consumption, Labor, Loan Interest Rates, and Fuel Eco sport. Those are used as independent variables that affect greenhouse emissions, which function as the dependent variable, and economic growth, which functioned as the dependent variable with the variable Free of Greenhouse Emissions. The results of the study show that (1) energy and labor consumption simultaneously or partially have a significant effect on changes in the number of greenhouse emissions by 89.5% (2) Changes in total greenhouse emissions partially have a significant and positive effect on the country's economic growth (3) research findings. The following variable the increase in the country's Greenhouse Emanation is the most dominant variable with a significant positive effect on a country's economic growth of 70.74 percent

Implications Of The Glasgow Agreement (Cop26) Phasing-Down Of Unabated Coal Power On Indonesia's Trade Balance Ivan Yulianto; Heru Subiyantoro
Interdiciplinary Journal and Hummanity (INJURITY) Vol. 2 No. 2 (2023): Injurity : Interdiciplinary Journal and Humanity
Publisher : Pusat Publikasi Nusantara

ABSTRACT At the 26th annual United Nations climate change conference (COP26) in Glasgow, Scotland, 197 countries succeeded in reaching an agreement to address the “Phase-down of Unabated Coal Power”, i.e. the gradual reduction of coal-fired power generation and to ends fossil fuel subsidies that are not in efficient. Its going with the policy of Indonesia Government, in the General Draft of National Energy (RUEN), they will limit coal production up to 400 million tons per year and the exports will be reduced gradually from year to year and will be stopped on 2046. In another hand, China and India's dependence on coal energy for power generation and industry is still very high. Both countries demanding will affect Indonesia's trade balance considering the proportion of Indonesia's coal exports is 71% compared to domestic consumption. To determine this effect, this study uses the Autoregression Vector (VAR) model with annual data from 2000 to 2021. The test results show that Indonesia's coal exports have an effect on the trade balance by 13.17% in terms of the total export value. International coal price will have a positive impact on the Indonesia’s trade balance by 17.91%. However, the price of coal is very influential on the volume of Indonesia’s coal export. Momentum of Phase-down Coal is a golden opportunity to maximize economic benefits while preparing renewable energy as a substitute for coal.

Co-Authors Dedi Bahagia Ivan Yulianto Machfud Sidik Riza Ronaldo

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