How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis
In recent years, Indonesia has grappled with a notable surge in public debt, underscoring the urgency of prudent fiscal management. This study employs the Autoregressive Distributed Lag (ARDL) method to investigate the long-term connections between key variables, including gross domestic product, g...
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| Format: | Article |
| Language: | English |
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EconJournals
2024-01-01
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| Series: | International Journal of Energy Economics and Policy |
| Subjects: | |
| Online Access: | https://econjournals.com/index.php/ijeep/article/view/15256 |
| _version_ | 1827380109814792192 |
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| author | Ilham Syah Azikin Dian Anggriani Utina Bahtiar Maddatuang Nurfaisah Baharuddin Abdul Rahim Ridzuan Nur Hayati Abd Rahman |
| author_facet | Ilham Syah Azikin Dian Anggriani Utina Bahtiar Maddatuang Nurfaisah Baharuddin Abdul Rahim Ridzuan Nur Hayati Abd Rahman |
| author_sort | Ilham Syah Azikin |
| collection | DOAJ |
| description |
In recent years, Indonesia has grappled with a notable surge in public debt, underscoring the urgency of prudent fiscal management. This study employs the Autoregressive Distributed Lag (ARDL) method to investigate the long-term connections between key variables, including gross domestic product, gross domestic investment, gross domestic savings, carbon emissions, and technology, using data from 1990 to 2020. Our findings reveal a significant and negative association between savings and environmental degradation with Indonesia's public debt. These insights bear substantial policy implications, emphasizing the importance of integrating environmental considerations into economic planning and suggesting that the banking sector could enhance fiscal stability by incentivizing increased savings rates. This study provides valuable guidance for policymakers and economists seeking to foster Indonesia's economic resilience in the face of mounting public debt.
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| first_indexed | 2024-03-08T13:27:51Z |
| format | Article |
| id | doaj.art-be0153aff5864921bcc3cceeee02ea3c |
| institution | Directory Open Access Journal |
| issn | 2146-4553 |
| language | English |
| last_indexed | 2024-03-08T13:27:51Z |
| publishDate | 2024-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj.art-be0153aff5864921bcc3cceeee02ea3c2024-01-17T14:42:38ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532024-01-0114110.32479/ijeep.15256How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series AnalysisIlham Syah Azikin0Dian Anggriani Utina1Bahtiar Maddatuang2Nurfaisah Baharuddin3Abdul Rahim Ridzuan4Nur Hayati Abd Rahman5Department of Management, Sekolah Tinggi Ilmu Ekonomi AMKOP, IndonesiaDepartment of Management, Sekolah Tinggi Ilmu Ekonomi AMKOP, IndonesiaDepartment of Management, Sekolah Tinggi Ilmu Ekonomi AMKOP, IndonesiaDepartment of Management, Sekolah Tinggi Ilmu Ekonomi AMKOP, IndonesiaInstitute for Big Data Analytics and Artificial Intelligence, Universiti Teknologi MARA, Shah Alam, Malaysia; & Department of Management, University of Religions and Denominations, Qom, Iran; & Centre for Economic Development and Policy, Universiti Malaysia Sabah, Kota Kinabalu, Malaysia; & Faculty of Business and Management, Universiti Teknologi MARA, Malaysia; & Accounting Research Institute, Universiti Teknologi MARA, Shah Alam, MalaysiaFaculty of Business and Management, Universiti Teknologi MARA Melaka Campus, Malaysia In recent years, Indonesia has grappled with a notable surge in public debt, underscoring the urgency of prudent fiscal management. This study employs the Autoregressive Distributed Lag (ARDL) method to investigate the long-term connections between key variables, including gross domestic product, gross domestic investment, gross domestic savings, carbon emissions, and technology, using data from 1990 to 2020. Our findings reveal a significant and negative association between savings and environmental degradation with Indonesia's public debt. These insights bear substantial policy implications, emphasizing the importance of integrating environmental considerations into economic planning and suggesting that the banking sector could enhance fiscal stability by incentivizing increased savings rates. This study provides valuable guidance for policymakers and economists seeking to foster Indonesia's economic resilience in the face of mounting public debt. https://econjournals.com/index.php/ijeep/article/view/15256Environmental Quality, Public Debt, Time Series, Macroeconomic |
| spellingShingle | Ilham Syah Azikin Dian Anggriani Utina Bahtiar Maddatuang Nurfaisah Baharuddin Abdul Rahim Ridzuan Nur Hayati Abd Rahman How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis International Journal of Energy Economics and Policy Environmental Quality, Public Debt, Time Series, Macroeconomic |
| title | How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis |
| title_full | How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis |
| title_fullStr | How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis |
| title_full_unstemmed | How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis |
| title_short | How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis |
| title_sort | how do environmental quality and technology affect public debt in indonesia a time series analysis |
| topic | Environmental Quality, Public Debt, Time Series, Macroeconomic |
| url | https://econjournals.com/index.php/ijeep/article/view/15256 |
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