Tesis
Peran perkembangan sektor keuangan dan Investasi Asing Langsung (FDI) dalam pengembangan listrik terbarukan di Indonesia
This study aims to contribute to the understanding of renewable electricity development in Indonesia by examining the impact of financial development and FDI on renewable electricity production. Given the global challenges of climate change and the imperative to transition to sustainable energy sources, Indonesia's role as a major energy consumer in Southeast Asia becomes crucial in achieving global renewable energy targets. Using annual frequency data from 1981 to 2021, we analyze the role of the expanding financial sector and FDI in the renewable electricity production in Indonesia. We examine various financial development variables, including domestic credit to the private sector, domestic credit from the banking sector and stock market capitalization. Employing the Autoregressive Distributed Lag (ARDL) approach with a structural break, we enrich the existing literature in this field. The cointegration analysis reveals significant long-run positive relationships between domestic credit to the private sector, domestic credit from banking sector, stock market capitalization, and FDI with the renewable electricity production in Indonesia. Based on these empirical findings, this study underscores the crucial role of financial and investment support in the expansion of renewable electricity. Therefore, decision-makers should prioritize the development of the financial sector as a policy measure to enhance access to finance for investors in Indonesian renewable energy projects.
| Call Number | Location | Available |
|---|---|---|
| T 023/23 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Graduate Program in Economics, Faculty of Economy and Business University of Indonesia 2023 |
|---|---|
| Edisi | - |
| Subjek | ESG Green energy Green financing |
| ISBN/ISSN | - |
| Klasifikasi | NONE |
| Deskripsi Fisik | x, 67 p. ; diagr. ; 30 cm |
| Info Detail Spesifik | Tesis |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |