How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis

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, gr...

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Published in:International Journal of Energy Economics and Policy
Main Author: Azikin I.S.; Utina D.A.; Maddatuang B.; Baharuddin N.; Ridzuan A.R.; Rahman N.H.A.
Format: Article
Language:English
Published: Econjournals 2024
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85184277119&doi=10.32479%2fijeep.15256&partnerID=40&md5=7b38de61851be31f8b97e09e4f939e98
id 2-s2.0-85184277119
spelling 2-s2.0-85184277119
Azikin I.S.; Utina D.A.; Maddatuang B.; Baharuddin N.; Ridzuan A.R.; Rahman N.H.A.
How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis
2024
International Journal of Energy Economics and Policy
14
1
10.32479/ijeep.15256
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85184277119&doi=10.32479%2fijeep.15256&partnerID=40&md5=7b38de61851be31f8b97e09e4f939e98
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. © 2024, Econjournals. All rights reserved.
Econjournals
21464553
English
Article
All Open Access; Gold Open Access
author Azikin I.S.; Utina D.A.; Maddatuang B.; Baharuddin N.; Ridzuan A.R.; Rahman N.H.A.
spellingShingle Azikin I.S.; Utina D.A.; Maddatuang B.; Baharuddin N.; Ridzuan A.R.; Rahman N.H.A.
How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis
author_facet Azikin I.S.; Utina D.A.; Maddatuang B.; Baharuddin N.; Ridzuan A.R.; Rahman N.H.A.
author_sort Azikin I.S.; Utina D.A.; Maddatuang B.; Baharuddin N.; Ridzuan A.R.; Rahman N.H.A.
title 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_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_sort How do Environmental Quality and Technology Affect Public Debt in Indonesia? A Time Series Analysis
publishDate 2024
container_title International Journal of Energy Economics and Policy
container_volume 14
container_issue 1
doi_str_mv 10.32479/ijeep.15256
url https://www.scopus.com/inward/record.uri?eid=2-s2.0-85184277119&doi=10.32479%2fijeep.15256&partnerID=40&md5=7b38de61851be31f8b97e09e4f939e98
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. © 2024, Econjournals. All rights reserved.
publisher Econjournals
issn 21464553
language English
format Article
accesstype All Open Access; Gold Open Access
record_format scopus
collection Scopus
_version_ 1809677883607613440

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