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Coal Energy and Macroeconomic Conditions

Author

Listed:
  • Selamet Joko Utomo

    (Department of Economics, Faculty of Economics and Business, University of Trunojoyo Madura, Indonesia,)

  • Titov Chuk's Mayvani

    (Department of Economics, Faculty of Economics and Business, University of Trunojoyo Madura, Indonesia,)

  • Mochamad Ali Imron

    (Department of Economics, Faculty of Business and Economics, Universitas Islam Indonesia, Indonesia.)

Abstract

This paper assesses the effect of coal energy production volume, exchange rate, inflation and gross domestic product on the volume of Indonesia's coal energy exports in 1998-2019. Based on an Autoregressive Distributed Lag (ARDL) approach, in the short run, we find that the coal energy production volume, exchange rate, and gross domestic product has a negative relationship to Indonesia's coal energy exports. However, on the other hand, inflation has a positive relationship to Indonesia's coal energy exports. In the long run, we also find that the coal energy production volume, inflation, and gross domestic product has a positive relationship to Indonesia's coal energy exports. Besides, the exchange rate has a negative relationship to Indonesia's coal energy exports.

Suggested Citation

  • Selamet Joko Utomo & Titov Chuk's Mayvani & Mochamad Ali Imron, 2021. "Coal Energy and Macroeconomic Conditions," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 426-432.
    • Handle: RePEc:eco:journ2:2021-04-49
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    References listed on IDEAS

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    Cited by:

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    2. Ahmad Farabi & Zamroni & Dini Oktarina Dwi Handayani & Rahmat Heru Setianto, 2024. "Sustainable Development in Indonesia: A Study of Energy Consumption, CO2 Emissions, FDI, and Gross Capital Formation," International Journal of Energy Economics and Policy, Econjournals, vol. 14(2), pages 435-446, March.
    3. Mohtar Rasyid & Anita Kristina, 2021. "Estimation of Demand System for Household Energy Consumption: Empirical Evidence from Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 11(6), pages 289-295.
    4. Muhamad Nafik Hadi Ryandono & Mochamad Ali Imron & Muhammad Alkirom Wildan, 2022. "World Oil Prices and Exchange Rates on Islamic Banking Risks," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 409-413, July.

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    More about this item

    Keywords

    Coal Energy; Exchange Rate; Inflation; Gross Domestic Product; Autoregressive Distributed Lag;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation

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