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Could Renewable Energy Use Boost Goods Export Performance in ASEAN?

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Listed:
  • Sherina Rafidah Khairunnisa
  • Siskarossa Ika Oktora

    (Politeknik Statistika STIS, Jakarta, Indonesia)

Abstract

ASEAN economic integration has expanded trade opportunities but also contributed to rising carbon emissions, especially from goods exports. ASEAN needs to switch to renewable energy to improve the performance of goods exports. This study analyzes the impact of renewable energy use on goods exports in ASEAN from 2010 to 2020. The findings reveal that renewable energy positively impacts goods export performance. Consequently, it is recommended that governments in ASEAN countries strengthen policies and regulations that incentivize renewable energy use among producers and exporters.

Suggested Citation

  • Sherina Rafidah Khairunnisa & Siskarossa Ika Oktora, 2023. "Could Renewable Energy Use Boost Goods Export Performance in ASEAN?," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 69, pages 146-162, December.
    • Handle: RePEc:lpe:efijnl:202310
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    More about this item

    Keywords

    goods exports; renewable energy; ASEAN;
    All these keywords.

    JEL classification:

    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade

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