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Analisis Pengaruh Pertumbuhan Ekonomi terhadap Ecological Footprint: Studi Kasus Negara-Negara Anggota APEC

Author

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  • Yusuf, Muhammad Ibrahim

    (Departemen Ilmu Ekonomi dan Studi Pembangunan, Fakultas Ekonomika dan Bisnis, Universitas Diponegoro, Semarang, Indonesia)

  • Widodo, Wahyu

    (Departemen Ilmu Ekonomi dan Studi Pembangunan, Fakultas Ekonomika dan Bisnis, Universitas Diponegoro, Semarang, Indonesia)

Abstract

The economic growth of a country is influenced by the level of consumption in society. An increase in societal consumption impacts environmental degradation. The ecological footprint is used as one of the variables that can illustrate environmental degradation. This study aims to analyze the effect of economic growth, foreign direct investment, population size, and renewable energy consumption on the ecological footprint of 19 APEC member countries during the period 1992-2020. The study employs the fixed effect model (FEM) estimation method with cross-section weights and the coefficient covariance method for cross-section SUR (PSCE). The findings reveal that gross domestic product, population size, and renewable energy consumption have a significant effect on the ecological footprint. On the other hand, foreign direct investment does not have an effect on the ecological footprint variable.

Suggested Citation

  • Yusuf, Muhammad Ibrahim & Widodo, Wahyu, 2024. "Analisis Pengaruh Pertumbuhan Ekonomi terhadap Ecological Footprint: Studi Kasus Negara-Negara Anggota APEC," Diponegoro Journal of Economics (DJOE), Faculty of Economics and Business, Universitas Diponegoro, vol. 13(4), pages 29-36, December.
    • Handle: RePEc:ris:dipjoe:5929
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    More about this item

    Keywords

    Ecological Footprint; GDP per Capita; Population; Renewable Energy Consumption;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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