Business Confidence in the Shift to Renewable Energy: A Country-Specific Assessment in Major Asian Economies

Journal of Economy and Technology, Год журнала: 2024, Номер unknown

Опубликована: Авг. 1, 2024

The growing awareness of the importance transitioning to sustainable energy sources emphasizes necessity fostering business optimism toward renewable energy, as businesses wield significant influence in driving innovation and scaling up deployment. Therefore, this study investigates impact confidence on long-term generation selected major Asian economies: China, Japan, South Korea, Indonesia, Turkey. Through country-specific assessments, we utilized three methods capable yielding empirical results: Fully-Modified OLS (FMOLS), Dynamic (DOLS), Canonical Cointegrating Regressions (CCR). also conducted a robustness check by utilizing Robust Least Squares (RLS) method, preceded multiple preliminary tests, ensure validity reliability results. findings show that all countries exhibit energy. However, there are variations level, with Turkey demonstrating high while those China Indonesia low confidence. found trade-off between levels consumption. In Turkey, correlates negative consumption, is aligned positive effect consumption This suggests dynamics development. Policy recommendations tailored each provided address these findings, aiming enhance trust within economies.

Язык: Английский

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Government Expenditure on Education, Educational Index, and Economic Growth in Nepal: An ARDL-ECM Approach

Ekonomikalia Journal of Economics, Год журнала: 2024, Номер 2(2), С. 82 - 94

Опубликована: Авг. 20, 2024

Education is a key priority in economic development, significantly impacting growth and society through its role enhancing human capital advancing technological knowledge. Government spending on education crucial for providing equitable access to quality widely believed stimulate growth. This study examines the relationship between education, government expenditure Nepal from 1990 2022, using Autoregressive Distributed Lag (ARDL) model Error Correction Model (ECM) assess long-run short-run impacts. The findings reveal that educational index, gross formation, population have positive significant impact In contrast, domestic credit private sector, trade openness negative insignificant effects Additionally, index shows short run. study’s policy recommendations emphasize need increase implement effective mechanisms spending, enhance availability boost

Язык: Английский

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The Effect of Aceh Government Spending Policy on Inclusive Growth: Income per Capita as a Mediating Variable

Deleted Journal, Год журнала: 2024, Номер 2(1), С. 1 - 14

Опубликована: Авг. 13, 2024

In 2021, inclusive growth in Aceh Province, Indonesia, as measured by the Inclusive Economic Development Index (IPEI), declined compared to ranking achieved 2011. Government intervention through spending policy faces new challenges, particularly due a decrease allocation of special autonomy fund (OTSUS) 2022, which is set fully end 2027. This study aims analyze effect local expenditure policies implemented government, using per capita income mediating variable. The analysis was conducted Random Effects Model (REM) and panel data from 23 districts/cities 2011 2021. results show that capital social assistance negatively impact growth, whereas grant have positive effect. Additionally, findings indicate mediates on but does not mediate effects or growth. Therefore, it necessary improve governance, budgeting policies, regional expenditures more sustainable targeted manner promote achieve equitable welfare for all people Province.

Язык: Английский

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Comparing Company Valuation Before and After IPO Study Case PT Pertamina Geothermal Energy Tbk

International Journal of Current Science Research and Review, Год журнала: 2024, Номер 07(08)

Опубликована: Авг. 6, 2024

Affordable energy resources of play a crucial role in economic and social development to support food production, availability water supply sustainable healty lifestyle. In order avoid long-term scarcity resulting from the continuous use non-renewable sources, we must explore all potential renewable source that align with concernes about climate change other environmental issues. As continuation Indonesian government’s efforts generate clean friendly energy, PT Pertamina Geothermal Energy (PGE) was established 2006. It has contributed 82% installed geothermal capacity Indonesia. By leveraging Indonesia’s location within Ring Fire as one world’s hubs, PGE been supplying electricity more than 2 million households Indonesia emission reduction 9.7 tons CO2 per year. To achieve business growth, PGEO is optimizing production its operational areas by expanding capacity. company consideration, IPO an appropriate step financing expansion. The author compares company’s value before after determine short-term impact IPO, helping investors gauge their confidence making investment decisions PGEO. This study utilizes secondary data prospectuses, financial statements, annual reports, sustainability company-published documents, well IDX.co.id IDN Financials.com. collected analyzed understand evaluate performance, assess IPO. calculation intrinsic conducted using Discounted Cash Flow Valuation method for pre-IPO period against projections years 2019 2022 post-IPO 2024 2028, discount rates 8.25% 8.65% each. IDR 1.141,28 1.300,86. stock price at on February 23, 2023, 875, while adjusted closing December 29, 1,170. founds market PGEO’s stock, both are overvalued.

Язык: Английский

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Starting a Business: A Focus on Construction Permits, Electricity Access, and Property Registration

Indatu Journal of Management and Accounting, Год журнала: 2024, Номер 2(2), С. 105 - 117

Опубликована: Дек. 29, 2024

Efficient processes for construction permits, electricity access, and property registration are critical to fostering entrepreneurship economic growth. Delays, high costs, bureaucratic inefficiencies in these areas pose significant barriers business start-ups. This study examines the impact of factors on starting a business, highlighting their role shaping formal activity dynamics. By applying methods such as Generalized Linear Model (GLM), Robust Least Squares (RLS), Quantile Regressions (QR) data from 213 countries cities featured World Bank’s Doing Business 2019 (DB19) 2020 (DB20) reports, this paper demonstrates that all three significantly positively business. Notably, comparison results between DB19 DB20 reveals magnitude influences decreased DB20, with some effects becoming less or even insignificant compared DB19. phenomenon is most apparent middle-to-high scores. The findings suggest shocks like COVID-19 pandemic may have reduced relevance increased risks associated during likely overshadowed considerations. Overall, indicate streamlining improving simplifying could enhance entrepreneurial activity, drive growth, foster more dynamic environment.

Язык: Английский

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The Impact of Credit Access on Economic Growth in SEA Countries

Indatu Journal of Management and Accounting, Год журнала: 2024, Номер 2(2), С. 96 - 104

Опубликована: Дек. 28, 2024

Access to credit serves as a vital catalyst for economic growth, allowing individuals, enterprises, and governments fund investments, maintain consumption stability, encourage productive endeavors. Economic growth is fundamental sustainable development, enhancing living standards, promoting innovation. This study investigates the impact of access on in Southeast Asia (SEA) countries using monthly data from 2014 2020. By applying Fully Modified Ordinary Least Squares (FMOLS) method, along with robustness checks Dynamic (DOLS) technique, this includes essential control variables such capital, labor, technology. The results reveal that has positive while capital technology also contribute positively growth. Conversely, labor shows negative within region. These are consistent across both FMOLS DOLS analyses. Based these findings, Asian policymakers ought facilitate accessibility by making loan applications more straightforward, minimizing bureaucratic obstacles, providing lower interest rates, especially small enterprises marginalized communities. Moreover, encouraging financial institutions lend liberally utilizing digital platforms can expand access. Additionally, investing technology, improving formation, tackling market challenges will effectively align region's path.

Язык: Английский

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Artificial Intelligence in Islamic Finance: Forecasting Stock Indices with Neural Prophet

Indatu Journal of Management and Accounting, Год журнала: 2024, Номер 2(2), С. 68 - 80

Опубликована: Ноя. 29, 2024

Ensuring financial system stability is paramount, especially in markets guided by Sharia principles, where investor confidence and adherence to ethical standards play critical roles. The ability accurately forecast stock movements within this framework not only supports informed investment decisions but also strengthens the overall of markets. This research employs innovative Neural Prophet model predict Islamic indices Indonesia with remarkable accuracy depth. demonstrates its capability forecasting trends detecting subtle fluctuations three indices: Jakarta Index (JII), 70 (JII70), Stock (ISSI). Visual representations highlight model's adaptability advanced foresight, surpassing traditional models. significance lies potential enhance precision index predictions, particularly for stocks, offering stakeholders deeper insights. effectiveness spans both stable volatile market conditions, making it a valuable tool decision-making. Accurate forecasts aid risk management support well-informed fluctuating markets, thereby contributing stability.

Язык: Английский

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Consumer Confidence and Economic Indicators: A Macro Perspective

Indatu Journal of Management and Accounting, Год журнала: 2024, Номер 2(2), С. 81 - 95

Опубликована: Дек. 7, 2024

This study examines the impact of determinants consumer confidence in Indonesia, one largest markets world. Various macroeconomic factors are assessed, including economic growth, government expenditure, price index, interest rates, unemployment, and stock using monthly data from January 2009 to December 2022. The employs Autoregressive Distributed Lag (ARDL) model as primary method, with robustness checks Fully Modified Ordinary Least Squares (FMOLS) Canonical Cointegrating Regressions (CCR). results indicate that all selected significantly influence confidence, particularly a long-term perspective. Economic growth unemployment have positive impact, while prices exert negative effect. These findings suggest businesses should align their strategies trends capitalize on periods strong sentiment mitigate risks during downturns. Simultaneously, policymakers prioritize effectively managing key sustain enhance overall confidence.

Язык: Английский

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Evaluating the Influence of Digital Marketing, Service Quality, and Product Excellence on Loyalty Through the Mediating Role of Customer Satisfaction

Indatu Journal of Management and Accounting, Год журнала: 2024, Номер 2(2), С. 55 - 67

Опубликована: Авг. 1, 2024

This study investigates the effects of digital marketing, service quality, and product excellence on customer loyalty, with satisfaction serving as a mediating variable. Focusing Bank Aceh Syariah (BAS) in Province, Indonesia, this research uses Structural Equation Modeling (SEM) approach reveals that both quality marketing significantly enhance at BAS, while does not exhibit similar influence. Further analysis demonstrates positively impacts loyalty. Interestingly, do directly affect loyalty; however, partially mediates relationship between These findings underscore critical importance fostering promoting For banks aiming to highlights necessity robust strategies superior quality. While is important for meeting needs, it appears less significant driving loyalty compared marketing. By prioritizing these areas, BAS can achieve higher levels satisfaction, leading sustained

Язык: Английский

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The Impact of Foreign Direct Investment, Private Investment, Government Expenditure, and Labor on Economic Growth in Indonesia

Deleted Journal, Год журнала: 2024, Номер 2(1), С. 26 - 38

Опубликована: Сен. 24, 2024

Sustainable economic growth is a key goal for every developing country, including Indonesia. In this context, several factors have been identified as the main determinants influencing pace of growth. This study investigates Indonesia’s in relation to foreign direct investment (FDI), private investment, government spending, and labor. The Autoregressive Distributed Lag (ARDL) method applied analyze time series data from 1986 2022. results indicate that, long term, spending has positive significant effect on Indonesia, while labor negative effect. short FDI impact Therefore, regulations policies are needed Indonesia regarding tax collection, currency stabilization, facilitation permit acquisition, protection, legal certainty.

Язык: Английский

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