Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022012
Nur Lailatul Amaliyah, Arifatul Inayah, Wempi Aprilla Maulanasyah Para Wibangga
This research intends to look into the exports percent of GDP, imports percent of GDP, and percentage of renewable energy in the GDP's total energy usage. This study uses data from 1999 to 2019 It was constructed using secondary data from the World Bank. The method used is quantitative by modeling the Model for Vector Error Correction (VECM) using exports, imports, and consumption of renewable energy in Indonesia as variables. We found that Causality or causal relationship occurs in renewable energy consumption variables that affect imports, import variables affect exports and vice versa export variables affect imports. This shows that using renewable energy is encourages imports and exports in Indonesia. So that international trade has a significant role in encouraging the renewable energy usage.
{"title":"Impact Of International Trade On Indonesia's Consume Of Renewable Energy","authors":"Nur Lailatul Amaliyah, Arifatul Inayah, Wempi Aprilla Maulanasyah Para Wibangga","doi":"10.54204/aebd/vol5no1october2022012","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022012","url":null,"abstract":"This research intends to look into the exports percent of GDP, imports percent of GDP, and percentage of renewable energy in the GDP's total energy usage. This study uses data from 1999 to 2019 It was constructed using secondary data from the World Bank. The method used is quantitative by modeling the Model for Vector Error Correction (VECM) using exports, imports, and consumption of renewable energy in Indonesia as variables. We found that Causality or causal relationship occurs in renewable energy consumption variables that affect imports, import variables affect exports and vice versa export variables affect imports. This shows that using renewable energy is encourages imports and exports in Indonesia. So that international trade has a significant role in encouraging the renewable energy usage.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133624996","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022002
Zakina Rulinda Hijjas, Rini Agustiya
This article discusse monetary policy's impact on bank borrowing. The data selected are Indonesian state data and the annual research period for 13 years from 2008 - 2020 with secondary data from the world bank. This study investigates wide money as a percentage of Gdp, Interest payment percent of expense, Domestic credit to private sector by banks percent of GDP. This study uses a quantitative method with an autoregressive vector model with the results of data processing showing that there is no reciprocal or two-way relationship between the three variables. This study found that monetary policy's impact can have macroeconomic action by increasing or limiting the supply of bank loans. This is evidenced by the different magnitudes of growth in lending in various sectors reflecting the growing effects of monetary policy.
{"title":"The Impact Of Monetary Policy On Indonesian Bank Loans","authors":"Zakina Rulinda Hijjas, Rini Agustiya","doi":"10.54204/aebd/vol5no1october2022002","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022002","url":null,"abstract":"This article discusse monetary policy's impact on bank borrowing. The data selected are Indonesian state data and the annual research period for 13 years from 2008 - 2020 with secondary data from the world bank. This study investigates wide money as a percentage of Gdp, Interest payment percent of expense, Domestic credit to private sector by banks percent of GDP. This study uses a quantitative method with an autoregressive vector model with the results of data processing showing that there is no reciprocal or two-way relationship between the three variables. This study found that monetary policy's impact can have macroeconomic action by increasing or limiting the supply of bank loans. This is evidenced by the different magnitudes of growth in lending in various sectors reflecting the growing effects of monetary policy.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133663445","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022011
Anggun Astri Anggraini, Devi Lidia
This studies objective is to look at China's abnormal return in the event of a tariff war between the US and China. Data categories that are quantitative, or that can be expressed as numbers or ratos, are used in this study and uses utilizes auxiliary data sources in the form of historical data from all countries recorded on the data.worldbank.org website. The kind of data used is annual data series and will be adjusted to the factors affected by the tariff war between America and China. The VAR Analysis Model through the ADF Unit Root Test using the variables GDP, Tariff (TAX), and Exchange Rate (REX) in China from 1990 to 2021 is one of the data analysis strategies utilized in this study. We found that China's GDP is significantly positively to the Chinese exchange rate. Both China's own exchange rate and its tariffs are significantly influenced favorably by China's exchange rate. The tariffs applied by China have a significant negative correlation, which means that the increase in China's tariffs injures China's own economy. However, the rate at which the Chinese currency is exchanged and tariffs in China are significantly positively correlated. The trade war with the USA is not only bad for the global economy but also bad for the Chinese economy. And likely get a detrimental effect into the US economy.
{"title":"Will the US-China Trade War’s Abnormal Returns From China Have an Effect on the Chinese Economy?","authors":"Anggun Astri Anggraini, Devi Lidia","doi":"10.54204/aebd/vol5no1october2022011","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022011","url":null,"abstract":"This studies objective is to look at China's abnormal return in the event of a tariff war between the US and China. Data categories that are quantitative, or that can be expressed as numbers or ratos, are used in this study and uses utilizes auxiliary data sources in the form of historical data from all countries recorded on the data.worldbank.org website. The kind of data used is annual data series and will be adjusted to the factors affected by the tariff war between America and China. The VAR Analysis Model through the ADF Unit Root Test using the variables GDP, Tariff (TAX), and Exchange Rate (REX) in China from 1990 to 2021 is one of the data analysis strategies utilized in this study. We found that China's GDP is significantly positively to the Chinese exchange rate. Both China's own exchange rate and its tariffs are significantly influenced favorably by China's exchange rate. The tariffs applied by China have a significant negative correlation, which means that the increase in China's tariffs injures China's own economy. However, the rate at which the Chinese currency is exchanged and tariffs in China are significantly positively correlated. The trade war with the USA is not only bad for the global economy but also bad for the Chinese economy. And likely get a detrimental effect into the US economy.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"3 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114013805","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022001
Oky Lestari
The purpose of this study is to examine the connection between exports, imports, GDP, and energy consumption on Indonesia's CO2 emissions used the World Bank data. This research is a type of quantitative research using VAR (Vector Autoregression) estimation. The data used comes from secondary data in a time series from 1971-2014. The data analysis technique in this study used the Vector-Autoregression (VAR) method. The tests performed include the optimum lag, Granger causality test, cointegration test, stationary test, VAR stability test, Impulse Response Function, and Variance Decontamination test. This study found that an increase in economic activity, in general, will affect an increase in CO2 gas emissions, which is caused by the large energy consumption of the economy. The increase in CO2 emissions will cause climate change, thus causing environmental damage. The Granger causality test analysis demonstrates the exports no one has any effect on CO2 emissions.So with imports, there is also no causality to CO2. The VAR analysis test also explains that export and import activities have no significant effect on increasing CO2 because both variables' values are higher than with the t-statistics' values. So, international trade has no effect on increasing CO2 and environmental degradation. According to the study's findings, CO2 emissions can rise as a result of energy usage.
{"title":"The Effects Energy Consumption, Export, GDP, and Import on Indonesia’s Emission of CO2","authors":"Oky Lestari","doi":"10.54204/aebd/vol5no1october2022001","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022001","url":null,"abstract":"The purpose of this study is to examine the connection between exports, imports, GDP, and energy consumption on Indonesia's CO2 emissions used the World Bank data. This research is a type of quantitative research using VAR (Vector Autoregression) estimation. The data used comes from secondary data in a time series from 1971-2014. The data analysis technique in this study used the Vector-Autoregression (VAR) method. The tests performed include the optimum lag, Granger causality test, cointegration test, stationary test, VAR stability test, Impulse Response Function, and Variance Decontamination test. This study found that an increase in economic activity, in general, will affect an increase in CO2 gas emissions, which is caused by the large energy consumption of the economy. The increase in CO2 emissions will cause climate change, thus causing environmental damage. The Granger causality test analysis demonstrates the exports no one has any effect on CO2 emissions.So with imports, there is also no causality to CO2. The VAR analysis test also explains that export and import activities have no significant effect on increasing CO2 because both variables' values are higher than with the t-statistics' values. So, international trade has no effect on increasing CO2 and environmental degradation. According to the study's findings, CO2 emissions can rise as a result of energy usage.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129775937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022009
Mauvirah Dwi Sholeha
This Research aims to simulate the application of import tariffs on reducing the use of fossil energy and the impact of using alternative energy on minimizing the use of fossil fuels in Indonesia. This research method applies VECM (Vector Error Correction Model) model to analyze the effect vectors on Energy Use, usage of energy from fossil fuels, and Import Costs with the research period from 1999 to 2020. The data used in this analysis is time series. This secondary data was used in the study. secondary data from the World Bank. We found that import tariffs have a significant effect on reducing using fossil fuels in Indonesia. Where the application of environmental taxes can be effective in limiting the use of fossil energy and increasing environmental sustainability. This is related to a sustainable economy. The utilizing energy itself has no significant effect on the use of fossil energy and import tariffs. This shows that the use of alternatives has not significantly reduced the use of fossil fuels in Indonesia.
{"title":"Import Tariffs to Reduce the Use and Consumption of Fossil Energy in Indonesia","authors":"Mauvirah Dwi Sholeha","doi":"10.54204/aebd/vol5no1october2022009","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022009","url":null,"abstract":"This Research aims to simulate the application of import tariffs on reducing the use of fossil energy and the impact of using alternative energy on minimizing the use of fossil fuels in Indonesia. This research method applies VECM (Vector Error Correction Model) model to analyze the effect vectors on Energy Use, usage of energy from fossil fuels, and Import Costs with the research period from 1999 to 2020. The data used in this analysis is time series. This secondary data was used in the study. secondary data from the World Bank. We found that import tariffs have a significant effect on reducing using fossil fuels in Indonesia. Where the application of environmental taxes can be effective in limiting the use of fossil energy and increasing environmental sustainability. This is related to a sustainable economy. The utilizing energy itself has no significant effect on the use of fossil energy and import tariffs. This shows that the use of alternatives has not significantly reduced the use of fossil fuels in Indonesia.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"88 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128583684","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022004
Eka Erina Putri, Mukarromatul Azizatun Naimah
In these research intend to determine the factors that influence Indonesia's growth which includes human resources and technology using time series data from 2000 to 2019. To understand the connection between advances in human resources and technology on economic growth, the researcher uses autoregressive vector analysis. The researcher uses the variables of gross domestic product, health, capital, work participation, and internet users to represent technology. The results show that the quality of human resources will affect economic growth in Indonesia and as well provide a significant boost to the workforce and health. Where the labor force or work participation and health are considered the most important factors to increase human capital. This shows that investment in human resources is very important for economic growth. The output also show that technology has no effect on economic growth. This is due to increased economic growth, and decreased government spending on research and technology.
{"title":"Analysis of Factors Affecting Economic Growth in Indonesia","authors":"Eka Erina Putri, Mukarromatul Azizatun Naimah","doi":"10.54204/aebd/vol5no1october2022004","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022004","url":null,"abstract":"In these research intend to determine the factors that influence Indonesia's growth which includes human resources and technology using time series data from 2000 to 2019. To understand the connection between advances in human resources and technology on economic growth, the researcher uses autoregressive vector analysis. The researcher uses the variables of gross domestic product, health, capital, work participation, and internet users to represent technology. The results show that the quality of human resources will affect economic growth in Indonesia and as well provide a significant boost to the workforce and health. Where the labor force or work participation and health are considered the most important factors to increase human capital. This shows that investment in human resources is very important for economic growth. The output also show that technology has no effect on economic growth. This is due to increased economic growth, and decreased government spending on research and technology.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123855277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022007
Shanti Fitria
The study aims to investigate inflation and exports, and interest rates with a research period from 1990 to 2021. VECM (Vector Error Correction Model) is the analytical technique have been used to ascertain the vector causality link between variables. Utilized secondary data in this investigation. Obtained using official World Bank statistics. We discovered that strengthening the rupiah currency rate is only marginally positively impacted by increasing competition in Indonesian exports. However, inflation in Indonesia significantly depresses the currency exchange rate which has a pressing upon suppressing how much exports can value. This is because the rupiah exchange rate significantly boosts exports. When inflation depresses the value of the rupiah, it has a great effect on its suppression in terms of the rupiah exchange rate which continues to suppress Indonesia's export competitiveness.
{"title":"The Effect Of The Financial Crisis On Export Competitiveness In Indonesia","authors":"Shanti Fitria","doi":"10.54204/aebd/vol5no1october2022007","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022007","url":null,"abstract":"The study aims to investigate inflation and exports, and interest rates with a research period from 1990 to 2021. VECM (Vector Error Correction Model) is the analytical technique have been used to ascertain the vector causality link between variables. Utilized secondary data in this investigation. Obtained using official World Bank statistics. We discovered that strengthening the rupiah currency rate is only marginally positively impacted by increasing competition in Indonesian exports. However, inflation in Indonesia significantly depresses the currency exchange rate which has a pressing upon suppressing how much exports can value. This is because the rupiah exchange rate significantly boosts exports. When inflation depresses the value of the rupiah, it has a great effect on its suppression in terms of the rupiah exchange rate which continues to suppress Indonesia's export competitiveness.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"106 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128126642","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022010
Muhammad Rama Ma'rufin, Muhammad Ikrom Alfareza
This study was conducted in Indonesia to analyze the relationship between oil rent, energy consumption, and government spending. This study uses annual data obtained from world bank publications. The data analysis method used is VECM. This study finds in Indonesia, there is a three-way casual relationship between energy use and oil rent, but no causal relationship between variables. This indicates in the greater Indonesian energy consumption, the higher the profit level of Indonesia's oil and gas sector. Energy consumption has no impact on government expenditure in Indonesia. So that the policy of limiting the consumption of fossil fuels such as environmental taxes does not significantly suppress the state's development from government expenditure and can actually increase state revenues so that it has the potential to increase development. Suggestions for future research is to include including environmental tax variables to measure potential environmental tax revenues in Indonesia.
{"title":"Assesing The Relationship Between Oil Rent, Energy Consumption, And Government Expenditure In Indonesia","authors":"Muhammad Rama Ma'rufin, Muhammad Ikrom Alfareza","doi":"10.54204/aebd/vol5no1october2022010","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022010","url":null,"abstract":"This study was conducted in Indonesia to analyze the relationship between oil rent, energy consumption, and government spending. This study uses annual data obtained from world bank publications. The data analysis method used is VECM. This study finds in Indonesia, there is a three-way casual relationship between energy use and oil rent, but no causal relationship between variables. This indicates in the greater Indonesian energy consumption, the higher the profit level of Indonesia's oil and gas sector. Energy consumption has no impact on government expenditure in Indonesia. So that the policy of limiting the consumption of fossil fuels such as environmental taxes does not significantly suppress the state's development from government expenditure and can actually increase state revenues so that it has the potential to increase development. Suggestions for future research is to include including environmental tax variables to measure potential environmental tax revenues in Indonesia.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128317646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022008
Firlana Annisa’ Fajrin, Wahyu Dwi Nur Hidayatullah
This research aims to test Hecksher Ohlin's theory with a capital-intensive country in Asia, namely Singapore with the research period 1991-2016. The time period was chosen to avoid a significant shock, namely the covid 19 that occurred in 2020. However, taking into account the effect of the Asian financial crisis in 1997, the 1991 - 2016 time period was chosen. The data used and obtained are from the World Bank. We examine the variables of labor, investment, consumer price index and export. This study uses VECM Modelling. According to Hecksher Ohlin's theory, a capital-intensive country like Singapore will export its goods and services which has a positive and significant relation with investment. The research's findings support the Hecksher-Ohlin Theory. However, employment is also positively related to investment in Singapore. This is very rational even though Singapore uses a capital-intensive system but still requires manpower. Likewise, the CPI is also significantly positive regarding investment in Singapore, proving that Singapore's production is not only for export orientation but also to meet domestic consumption.
{"title":"Testing Hecksher Ohlin Theory : Evidence From Singapore In 1991-2016","authors":"Firlana Annisa’ Fajrin, Wahyu Dwi Nur Hidayatullah","doi":"10.54204/aebd/vol5no1october2022008","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022008","url":null,"abstract":"This research aims to test Hecksher Ohlin's theory with a capital-intensive country in Asia, namely Singapore with the research period 1991-2016. The time period was chosen to avoid a significant shock, namely the covid 19 that occurred in 2020. However, taking into account the effect of the Asian financial crisis in 1997, the 1991 - 2016 time period was chosen. The data used and obtained are from the World Bank. We examine the variables of labor, investment, consumer price index and export. This study uses VECM Modelling. According to Hecksher Ohlin's theory, a capital-intensive country like Singapore will export its goods and services which has a positive and significant relation with investment. The research's findings support the Hecksher-Ohlin Theory. However, employment is also positively related to investment in Singapore. This is very rational even though Singapore uses a capital-intensive system but still requires manpower. Likewise, the CPI is also significantly positive regarding investment in Singapore, proving that Singapore's production is not only for export orientation but also to meet domestic consumption.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114318575","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-30DOI: 10.54204/aebd/vol5no1october2022005
Dwi Nur Farida
This study examines the effects of global trade, Food Security, and the use of fossil energy in Indonesia before covid 19 and before the Ukraine-Russian war.This study uses a fairly long period of time, namely from 1974 to 2014. The determination of the period of this research is to investigate the consequences on international trade, Indonesian food security with indicators of Indonesia's net food export, and the use of fossil energy in Indonesia. We avoid the shock of covid 19 and the Ukraine - Russia war so that our estimation results can provide a more accurate estimate. We use a model on vector error correction to investigate causality in between two method. We found the impact of global trade significant effect on food security and energy use. Where when there is a disturbance in the world supply chain, such as a war, it will have an impact on world food security and energy use. Food security is important for humanity and international trade is important in maintaining supply chains for global food security.
{"title":"Effects of International Trade on Global Food Security and Energy Use","authors":"Dwi Nur Farida","doi":"10.54204/aebd/vol5no1october2022005","DOIUrl":"https://doi.org/10.54204/aebd/vol5no1october2022005","url":null,"abstract":"This study examines the effects of global trade, Food Security, and the use of fossil energy in Indonesia before covid 19 and before the Ukraine-Russian war.This study uses a fairly long period of time, namely from 1974 to 2014. The determination of the period of this research is to investigate the consequences on international trade, Indonesian food security with indicators of Indonesia's net food export, and the use of fossil energy in Indonesia. We avoid the shock of covid 19 and the Ukraine - Russia war so that our estimation results can provide a more accurate estimate. We use a model on vector error correction to investigate causality in between two method. We found the impact of global trade significant effect on food security and energy use. Where when there is a disturbance in the world supply chain, such as a war, it will have an impact on world food security and energy use. Food security is important for humanity and international trade is important in maintaining supply chains for global food security.","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"2015 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127615448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}