scholarly journals Investigation of availability, demand, targets, economic growth and development of RE 2017-2050: Case study in Indonesia

2020 ◽  
Author(s):  
Erdiwansyah Erdiwansyah ◽  
Mahidin Mahidin ◽  
H. Husin ◽  
Khairil Khairil ◽  
M. Zaki ◽  
...  
Keyword(s):  
Government Policy ◽  
Growth And Development ◽  
Energy Demand ◽  
Electricity Generation ◽  
Government Policies ◽  
Selling Price ◽  
Economic Growth And Development ◽  
Long Run ◽  
Petroleum Fuels

Abstract The potential for (RE) in Indonesia is quite abundant and is predicted to replace conventional energy which continues to experience depletion and depletion in the next few years. However, until now the use of RE has only reached 2% of the existing potential of 441.7GW overall. The main overview of this work is to investigate the availability of RE that can be utilized for electricity generation in Indonesia. National energy demand and targets in the long run during the 2017-2050 period are also discussed. Besides, government policies in supporting RE development are also considered in this work. The results show that the potential for RE in Indonesia can be utilized and might replace conventional energy for decades. Utilization of RE for electricity generation can be achieved with a government policy that supports the investor as the executor of RE development. The selling price of electricity from the use of RE is cheaper than fossils so that people's economy is more affordable. Finally, the government's target for the utilization of RE as the main energy in Indonesia can be done by implementing several policies for the development of RE. Thus, greenhouse gas emissions and the use of petroleum fuels can reduced.

scholarly journals Investigation of availability, demand, targets, economic growth, and development of Renewable Energy in 2017-2050: A case study in Indonesia

2020 ◽  
Author(s):  
Erdiwansyah Erdiwansyah ◽  
Mahidin Mahidin ◽  
H. Husin ◽  
Nasaruddin Nasaruddin ◽  
Khairil Khairil ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Demand ◽  
Electricity Generation ◽  
Government Policies ◽  
Selling Price ◽  
Long Run ◽  
Target Set ◽  
The Government ◽  
Petroleum Fuels

Abstract Abundant potential of renewable energy (hereinafter called RE) in Indonesia is predicted to replace conventional energy which continues to experience depletion year by year. However, until now, the use of RE has only reached 2% of the existing potential of 441.7GW. The main overview of this work is to investigate the availability of RE that can be utilized for electricity generation in Indonesia. National energy demand and targets in the long run during the 2017-2050 period are also discussed. Besides, government policies in supporting RE development are considered in this work. The results show that the potential of RE in Indonesia can be utilized and might replace conventional energy for decades. The use of RE for electricity generation can be achieved by employing a government policy that supports the investor as the executor of RE development. The selling price of electricity generated from RE is cheaper than electricity generated from fossils; this makes economy is more affordable for people. Finally, the target set by the government for utilizing RE as the main energy in Indonesia can be done by implementing several policies for the RE development. Thus, greenhouse gas emissions and the use of petroleum fuels can be reduced.

scholarly journals Investigation of availability, demand, targets, and development of Renewable Energy in 2017-2050: A case study in Indonesia

2020 ◽  
Author(s):  
Erdiwansyah Erdiwansyah ◽  
Mahidin Mahidin ◽  
Husni Husin ◽  
Nasaruddin Nasaruddin ◽  
Khairil Khairil ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Demand ◽  
Electricity Generation ◽  
Government Policies ◽  
Selling Price ◽  
Long Run ◽  
Target Set ◽  
The Government ◽  
Petroleum Fuels

Abstract Abundant potential of renewable energy (hereinafter called RE) in Indonesia is predicted to replace conventional energy which continues to experience depletion year by year. However, until now, the use of RE has only reached 2% of the existing potential of 441.7GW. The main overview of this work is to investigate the availability of RE that can be utilized for electricity generation in Indonesia. National energy demand and targets in the long run during the 2017-2050 period are also discussed. Besides, government policies in supporting RE development are considered in this work. The results show that the potential of RE in Indonesia can be utilized and might replace conventional energy for decades. The use of RE for electricity generation can be achieved by employing a government policy that supports the investor as the executor of RE development. The selling price of electricity generated from RE is cheaper than electricity generated from fossils; this makes economy is more affordable for people. Finally, the target set by the government for utilizing RE as the main energy in Indonesia can be done by implementing several policies for the RE development. Thus, greenhouse gas emissions and the use of petroleum fuels can be reduced.

scholarly journals Investigation of availability, demand, targets, and development of renewable energy in 2017–2050: a case study in Indonesia

2021 ◽  
Author(s):  
Erdiwansyah Erdiwansyah ◽  
Mahidin Mahidin ◽  
Husni Husin ◽  
Nasaruddin Nasaruddin ◽  
Khairil Khairil ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Demand ◽  
Electricity Generation ◽  
Government Policies ◽  
Selling Price ◽  
Long Run ◽  
Target Set ◽  
The Government ◽  
Petroleum Fuels

AbstractAbundant potential of renewable energy (RE) in Indonesia is predicted to replace conventional energy which continues to experience depletion year by year. However, until now, the use of RE has only reached 2% of the existing potential of 441.7 GW. The main overview of this work is to investigate the availability of RE that can be utilized for electricity generation in Indonesia. National energy demand and targets in the long run during the 2017–2050 period are also discussed. Besides, government policies in supporting RE development are considered in this work. The results show that the potential of RE in Indonesia can be utilized and might replace conventional energy for decades. The use of RE for electricity generation can be achieved by employing a government policy that supports the investor as the executor of RE development. The selling price of electricity generated from RE is cheaper than electricity generated from fossils; this makes economy is more affordable for people. Finally, the target set by the government for utilizing RE as the main energy in Indonesia can be done by implementing several policies for the RE development. Thus, greenhouse gas emissions and the use of petroleum fuels can be reduced.

scholarly journals How Deep Are the Roots of Economic Development?

2013 ◽  
Vol 51 (2) ◽  
pp. 325-369 ◽  
Author(s):  
Enrico Spolaore ◽  
Romain Wacziarg
Keyword(s):  
Economic Development ◽  
Growth And Development ◽  
Empirical Work ◽  
Empirical Literature ◽  
Direct Impact ◽  
Economic Growth And Development ◽  
Long Run ◽  
Proximate Determinants ◽  
New Literature

The empirical literature on economic growth and development has moved from the study of proximate determinants to the analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on the measurement and estimation of the effects of historical variables on contemporary income by explicitly taking into account the ancestral composition of current populations. The evidence suggests that economic development is affected by traits that have been transmitted across generations over the very long run. This article surveys this new literature and provides a framework to discuss different channels through which intergenerationally transmitted characteristics may impact economic development, biologically (via genetic or epigenetic transmission) and culturally (via behavioral or symbolic transmission). An important issue is whether historically transmitted traits have affected development through their direct impact on productivity, or have operated indirectly as barriers to the diffusion of productivity-enhancing innovations across populations. (JEL J11, O33, O47, Z13)

The Establishment of Banking Institutions in a Backward Economy: Brazil, 1800–1851

1975 ◽  
Vol 49 (4) ◽  
pp. 446-472 ◽  
Author(s):  
Carlos Manuel Peláez
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Economic Growth And Development ◽  
Early Stages ◽  
Banking Institutions

This study analyzes the Brazilian experience as a case study in the role of banking in the early stages of economic growth and development.

scholarly journals Foreign Aid and Economics Development Nexus: The Case of Sierra Leone

2021 ◽  
Vol 9 (6) ◽  
pp. 219-233
Author(s):  
Ezekiel Kalvin Duramany-Lakkoh
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Sierra Leone ◽  
Growth And Development ◽  
Secondary Data ◽  
Empirical Estimation ◽  
Economic Growth And Development ◽  
Long Run ◽  
Short Run ◽  
The Impact

This study investigates the impact of foreign aid on economic growth in Sierra Leone using cointegration and error correction methodology by Johansen and Juselius (1990). Utilizing secondary data for the period 1970 to 2018, the empirical estimation revealed that foreign aid in Sierra Lone is positively and significantly related to economic growth both in the short run and long run, confirming the importance of the study. The policy implication of the study is that the Sierra Leone government should seek more foreign aid to accelerate economic growth and development.  

scholarly journals Long-Run Development and the New Cultural Economics

2017 ◽  
Author(s):  
Boris Gershman
Keyword(s):  
Economic Performance ◽  
Growth And Development ◽  
Cultural Transmission ◽  
Empirical Studies ◽  
Cultural Economics ◽  
Causal Effects ◽  
Economic Growth And Development ◽  
Long Run ◽  
Cultural Persistence ◽  
Benefits And Costs

This chapter talks about three major intertwined themes that emerge in the new cultural economics: causal effects of culture on economic outcomes and institutions, the origins of culture, and the issues of cultural transmission, persistence, and change. It emphasizes the studies related to the field of long-run economic growth and development which explores culture as one of the key “deep determinants” of economic performance. The chapter reviews some of the recent empirical studies attempting to identify the causal effects of culture, and examines the research on the origins of culture, its social benefits, and costs. It also considers the evidence on cultural persistence and discusses the mechanisms of cultural transmission and change.

scholarly journals Financing Human Development for Sectorial Growth: A Time Series Analysis

2017 ◽  
Vol 10 (1) ◽  
pp. 51-67 ◽  
Author(s):  
Abdul Olatunji Shobande ◽  
Charles Etukomeni
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Human Development ◽  
Growth And Development ◽  
Human Capital Development ◽  
Economic Growth And Development ◽  
Long Run ◽  
Depth Relationship ◽  
Capital Development ◽  
The Impact

Abstract The role which financing human development plays in fostering the sectorial growth of an economy cannot be undermined. It is a key instrument which can be utilized to alleviate poverty, create employment and ensure the sustenance of economic growth and development. Thus financing human development for sectorial growth has taken the center stage of economic growth and development strategies in most countries. In a constructive effort to examine the in-depth relationship between the variables in the Nigerian space, this paper provides evidence on the impact of financing human development and sectorial growth in Nigeria between 1982 and 2016, using the Johansen co-integration techniques to test for co-integration among the variables and the Vector Error Correction Model (VECM) to ascertain the speed of adjustment of the variables to their long run equilibrium position. The analysis shows that a long and short run relationship exists between financing human capital development and sectorial growth during the period reviewed. Therefore, the paper argues that for an active foundation for sustainable sectorial growth and development, financing human capital development across each unit is urgently required through increased budgetary allocation for both health and educational sectors since they are key components of human capital development in a nation.

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