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The Role of Renewable and Nonrenewable Energy on Agricultural Economics in Indonesia

Author

Listed:
  • Doppy Roy Nendissa

    (Department of Agribusiness, Faculty of Agriculture, University of Nusa Cendana Kupang, Indonesia)

  • Atiek Iriany

    (Department of Statistics, Faculty of Mathematics and Natural Sciences, University of Brawijaya, Malang, Indonesia)

  • Jeky Melkianus Sui

    (Deparment of Statistic, Faculty of Mathematics and Natural Sciences, University of San Pedro, Indonesia)

  • Nikmatul Khoiriyah

    (Department of Agribusiness, Faculty of Agriculture, University of Islam Malang, Malang, Indonesia)

  • Onuma Suphattanakul

    (Faculty of Liberal Arts, Rajamangala University of Technology Srivijaya, Thailand.)

  • Worakamol Wisetsri

    (Department of Manufacturing and Service Industry Management, Faculty of Business and Industrial Development, King Mongkut s University of Technology North Bangkok, (KMUTNB), Thailand)

Abstract

Recently, the prominent involvement of energy in the agriculture sector significantly influences agriculture economics and needs researchers focus. Hence, the current article examines the impact of renewable energy production (REP) and consumption, fossil fuel energy consumption (FFEC) and energy import and use on the agriculture economics in Indonesia. The researchers have followed the secondary source of data collection, such as world development indicators (WDI) and extracted data from 1986 to 2020. The current research has used the Augmented Dickey-Fuller (ADF) test for checking the unit root and autoregressive distributed lag (ARDL) to test the nexus among constructs. The results revealed that renewable energy production and consumption, fossil fuel energy consumption and energy import and use have a positive association with agriculture economics in Indonesia. This study provides guidelines to the policymakers while developing regulations related to the improvement of agriculture economics.

Suggested Citation

  • Doppy Roy Nendissa & Atiek Iriany & Jeky Melkianus Sui & Nikmatul Khoiriyah & Onuma Suphattanakul & Worakamol Wisetsri, 2022. "The Role of Renewable and Nonrenewable Energy on Agricultural Economics in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(3), pages 352-360, May.
    • Handle: RePEc:eco:journ2:2022-03-38
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    References listed on IDEAS

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    Cited by:

    1. Aluwani Tagwi, 2022. "The Impacts of Climate Change, Carbon Dioxide Emissions (CO 2 ) and Renewable Energy Consumption on Agricultural Economic Growth in South Africa: ARDL Approach," Sustainability, MDPI, vol. 14(24), pages 1-25, December.

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    More about this item

    Keywords

    Renewable energy production; energy use; fossil fuel energy consumption; energy import; agriculture economics;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q29 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Other
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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