The present study not only focuses on single measure of technological innovation but included three core dynamics of measuring technological innovations. These include research and development expenditures, High-tech exports and patents by residents. This kind of extensive examination will provide greater understanding regarding which form of technological innovation have the tendency to curtail or augment levels of energy intensity in Indonesia. The awareness derived from such broad inspection would be able to identify not only the overall contribution of technological innovations in affecting country's power intensity but highlight the specific role of each form of innovation in influencing energy intensity levels and the particular association to guide effective policy making process. The current study has adopted the refined methodology of auto-regressive distributed lags (ARDL) bound testing approach to examine the dynamic relationship among energy intensity and technology innovation with amplified understanding of the critical association to support the course of economic planning and policy making. The results of ARDL bound testing approach confirm that high technology exports, research and development expenditure and number of registered patents are strong determinants of energy inefficiency in Indonesia. Likewise, the outcomes affirm that all the three proxies of technology innovation have a constructive and negative effect on energy inefficiency in Indonesia which implies that the high technology exports, number of registered patents and R&D expenditure are the main source of reducing energy inefficiency in Indonesia in the long run and short run. Also, the results of Granger causality method confirm a bi-directional causal relationship between energy intensity and technology innovation in Indonesia.
The current examination aims to explore the critical relationship of energy, in the form of electricity with economic growth of Indonesia. Contrary to traditional approach of assessing the impact of energy consumption, the present study analyzes the association from production point of view by assessing the impact of electricity production on economic development. In doing so, the current study has adopted the refined methodology of auto-regressive distributed lags (ARDL) bound testing approach to examine the dynamic relationship among renewable (RE) electricity generation, non-renewable (NRE) electricity generation and economic growth with amplified understanding of the critical association to support the course of economic planning and policy making. The results of ARDL bound testing approach confirm that RE electricity generation, NRE electricity generation and carbon dioxide emission are solid determinants of economic development in Indonesia. Moreover, the results avow that RE electricity and NRE electricity generation have a useful and beneficial outcome on economic development in Indonesia.
The aim of the current study is to examine the importance of natural gas (NG) energy utilization in influencing economic growth using time series data from 1980 to 2017 in Indonesia. In doing so, the current study has adopted the refined methodology of Auto-Regressive Distributed Lags (ARDL) bound testing approach to examine the dynamic relationship among NG and economic growth with amplified understanding of the critical association to support the course of economic planning and policy making. The results of ARDL bound testing approach confirm that capital, labor force and NG utilization are strong determinants of economic growth in Indonesia. Likewise, the outcomes affirm that NG utilization have a constructive and positive effect on economic growth in Indonesia which implies that the NG is the main source of economic growth in Indonesia in the long run and short run. Also, the results of variance decomposition method confirm a bi-directional causal relationship between economic growth, NG utilization, labor force and capital in Indonesia.
The actual and virtual realms in the present economies are expending to respond well to technological evolutions. In fact, the emergence of fourth industrial revolution (4IR) has stimulated the organization to adopt innovations in the production and process with extensive integration of ecofriendly practices to ensure sustainability. The automation of work and emerging digitalization is known as the 4IR. This industrial revolution has several effects on person's career involvements. Still, the past literature in careers research and vocational psychology has been surprisingly quiet on this pattern up until now. In this regard, the present study examines the impact of industrial revolution factors on environmental and economic performance (ECP) in manufacturing small and medium enterprises in Malaysia. The results of structural equation modeling confirm that green product innovation and green process innovation have positively and significant impact on project innovation (PRI). Moreover, the results further confirm that PRI has positive and significantly impact on ECP and environmental performance (ENP). Finally, economic and ENP have a positive and significant impact on competitive advantage (COM). Therefore, it is recommended that 4IR factor is a source to enhance the economic and ENP of the firm which ultimately leads the COM.
The current study analyzes the role of management accounting systems (MAS) in dealing the critical environmental problems and organizational image for fulfilling environmental and organizational objective by using the advanced and suitable empirical investigation of partial least squares structural equation modeling. In particular, the current study investigates the role of MAS systems in driving energy efficiency (EEF) and organizational reputation (ORP) in Malaysian manufacturing firms. In addition, the contribution of the present study is extended to identify the contribution of organizational energy-efficient processing and reputation in enhancing the firm's competitiveness and performance. The results of partial least square confirm that EEF and ORP have positive and significantly influenced by the MAS. Also, EEF and organization reputation have positively and significantly influenced the competitive advantage (COM) of the manufacturing firms. Finally, we found the evidence that COM has significantly and positively impact on firm performance in Malaysian manufacturing firms.
Oil has been one of the primary wellsprings of Indonesia's revenue, either from government spending plan or balance of payments purpose of perspectives. Because of supply and demand of oil on the planet market, prices of oil, either ICP, Brent UK, or WTI, had been decay of late. Oil prices and economic wellbeing are essential markers to see the achievement of Indonesia's improvement execution. The utilization of oil as the world's fundamental energy source when all is said in done and Indonesia specifically is driven by industrialization. The more ventures, the more prominent the energy resources required. In a similar setting, economic wellbeing will likewise expand oil demand. Oil has a strategic nature and is a vital ware that influences the world economy. Both oil exporters and merchants are probably going to feel the impacts of oil price advancements. Oil prices dropped pointedly since June 2014 finishing a 4 year time of relative price strength. The size and speed of decay has been noteworthy yet not remarkable. This exploration plans to analyze the impact of crude oil prices on economic wellbeing in Indonesia. Data on crude oil prices and economic growth are yearly time series data stretching from 1987 to 2016. The aftereffects of co-integration tests demonstrate that there is no long-term connection between crude oil prices and economic wellbeing. In any case, the estimation of the autoregressive distributed lag (5.0) model demonstrates that in the short term, there is the impact of crude oil prices toward economic wellbeing.
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