Coal Energy and Macroeconomic Conditions

Selamet Joko Utomo, Titov Chuk's Mayvani and Mochamad Ali Imron
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Selamet Joko Utomo: Department of Economics, Faculty of Economics and Business, University of Trunojoyo Madura, Indonesia,
Titov Chuk's Mayvani: Department of Economics, Faculty of Economics and Business, University of Trunojoyo Madura, Indonesia,
Mochamad Ali Imron: Department of Economics, Faculty of Business and Economics, Universitas Islam Indonesia, Indonesia.

International Journal of Energy Economics and Policy, 2021, vol. 11, issue 4, 426-432

Abstract: This paper assesses the effect of coal energy production volume, exchange rate, inflation and gross domestic product on the volume of Indonesia's coal energy exports in 1998-2019. Based on an Autoregressive Distributed Lag (ARDL) approach, in the short run, we find that the coal energy production volume, exchange rate, and gross domestic product has a negative relationship to Indonesia's coal energy exports. However, on the other hand, inflation has a positive relationship to Indonesia's coal energy exports. In the long run, we also find that the coal energy production volume, inflation, and gross domestic product has a positive relationship to Indonesia's coal energy exports. Besides, the exchange rate has a negative relationship to Indonesia's coal energy exports.

Keywords: Coal Energy; Exchange Rate; Inflation; Gross Domestic Product; Autoregressive Distributed Lag (search for similar items in EconPapers)
JEL-codes: E2 E6 Q2 Q4 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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