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

Doppy Roy Nendissa, Atiek Iriany, Jeky Melkianus Sui, Nikmatul Khoiriyah, Onuma Suphattanakul and Worakamol Wisetsri
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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

International Journal of Energy Economics and Policy, 2022, vol. 12, issue 3, 352-360

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.

Keywords: Renewable energy production; energy use; fossil fuel energy consumption; energy import; agriculture economics (search for similar items in EconPapers)
JEL-codes: O13 Q13 Q29 Q43 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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