Coal Energy and Macroeconomic Conditions

<p class="Pa9">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 fin...

Full description

Bibliographic Details
Main Authors: Selamet Joko Utomo, Titov Chuk's Mayvani, Mochamad Ali Imron
Format: Article
Language:English
Published: EconJournals 2021-06-01
Series:International Journal of Energy Economics and Policy
Online Access:https://econjournals.com/index.php/ijeep/article/view/11214
Description
Summary:<p class="Pa9">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.</p><p><strong>Keywords: </strong>Coal Energy, Exchange Rate, Inflation, Gross Domestic Product, Autoregressive Distributed Lag</p><p><strong>JEL Classifications: </strong>E2, E6, Q4, Q2</p><div><p>DOI: <a href="https://doi.org/10.32479/ijeep.11214">https://doi.org/10.32479/ijeep.11214</a></p></div>
ISSN:2146-4553