Effect Of Consumption and Net Exports on Economic Growth With Investment as A Moderating Variable In North Sumatera Province

Abstract

This study aims to determine the effect of energy consumption, carbon emissions, greenhouse gas emission reduction on economic growth in Indonesia. The results obtained from this study are in the short term, the energy consumption variable in the current year has a positive effect on economic growth in Indonesia, while the energy consumption variable (in the previous 1 year, 2 years earlier, and 3 years earlier) has a negative effect on economic growth in Indonesia. Then the carbon emission variable in the current year has a negative effect on economic growth in Indonesia, while the carbon emission variable (in the previous 1 year, 2 years earlier, and 3 years earlier) has a positive effect on economic growth in Indonesia. Then, the greenhouse gas emission reduction variable (in the current year and 3 years earlier) has a negative effect on economic growth in Indonesia, while the greenhouse gas emission reduction variable (in the previous 1 year and 2 years earlier) has a positive effect on economic growth in Indonesia. In the long run, the energy consumption variable has a positive effect on economic growth in Indonesia, while the carbon emission variable and the greenhouse gas emission reduction variable have a negative effect on economic growth in Indonesia.