Analisis Net Inflows FDI, Konsumsi Energi, dan Emisi CO2 Sebagai Penentu Pertumbuhan Ekonomi (Apakah EKC Terjadi Pada Negara-Negara ASEAN-5?)

Analysis Net Inflows Foreign Direct Investment (FDI), Energy Consumption, and CO2 Emission on Economic Growth (Is EKC Exist in ASEAN-5 Countries?) By: Rizki Maulana Prasetyo NPM: 203401032 Advisor: Guide I Guide II : : Dwi Hastuti Lestari Komarlina Jumri This research focuses on determining the influence of Net Inflows Foreign Direct Investment or FDI, energy consumption and CO2 emissions on ASEAN-5 economic growth in 1991-2021 in Indonesia, the Philippines, Malaysia, Thailand and Singapore. This research uses a quantitative descriptive research method using econometric analysis as a tool to determine the influence between endogenous and exogenous variables. By using the VECM and ARDL panels, researcher found long-term influences between endogenous and exogenous variables. All exogenous variables have a positive effect on endogenous variables except CO2 emissions on economic growth. The existence of the Environmental Kuznets Curve (EKC) was also detected in ASEAN-5 countries.

Keywords: Economic Growth, CO2 Emission, Energy Consumption