Generation, Economic Growth, FDI Inflow and CO2 Emission: A Case Study on Developed and Developing Countries in the Asia Pacific Region

Adi, Tri Wahyu and Pawenary, Pawenary and Prabowo, Eri (2023) Generation, Economic Growth, FDI Inflow and CO2 Emission: A Case Study on Developed and Developing Countries in the Asia Pacific Region. International Journal of Energy Economics and Policy, 13 (5). pp. 144-156. ISSN 21464553

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Abstract

The net-zero scenario by 2050 (NZE) is a normative scenario that sets the stage for the global energy sector to reach net-zero emissions by 2050. This research aims to explore nuclear energy generation as a potential technological change in a future power generation base load, the factors that are affected and the effects on economic growth, FDI inflow, and CO2 emission in developed and developing countries in the Asia Pacific. The empirical analysis uses time-series data of nuclear energy generation, fossil fuel price, energy mix generation, economic growth, FDI inflow, and CO2 emission in the period 2001 – 2021. The inferential statistical method used to analyse in this research is a component-based using SmartPLS 3.2.9. This research find that Fossil fuel prices have no significant positive effect on nuclear energy generation in developed countries, and the opposite in developing countries, while a negative not significant effect on CO2 emission in both developed and developing countries, with a positive significant effect on economic growth in developed countries and the opposite in developing countries, with a negative significant effect on FDI inflow in developed countries and the opposite in developing countries, with a negative not significant effect on energy mix generation in developed countries and the opposite in developing countries. Nuclear energy generation has a negative not significant effect on energy mix generation in developed countries and the opposite in developing countries, with a negative not significant effect on economic growth in developed countries and the opposite in developing countries, with a positive not significant effect on FDI inflow in developed countries and the opposite in developing countries, with a positive significant effect on CO2 emission in developed countries and the opposite in developing countries. The energy mix generation find has a negative significant effect on economic growth in developed countries and the opposite in developing countries, with a positive significant effect on FDI Inflow and CO2 emission in both developed and developing countries. Economic growth has a negative not significant effect on CO2 emission in both developed and developing countries. FDI inflow has a negative significant effect on CO2 emission in developed countries and the opposite in developing countries.

Item Type: Article
Uncontrolled Keywords: Nuclear Energy Generation, Fossil Fuel Price, Energy Mix, Economic Growth, FDI, CO2 Emission
Subjects: Bidang Keilmuan > Bisnis Energi
Bidang Keilmuan > Energi dan Ketenagalistrikan
Bidang Keilmuan > Energy Economics
Bidang Keilmuan > Power generation
Bidang Keilmuan > Teknik Elektro Tenaga Listrik
Bidang Keilmuan > Teknik Tenaga Listrik
Bidang Keilmuan > Tenaga Listrik
Divisions: Fakultas Ketenagalistrikan dan Energi Terbarukan > S1 Teknik Elektro
Depositing User: Yudha Formanto
Date Deposited: 03 Nov 2025 04:15
Last Modified: 03 Nov 2025 04:27
URI: https://repository.itpln.ac.id/id/eprint/3274

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