Natural gas as petroleum fuels substitution: Impact on economic performance in Indonesia
Autor: | Q. Tjandranegara, Widodo Wahyu Purwanto, Arsegianto |
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Rok vydání: | 2016 |
Předmět: |
Natural resource economics
business.industry 020209 energy General Chemical Engineering media_common.quotation_subject Substitution (logic) Energy Engineering and Power Technology 02 engineering and technology Investment (macroeconomics) language.human_language Indonesian Econometric model chemistry.chemical_compound Fuel Technology chemistry Economy Natural gas Unemployment 0202 electrical engineering electronic engineering information engineering Economics language Petroleum Policy simulations business media_common |
Zdroj: | Energy Sources, Part B: Economics, Planning, and Policy. 11:65-72 |
ISSN: | 1556-7257 1556-7249 |
DOI: | 10.1080/15567249.2012.682698 |
Popis: | The lack of natural gas infrastructure is the main hurdle in maximizing natural gas usage in Indonesia. This study analyzes the substitution of natural gas for petroleum fuels and its investment impacts on Indonesian economic performances using econometrics. Five econometric models have been proposed which are capable of describing economic behavior. The policy simulations show that fuel substitution has a significant impact on Indonesian economic performance, particularly related to reducing unemployment. |
Databáze: | OpenAIRE |
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