THE EFFECT OF GROSS DOMESTIC PRODUCT AND POPULATION GROWTH ON CO2 EMISSIONS IN INDONESIA: AN APPLICATION OF THE ANT COLONY OPTIMISATION ALGORITHM AND COBB-DOUGLAS MODEL

Sukono Sukono, Wahyuddin Albra, T. Zulham, Iskandarsyah Majid, Jumadil Saputra, Betty Subartini, Friscila Thalia
2019 International Journal of Energy Economics and Policy  
Gross domestic product (GDP) is one indicator for measuring a country's economic growth. However, the increase in GDP and population growth are affecting CO 2 emissions. This study analyses the effects of GDP and population density on CO 2 emissions in Indonesia. To this end, it used the Cobb-Douglas model, and parameter estimation using Ant Colony Optimisation algorithm. The analysis of the results reveals that GDP and population density influence CO 2 emissions in Indonesia significantly, and
more » ... significantly follows the Cobb-Douglas model with increasing return to scale characteristics. Thus, an increase in GDP and population density will lead to increased CO 2 emissions in Indonesia.
doi:10.32479/ijeep.8011 fatcat:jxcv43xnebf7rckfw3o2mixnuq