The The Influence of Renewable Energy Consumption in Cambodia on The Economic and Environmental Sectors

English

Abstract

This study's goal is to determine the consequences of employing renewable energy sources on Cambodia's environmental and economic sectors. We use the World Bank as an additional source for statistical data, namely data from 2000 to 2019. Factors in this study include economic growth and current health expenditure since it demonstrates a link between the two variables over both the long and shortterms, with the dependent variable being the usage of renewable energy. We discover that the factors we anticipate to have varying associations with Cambodia's utilization of renewable energy, in the short term the value of previous years' renewable energy consumption are the dominant factor affecting this year's renewable energy consumption, followed by current health spending. The ARDL test found that when the gross domestic product increases it will give negative sentiment to the value of renewable energy consumption in Cambodia. This is different from other variables such as current health spending, where when there is an increase it will make a positive contribution to the increase in renewable energy consumption.