GREEN ECONOMY AND GREEN OPENNESS OVERVIEW INDONESIA & MALAYSIA GREEN BUSINESS
This study analyzes the influence of openness, capital, and labour credit on the Green GDP and their impact on Green GDP its implications for income disparity/gap. Knowing the comparison of the green GDP in Indonesia and in Malaysia. The study used secondary data annual 1990-2019 obtained through related agencies. The data analysis method uses OLS Multiple Linear Regression which begins with the Stationarity Test and Cointegration Test. Determination of the dominant factor and the amount of contribution using the beta value (β). The dependent variable difference test (t test difference) is to determine the comparison of the green GDP in Indonesia and Malaysia. The result of research For the Green Economy Valuation calculated from Conventional GDP minus the Depletion Natural Source value, we get Semi Green GDP, while the Green GDP value is obtained from Semi Green GDP minus the Degradation value. The degradation value is obtained from the total costs incurred to overcome air pollution by planting trembles trees. For Indonesia and Malaysia there is a positive partial influence between Green Openness on Green GDP. For the t-test difference on the Green GDP and Green Openness variable, it states that there is a significant difference in Green GDP and Green Openness Variables between Indonesia and Malaysia.
Green Economy, Green Openness, Valuation