Asymmetric Impact of Institutional Quality on Environmental Degradation: Evidence of the Environmental Kuznets Curve
This paper aims to discover the asymmetry impacts and co-integration between gross domestic product, financial development, energy use and environmental degradation by featuring institutional quality covering the Malaysia economy during the period from 1984 until 2017 using a nonlinear auto-regressi...
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2021
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oai:doaj.org-article:07aa1b2cd29f43059052cf7c574974222021-11-25T19:01:46ZAsymmetric Impact of Institutional Quality on Environmental Degradation: Evidence of the Environmental Kuznets Curve10.3390/su1322125072071-1050https://doaj.org/article/07aa1b2cd29f43059052cf7c574974222021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12507https://doaj.org/toc/2071-1050This paper aims to discover the asymmetry impacts and co-integration between gross domestic product, financial development, energy use and environmental degradation by featuring institutional quality covering the Malaysia economy during the period from 1984 until 2017 using a nonlinear auto-regressive distributed lag model. The results confirm the existence of the Environmental Kuznets Curve hypothesis for both linear and nonlinear analyses, thus verifying the relevance of symmetric and asymmetric EKC hypotheses for Malaysia. Further, this study verifies the attributes of financial development and institutional quality that mitigates the concern on CO<sub>2</sub> emissions, but contradicting results were produced on energy use. The implication of this finding provides new guidelines for Malaysia authorities to consider the asymmetries in formulating environment-related policies to maintain environmental quality and achieve their sustainable development goals.Farrah Dina Abd RazakNorlin KhalidMohd Helmi AliMDPI AGarticleEnvironmental Kuznets Curvecarbon dioxide emissionsenvironmental degradationfinancial developmentenergy useinstitutional qualityEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12507, p 12507 (2021) |
institution |
DOAJ |
collection |
DOAJ |
language |
EN |
topic |
Environmental Kuznets Curve carbon dioxide emissions environmental degradation financial development energy use institutional quality Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 |
spellingShingle |
Environmental Kuznets Curve carbon dioxide emissions environmental degradation financial development energy use institutional quality Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Farrah Dina Abd Razak Norlin Khalid Mohd Helmi Ali Asymmetric Impact of Institutional Quality on Environmental Degradation: Evidence of the Environmental Kuznets Curve |
description |
This paper aims to discover the asymmetry impacts and co-integration between gross domestic product, financial development, energy use and environmental degradation by featuring institutional quality covering the Malaysia economy during the period from 1984 until 2017 using a nonlinear auto-regressive distributed lag model. The results confirm the existence of the Environmental Kuznets Curve hypothesis for both linear and nonlinear analyses, thus verifying the relevance of symmetric and asymmetric EKC hypotheses for Malaysia. Further, this study verifies the attributes of financial development and institutional quality that mitigates the concern on CO<sub>2</sub> emissions, but contradicting results were produced on energy use. The implication of this finding provides new guidelines for Malaysia authorities to consider the asymmetries in formulating environment-related policies to maintain environmental quality and achieve their sustainable development goals. |
format |
article |
author |
Farrah Dina Abd Razak Norlin Khalid Mohd Helmi Ali |
author_facet |
Farrah Dina Abd Razak Norlin Khalid Mohd Helmi Ali |
author_sort |
Farrah Dina Abd Razak |
title |
Asymmetric Impact of Institutional Quality on Environmental Degradation: Evidence of the Environmental Kuznets Curve |
title_short |
Asymmetric Impact of Institutional Quality on Environmental Degradation: Evidence of the Environmental Kuznets Curve |
title_full |
Asymmetric Impact of Institutional Quality on Environmental Degradation: Evidence of the Environmental Kuznets Curve |
title_fullStr |
Asymmetric Impact of Institutional Quality on Environmental Degradation: Evidence of the Environmental Kuznets Curve |
title_full_unstemmed |
Asymmetric Impact of Institutional Quality on Environmental Degradation: Evidence of the Environmental Kuznets Curve |
title_sort |
asymmetric impact of institutional quality on environmental degradation: evidence of the environmental kuznets curve |
publisher |
MDPI AG |
publishDate |
2021 |
url |
https://doaj.org/article/07aa1b2cd29f43059052cf7c57497422 |
work_keys_str_mv |
AT farrahdinaabdrazak asymmetricimpactofinstitutionalqualityonenvironmentaldegradationevidenceoftheenvironmentalkuznetscurve AT norlinkhalid asymmetricimpactofinstitutionalqualityonenvironmentaldegradationevidenceoftheenvironmentalkuznetscurve AT mohdhelmiali asymmetricimpactofinstitutionalqualityonenvironmentaldegradationevidenceoftheenvironmentalkuznetscurve |
_version_ |
1718410382721155072 |