The Nexus between Technological Advancement and CO2 Emissions in Malaysia

<p>The key obstacles to attaining the prevailing goal of viable development are environmental degradation and climate change. Copious efforts have been made in this field, but still, the policy embraced and the empirical connection among the factors of carbon dioxide emissions are not evident....

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Autores principales:	Lilis Yuaningsih, R. Adjeng Mariana Febrianti
Formato:	article
Lenguaje:	EN
Publicado:	EconJournals 2021
Materias:	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
Acceso en línea:	https://doaj.org/article/ec74f41a88304ea996c9cc695aac21a7
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spelling	oai:doaj.org-article:ec74f41a88304ea996c9cc695aac21a72021-11-12T07:27:31ZThe Nexus between Technological Advancement and CO2 Emissions in Malaysia2146-4553https://doaj.org/article/ec74f41a88304ea996c9cc695aac21a72021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11888https://doaj.org/toc/2146-4553<p>The key obstacles to attaining the prevailing goal of viable development are environmental degradation and climate change. Copious efforts have been made in this field, but still, the policy embraced and the empirical connection among the factors of carbon dioxide emissions are not evident. The connection between the variables of the analysis is subject to a theoretical and statistical inconsistency in the research. Through this research work, the association between carbon dioxide emissions and its determinants such as economic growth, energy use, financial development and technical progress is examined in Malaysia for the period from 1985 to 2019. The auto-regressive distributed lag method is employed to estimate long-run parameters. The results indicate that during the research period TI has an inverse but negligible impact on pollution in Malaysia. The analysis further shows that higher growth of economy increases long-term environmental efficiency and is consistent with the Kuznets environmental hypothesis. Also, the findings show that financial sector development would minimize emissions of carbon dioxide, thereby enhancing environmental quality in Malaysia. The short-term findings do not validate the EKC hypothesis. The Granger causality results reveal a two-way causality ranging from the growth of the economy to carbon dioxide emissions and TI to carbon dioxide emissions.</p><p><strong>Keywords:</strong> CO<sub>2 </sub>emissions, Technological Growth, GDP, Malaysia</p><p><strong>JEL Classifications:</strong> O3, Q3</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11888">https://doi.org/10.32479/ijeep.11888</a></p>Lilis YuaningsihR. Adjeng Mariana FebriantiEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 160-169 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
spellingShingle	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Lilis Yuaningsih R. Adjeng Mariana Febrianti The Nexus between Technological Advancement and CO2 Emissions in Malaysia
description	<p>The key obstacles to attaining the prevailing goal of viable development are environmental degradation and climate change. Copious efforts have been made in this field, but still, the policy embraced and the empirical connection among the factors of carbon dioxide emissions are not evident. The connection between the variables of the analysis is subject to a theoretical and statistical inconsistency in the research. Through this research work, the association between carbon dioxide emissions and its determinants such as economic growth, energy use, financial development and technical progress is examined in Malaysia for the period from 1985 to 2019. The auto-regressive distributed lag method is employed to estimate long-run parameters. The results indicate that during the research period TI has an inverse but negligible impact on pollution in Malaysia. The analysis further shows that higher growth of economy increases long-term environmental efficiency and is consistent with the Kuznets environmental hypothesis. Also, the findings show that financial sector development would minimize emissions of carbon dioxide, thereby enhancing environmental quality in Malaysia. The short-term findings do not validate the EKC hypothesis. The Granger causality results reveal a two-way causality ranging from the growth of the economy to carbon dioxide emissions and TI to carbon dioxide emissions.</p><p><strong>Keywords:</strong> CO<sub>2 </sub>emissions, Technological Growth, GDP, Malaysia</p><p><strong>JEL Classifications:</strong> O3, Q3</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11888">https://doi.org/10.32479/ijeep.11888</a></p>
format	article
author	Lilis Yuaningsih R. Adjeng Mariana Febrianti
author_facet	Lilis Yuaningsih R. Adjeng Mariana Febrianti
author_sort	Lilis Yuaningsih
title	The Nexus between Technological Advancement and CO2 Emissions in Malaysia
title_short	The Nexus between Technological Advancement and CO2 Emissions in Malaysia
title_full	The Nexus between Technological Advancement and CO2 Emissions in Malaysia
title_fullStr	The Nexus between Technological Advancement and CO2 Emissions in Malaysia
title_full_unstemmed	The Nexus between Technological Advancement and CO2 Emissions in Malaysia
title_sort	nexus between technological advancement and co2 emissions in malaysia
publisher	EconJournals
publishDate	2021
url	https://doaj.org/article/ec74f41a88304ea996c9cc695aac21a7
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The Nexus between Technological Advancement and CO2 Emissions in Malaysia

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