The Dynamic Linkage between Technological Innovationand carbon dioxide emissions in Malaysia: An AutoregressiveDistributed Lagged Bound Approach

Wajahat Ali; Azrai Abdullah; Muhammad Azam

Article Details

The Dynamic Linkage between Technological Innovationand carbon dioxide emissions in Malaysia: An AutoregressiveDistributed Lagged Bound Approach

Authors:

Wajahat Ali | Azrai Abdullah | Muhammad Azam

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2016 Vol.6 Issue 3, pp.389-400

Document Type:

Article

Publication Date:

8/2016

Document Language:

Turkish

Document ID (Org No.):

2000816246

Frequency:

Bimonthly

eISSN:

2146-4553

Abstract:

 

Environmental degradation and climate change are the main challenges encountered to achieve the predominant objective of sustainable development.
 There has been voluminous work done in this area, but the policies adopted and the empirical relationship between the determinants of carbon dioxide
 (CO2
 ) emissions are not clear to handle the problem. There exists a theoretical and empirical contradiction in the literature on the relationship between
 the variables under the study. Thus, the current study investigates the relationship between CO2
  emissions and its determinants namely economic
 growth, energy consumption, financial development, and technological innovations (TIs) for Malaysia between 1985 and 2012. To achieve the objective
 of long-run relationship the autoregressive distributed lagged model is used for parameter estimation. The empirical results reveal that TI is having
 a negative but insignificant relationship with environmental pollution in Malaysia during the period under study. The study also indicates that higher
 economic growth improves the environmental quality in the long-run and is in line with the environmental Kuznets curve (EKC) hypothesis. In a
 similar vein, the results indicate that financial sector development will lessen the CO2
  emissions, thus, improving the quality of the environment in
 Malaysia. The short-run results reveal no evidence of the validation EKC hypothesis. Furthermore, the study applied Granger causality approach for
 causal relationship and found bidirectional causality running between economic growth and CO2 emissions and between TI and CO2 emissions in the
 long-run. The study also found that the impact of energy consumption in the short-run is environmentally friendly. Moreover, the results indicate a
 short-run bidirectional causality running between energy consumption and economic growth and also between economic growth and TI.

Article Details

The Dynamic Linkage between Technological Innovationand carbon dioxide emissions in Malaysia: An AutoregressiveDistributed Lagged Bound Approach

Authors: Wajahat Ali | Azrai Abdullah | Muhammad Azam

Publisher: İlhan ÖZTÜRK

Journal: International Journal of Energy Economics and Policy 2016 Vol.6 Issue 3, pp.389-400

Document Type: Article

Publication Date: 8/2016

Document Language: Turkish

Document ID (Org No.): 2000816246

Frequency: Bimonthly

eISSN: 2146-4553

Issues

Authors:

Wajahat Ali | Azrai Abdullah | Muhammad Azam

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2016 Vol.6 Issue 3, pp.389-400

Document Type:

Article

Publication Date:

8/2016

Document Language:

Turkish

Document ID (Org No.):

2000816246

Frequency:

Bimonthly

eISSN:

2146-4553