Economic development, pollutant emissions and energy consumption in Malaysia

Ang, James B.

doi:10.1016/j.jpolmod.2007.04.010

Cited by 683 publications

(339 citation statements)

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“…Their results show a significant relationship between electricity consumption, economic growth, and technological innovation, which is in line with the applicability of endogenous growth theory to the energy sector. Fei et al economic growth and energy pollution (Akbostanci et al, 2009;Jalil and Mahmud, 2009;Narayan and Narayan, 2010;Jaunky 2011), while others focus on the relationship between economic growth, energy use, and environmental degradation (Soytas et al, 2007;Ang 2007Ang , 2008; Apergis and Payne, 2009;Sadorsky, 2009;Apergis et al, 2010;Hatzigeorgiou et al, 2011;Hamit-Haggar, 2012;Ozcan, 2013). Numerous studies also indicate that energy use is the main contributor to carbon emissions (Shahbaz et al, 2013a, b, c, d;Al-Mulali et al, 2015;Dogan and Turkekul, 2016).…”

Section: Literature Reviewmentioning

confidence: 99%

How economic growth, renewable electricity and natural resources contribute to CO2 emissions?

et al. 2018

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This study explores the relationship between economic growth and CO2 emissions in the so-called European Union 5 (EU-5) countries (Germany, France, Italy, Spain, and the United Kingdom) for the 1985-2016 period. In doing so, we employ a carbon emission function to investigate the environmental Kuznets curve phenomenon, which describes a relationship between economic growth and environmental degradation. The empirical results confirm the existence of an N-shaped relationship between economic growth and CO2 emissions in the EU-5 countries. We incorporate additional variables such as renewable electricity consumption, trade openness, natural resource abundance, and energy innovation to augment the carbon emission function. Renewable electricity consumption, natural resources, and energy innovation improve environmental quality, while trade openness and the interaction between economic growth and renewable electricity consumption exert a positive impact on CO2 emissions. This study is novel in that it presents an interaction between economic growth and renewable electricity consumption. We also confirm the need for renewable energy regulations related to increasing renewable sources and promoting energy innovation to reduce the negative effects of energy and fossil energy resources on environmental degradation.

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Section: Literature Reviewmentioning

confidence: 99%

How economic growth, renewable electricity and natural resources contribute to CO2 emissions?

et al. 2018

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“…Other studies have been conducted on a panel of countries, including India, such as Tamazian et al (2009), Sadorsky (2010 and Talukdar and Meisner (2001). However, as argued in Boutabba (2014), any potential inference drawn from these cross-country studies is widely recognized to provide only a general understanding of the linkage between the variables; thus, detailed policy implications for each country cannot be drawn from such studies (Ang 2008, Lindmark 2002, Stern et al 1996. As shown in Section 2, many studies have been conducted to investigate the relationship between economic growth and energy consumption in India.…”

Section: Datamentioning

confidence: 99%

Energy consumption, financial development and economic growth in India: New evidence from a nonlinear and asymmetric analysis

et al. 2017

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This paper investigates the asymmetric relationship between energy consumption and economic growth by incorporating financial development, capital and labour into a production function covering the Indian economy from 1960Q 1 -2015Q 4 . The nonlinear autoregressive distributed lag bounds testing approach is applied to examine the asymmetric cointegration between the variables. An asymmetric causality test is also employed to examine the causal association between the considered variables. The results indicate cointegration between the variables in the presence of asymmetries. The asymmetric causality results show that only negative shocks in energy consumption have impacts on economic growth. In the same vein, only negative shocks in financial development have impacts on economic growth. By contrast, symmetrically, capital formation causes economic growth. Finally, over the study period, a neutral effect exists between the labour force and economic growth in India. The implications of these results for growth policies in India are also discussed.Keywords: Financial Development, Energy, Growth, India, Asymmetries JEL classification: O13 Acknowledgements: We would like to thank the editor, Professor Richard Tol (University of Sussex, Brighton, UK), as well as the three anonymous reviewers, for their valuable comments and suggestions that helped us improve our paper significantly. We also thank the participants at the 7 th International Research Meeting in Business and Management (IPAG, Nice, France, 11-12 July 2016). We are also grateful to Jawad Kazmi for his technical assistance. The authors' are responsible for any remaining errors or shortcomings. IntroductionThis study uses quarterly data to investigate the relationship between energy consumption and economic growth in India over the 1960-2015 period. Financial development (measured by domestic credit to the private sector), 1 capital formation and labour force 2 are also included in the Cobb-Douglas production function. This study's main contribution to the existing literature on the energy-growth nexus concerns its examination of the potential asymmetric relationship between the variables. Taking this asymmetry into account is important because a positive or negative variation on one variable does not have the same impact on the other variable. The existence of an asymmetric relationship between two variables can be caused by numerous factors, one of which concerns the complexity of economic systems and the mechanisms that generate the variables under study. This complexity may induce various channels through which one variable affects another. In our case, the relationship between energy consumption and economic growth has been found to be very complex because previous studies have shown four possible impact channels: the growth, conservative, feedback and neutrality hypotheses. 3 On the one hand, the relationship between energy consumption and financial development can also be very complex because numerous impact channels can exist between them...

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“…For instance, Soytas et al (2007) examined the dynamic relationship between energy consumption, CO 2 emissions, and economic growth for the US and found that CO 2 emissions Granger cause income growth and energy consumption, leading to rising CO 2 emissions. Similarly, Ang (2007Ang ( , 2008 also studied causal linkages between the series for France and Malaysia. The findings indicated that economic growth Granger causes energy consumption and CO 2 emissions in France and Malaysia; moreover, unidirectional causality running from economic growth to energy consumption is found for both countries.…”

Section: Studies On the Nexus Between Energy Consumption Co 2 Emissimentioning

confidence: 99%

Time-varying analysis of CO2 emissions, energy consumption, and economic growth nexus: Statistical experience in next 11 countries

et al. 2016

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This paper detects the direction of causality among carbon dioxide (CO 2 ) emissions, energy consumption, and economic growth in Next 11 countries for the period 1972-2013. Changes in economic, energy, and environmental policies as well as regulatory and technological advancement over time, cause changes in the relationship among the variables. We use a novel approach i.e. time-varying Granger causality and find that economic growth is the cause of CO 2 emissions in Bangladesh and Egypt. Economic growth causes energy consumption in the Philippines, Turkey, and Vietnam but the feedback effect exists between energy consumption and economic growth in South Korea. In the cases of Indonesia and Turkey, we find the unidirectional time-varying Granger causality running from economic growth to CO 2 emissions thus validates the existence of the Environmental Kuznets Curve hypothesis, which indicates that economic growth is achievable at the minimal cost of environment. The paper gives new insights for policy makers to attain sustainable economic growth while maintaining long-run environmental quality.

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Economic development, pollutant emissions and energy consumption in Malaysia

Cited by 683 publications

References 19 publications

How economic growth, renewable electricity and natural resources contribute to CO2 emissions?

How economic growth, renewable electricity and natural resources contribute to CO2 emissions?

Energy consumption, financial development and economic growth in India: New evidence from a nonlinear and asymmetric analysis

Time-varying analysis of CO2 emissions, energy consumption, and economic growth nexus: Statistical experience in next 11 countries

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