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Dynamic Impact of Energy Consumption, Private Investment and Financial Development on Environmental Pollutions: Evidence from Malaysia

Author

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  • Sallahuddin Hassan

    (Department of World Economics, International University of Management, Windhoek, Namibia)

Abstract

This study is aimed at exploring the impact of energy consumption, private investment, financial development and economic growth on carbon dioxide (CO2) emissions in Malaysia employing the autoregressive distributed lags model for the period 1976-2013. The result reveals the presence of long run association connecting the variables and established that private investment and energy consumption impact positively on CO2 emissions in Malaysia. For that reason, the study recommends the implementation of clean technology by private investors is essential in managing CO2 emissions in Malaysia.

Suggested Citation

  • Sallahuddin Hassan, 2018. "Dynamic Impact of Energy Consumption, Private Investment and Financial Development on Environmental Pollutions: Evidence from Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 63-69.
    • Handle: RePEc:eco:journ2:2018-04-8
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    Cited by:

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    2. Sohail Farooq & Shabana Parveen & Habib Elahi Sahibzada, 2019. "Impact of Industrialization, Urbanization and Energy Consumption on Environmental Degradation: Evidence from India," Global Economics Review, Humanity Only, vol. 4(2), pages 1-12, June.

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    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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