Impact of urbanization growth on Malaysia CO2 emissions: Evidence from the dynamic relationship

Disasters; Elasticity; Energy utilization; Investments; Statistical tests; Urban growth; ARDL; Domestic investments; Ecological modernizations; Financial development; Granger Causality; Malaysia; Urban sustainable development; Urbanization; Carbon dioxide

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Main Authors: Bekhet H.A., Othman N.S.
Other Authors: 37100908800
Format: Article
Published: Elsevier Ltd 2023
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Institution: Universiti Tenaga Nasional
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spelling my.uniten.dspace-231902023-05-29T14:38:18Z Impact of urbanization growth on Malaysia CO2 emissions: Evidence from the dynamic relationship Bekhet H.A. Othman N.S. 37100908800 57194072376 Disasters; Elasticity; Energy utilization; Investments; Statistical tests; Urban growth; ARDL; Domestic investments; Ecological modernizations; Financial development; Granger Causality; Malaysia; Urban sustainable development; Urbanization; Carbon dioxide Urbanization is a phenomenon of economic and social modernization. Investigating the link between urbanization growth and CO2 emissions is necessary and helpful for Malaysia to achieve its pollution reduction targets. Ecological modernization and augmented Cobb�Douglas production theories are used in order to gain the best understanding of interaction between CO2 emissions and urbanization for the 1971�2015 period. This study aims to examine the relationships among CO2 emissions, urbanization growth, energy consumption, GDP, domestic investment, and financial development. The F-bounds test and VECM Granger causality are utilized. The dynamic relationship among variables and the inverted U-shaped relationship between CO2 emissions and urbanization in the long run are examined. The elasticity of CO2 � urbanization is found positive elastic in the early stage of urbanization, but it turns to negative inelastic at the higher urbanization stage. Furthermore, the unidirectional causality from urbanization to CO2 emissions in the short run are at a 1 percent level of significance, and the bidirectional causality between CO2 emissions and urbanization is at a 5 percent level of significance in the long run. Also, we captured bidirectional causality among energy consumption, domestic investment, GDP, CO2 emissions, and unidirectional causality from financial development to CO2 emissions at least at a 5 percent level of significance. These findings could support policymakers in managing urbanization development and considering clean investment and other green aspects for urban sustainable development, which can save many people from natural disaster. � 2017 Elsevier Ltd Final 2023-05-29T06:38:18Z 2023-05-29T06:38:18Z 2017 Article 10.1016/j.jclepro.2017.03.174 2-s2.0-85018530852 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85018530852&doi=10.1016%2fj.jclepro.2017.03.174&partnerID=40&md5=569366269ceb255a8521931c0a932fcf https://irepository.uniten.edu.my/handle/123456789/23190 154 374 388 All Open Access, Bronze Elsevier Ltd Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description Disasters; Elasticity; Energy utilization; Investments; Statistical tests; Urban growth; ARDL; Domestic investments; Ecological modernizations; Financial development; Granger Causality; Malaysia; Urban sustainable development; Urbanization; Carbon dioxide
author2 37100908800
author_facet 37100908800
Bekhet H.A.
Othman N.S.
format Article
author Bekhet H.A.
Othman N.S.
spellingShingle Bekhet H.A.
Othman N.S.
Impact of urbanization growth on Malaysia CO2 emissions: Evidence from the dynamic relationship
author_sort Bekhet H.A.
title Impact of urbanization growth on Malaysia CO2 emissions: Evidence from the dynamic relationship
title_short Impact of urbanization growth on Malaysia CO2 emissions: Evidence from the dynamic relationship
title_full Impact of urbanization growth on Malaysia CO2 emissions: Evidence from the dynamic relationship
title_fullStr Impact of urbanization growth on Malaysia CO2 emissions: Evidence from the dynamic relationship
title_full_unstemmed Impact of urbanization growth on Malaysia CO2 emissions: Evidence from the dynamic relationship
title_sort impact of urbanization growth on malaysia co2 emissions: evidence from the dynamic relationship
publisher Elsevier Ltd
publishDate 2023
_version_ 1806426395307409408