Modeling CO2 emissions in Malaysia: an application of Maki cointegration and wavelet coherence tests
Date
2021
Authors
Lingyun Zhang
Zecheng Li
Dervis Kirikkaleli
Tomiwa Sunday Adebayo
Ibrahim Adeshola
Gbenga Daniel Akinsola
Journal Title
Journal ISSN
Volume Title
Publisher
Springer
Abstract
One of humanity’s most significant problems in the twenty-first century revolves around how to balance the mitigation of environmental pollution while achieving sustainable economic development. Despite increased awareness and dedication to climate change, the planet is still seeing a drastic decrease in the volume of pollutant emissions. This study explores the long-run and causal impact of economic growth, financial development, urbanization, and gross capital formation on Malaysia’s CO2 emissions based on the STIRPAT framework.
Description
Keywords
CO2 emissions, Economic growth, Urbanization, Financial development, Wavelet coherence, Maki cointegration
Citation
Zhang, L., Li, Z., Kirikkaleli, D., Adebayo, T. S., Adeshola, I., & Akinsola, G. D. (2021). Modeling CO2 emissions in Malaysia: an application of Maki cointegration and wavelet coherence tests. Environmental Science and Pollution Research, 28(20), 26030-26044.