Revisiting the Environmental Kuznets Curve in Malaysia: The role of globalization in sustainable environment

By Norazah Mohd Suki, Arshian Sharif, Sahar Afshan, Norbayah Mohd Suki. Journal of Cleaner Production, 2020

329 citations recorded by the source corpus.

Abstract The present study examines the presence of Environmental Kuznets Curve (EKC) in Malaysia by investigating impact of globalization (including overall, social, economic and political) on ecological footprint in the Malaysian economy using quarterly data from 1970 to 2018. This research utilizes the Quantile Autoregressive Distributed Lag (QARDL) method. This approach is useful as it depicts the causality patterns through various quantiles of the globalization and environmental degradation by providing more comprehensive explanations of the over-all dependence among the aforementioned variables almost ignored by the traditional approach (for instance ARDL and OLS). The outcomes of QARDL showed that the error correction coefficient is significant with the anticipated negative sign for all quantiles. This outcome provides evidence on the presence of considerable return to the long-run equilibrium association between the factors of interest and environmental degradation. Overall, the results recommended that overall globalization and economic globalization enhance the level of environmental degradation in the long run, however, political and social globalization help to reduce the level of environmental degradation in the long term. Moreover, the results of QARDL also confirmed the existence of inverted U-Shape curve in the Malaysian economy. In the shorter-run period, this study found a significant negative impact of overall globalization and political globalization on environmental degradation. The results recommended that the Malaysian government and policymakers need to give more attention to social and political globalization to achieve the goals of sustainable environment in the long-run equilibrium.

Subfields: Economics and Econometrics, Environmental Engineering

View Paper: https://www.semanticscholar.org/paper/4925b2ff42a9a92a578f75d9bf1a68ce52c5cdea

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Citations in the corpus

The role of information and communication technology in encountering environmental degradation: Proposing an SDG framework for the BRICS countries (2021, background): “5 similarity and presence of transactional spillover among the study contexts (Aziz et al., 2020a, b; Godil et al. 2020a, b; Razzaq et al., 2020; Sharif et al., 2020a, b; Suki et al., 2020).”