A dynamic analysis of output, energy consumption, and CO2 emissions in Malaysia
Present paper analyzes the interrelations between output, energy consumption, and carbon emissions in light of Malaysia’s development experience from a commodity-based economy to an industrial-based economy by means of a vector autoregression (VAR) framework. The results suggest substantial interact...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis
2016
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| Online Access: | http://psasir.upm.edu.my/id/eprint/54839/1/A%20dynamic%20analysis%20of%20output%2C%20energy%20consumption%2C%20and%20CO2%20emissions%20in%20Malaysia.pdf http://psasir.upm.edu.my/id/eprint/54839/ |
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| Summary: | Present paper analyzes the interrelations between output, energy consumption, and carbon emissions in light of Malaysia’s development experience from a commodity-based economy to an industrial-based economy by means of a vector autoregression (VAR) framework. The results suggest substantial interactions among the three variables. Moreover, manufacturing output tends to exert persistent influences on carbon emissions, energy consumption, and non-manufacturing output. Meanwhile, the significant causal relations from non-manufacturing output to energy variables are found for first few years. These results are robust to the inclusion of additional variables – namely, trade openness, investment, and population – in the system. |
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