Version 1
: Received: 21 April 2024 / Approved: 22 April 2024 / Online: 23 April 2024 (11:24:20 CEST)
How to cite:
Afroz, R.; Alofaysan, H.; Sarabdeen, M.; Muhibbullah, M.; Muhammed, Y.B. Analyzing the Influence of Energy Consumption, Economic Complexity on Carbon Emissions: Evidence from Malaysia. Preprints2024, 2024041499. https://doi.org/10.20944/preprints202404.1499.v1
Afroz, R.; Alofaysan, H.; Sarabdeen, M.; Muhibbullah, M.; Muhammed, Y.B. Analyzing the Influence of Energy Consumption, Economic Complexity on Carbon Emissions: Evidence from Malaysia. Preprints 2024, 2024041499. https://doi.org/10.20944/preprints202404.1499.v1
Afroz, R.; Alofaysan, H.; Sarabdeen, M.; Muhibbullah, M.; Muhammed, Y.B. Analyzing the Influence of Energy Consumption, Economic Complexity on Carbon Emissions: Evidence from Malaysia. Preprints2024, 2024041499. https://doi.org/10.20944/preprints202404.1499.v1
APA Style
Afroz, R., Alofaysan, H., Sarabdeen, M., Muhibbullah, M., & Muhammed, Y.B. (2024). Analyzing the Influence of Energy Consumption, Economic Complexity on Carbon Emissions: Evidence from Malaysia. Preprints. https://doi.org/10.20944/preprints202404.1499.v1
Chicago/Turabian Style
Afroz, R., MD Muhibbullah and Yahuza Baba Muhammed. 2024 "Analyzing the Influence of Energy Consumption, Economic Complexity on Carbon Emissions: Evidence from Malaysia" Preprints. https://doi.org/10.20944/preprints202404.1499.v1
Abstract
As a result of increased energy consumption, global trade has surged, and serious environmental problems have arisen. The problem is made more complicated by the fact that either environmental damage or economic advancement cannot be compromised. The elements contributing to environmental contamination must be identified and dealt with accordingly if we are to have a healthier future. In this study, what causes CO₂ emissions in Malaysia are examined using the Autoregressive distributed lag (ARDL) model using time series data from 1995 to 2020. The paper also examines the impact of energy use and economic complexity on CO2 emissions. Firstly, it is noted that the Environmental Kuznets Curve (EKC) theory holds in Malaysia. Furthermore, energy consumption has a detrimental impact on reducing CO2 emissions. Furthermore, it has been noted that a greater degree of economic complexity leads to an elevated amount of CO2 emissions over an extended period. The findings suggest significant environmental policy implications for reducing CO2 emissions in Malaysia.
Keywords
Economic Complexity, Energy Consumption, Carbon Emissions, Environmental Kuznets Curve
Subject
Business, Economics and Management, Economics
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
