Green technology, exports, and CO2 emissions in Malaysia. Green technology, exports, and CO2 emissions in Malaysia. pp. 1-14. (2023)
Abstract
The pressing global effort to tackle CO2 emissions has brought about a strong emphasis on adopting green technology by economies striving for low-carbon development. Within this context, this research investigates the environmental significance of green technology and exports in Malaysia. By examining 30-year data from 1989 to 2019 and utilising the autoregressive distributed lag model (ARDL), this study explores these variables' long-run and short-run effects on Malaysia's environment. The outcomes reveal noteworthy insights: population growth and green technology negatively impact environmental degradation, whereas exports and economic expansion contribute to environmental depletion over the long term. However, the influences of a higher population and exports are inconsequential in the short term. Additionally, the study captures the influences of transient economic challenges, such as the COVID-19 outbreak. Consequently, the study emphasises crucial policy implications for the Malaysian government. Firstly, it strongly recommends increasing investment in sustainable technology, especially within the manufacturing sector, to mitigate the adverse environmental impact of exports.
Item Type: | Article |
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Keywords: | Green Technology |
Taxonomy: | By Niche > Green Technology > Economic Aspects |
Local Content Hub: | Niche > Green Technology |
Depositing User: | Nur Aqilah Russli |
Date Deposited: | 31 Mar 2024 17:07 |
Last Modified: | 31 Mar 2024 17:07 |
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