Related Experiment Video
Updated: Mar 8, 2026
09:05
Measurements of CO2 Fluxes at Non-Ideal Eddy Covariance Sites
Published on: June 24, 2019
8.5K
Financial development and sectoral CO2 emissions in Malaysia
Ibrahim Kabiru Maji1,2, Muzafar Shah Habibullah3, Mohd Yusof Saari3
1Faculty of Economics and Management, Universiti Putra Malaysia, Serdang, Malaysia. keibimaji@gmail.com.
Environmental Science and Pollution Research International
|January 19, 2017
Summary
Financial development in Malaysia impacts carbon emissions differently across sectors. While increasing emissions in transportation and oil/gas, it reduces them in manufacturing and construction, ultimately lowering environmental quality.
Area of Science:
- Environmental Economics
- Sustainable Development
- Energy Policy
Background:
- Malaysia's economic development goals by 2020 emphasize financial sector growth.
- Understanding the environmental implications of financial development is crucial for sustainable growth.
- Carbon dioxide (CO2) emissions are a key indicator of environmental quality.
Purpose of the Study:
- To investigate the impact of financial development on sectoral carbon emissions in Malaysia.
- To analyze both long-run and short-run effects of financial development on CO2 emissions.
- To assess the net effect of financial development on Malaysia's overall environmental quality.
Main Methods:
- Utilized cointegration methods to analyze long-run relationships.
- Examined sectoral CO2 emissions data in relation to financial development.
- Performed short-run elasticity analysis for temporal dynamics.
Main Results:
- Financial development significantly increases CO2 emissions in the transportation and oil and gas sectors.
- Financial development reduces CO2 emissions in the manufacturing and construction sectors.
- The impact of financial development on agricultural CO2 emissions was not statistically significant.
Conclusions:
- Overall, financial development in Malaysia has led to an increase in carbon emissions.
- The financial sector's growth negatively affects Malaysia's environmental quality.
- Policy interventions may be needed to mitigate the environmental consequences of financial development.
Related Concept Videos
01:14The Carbon Cycle
45.3K
Carbon is the basis of all organic matter on Earth, and is recycled through the ecosystem in two primary processes: one in which carbon is exchanged among living organisms, and one in which carbon is cycled over long periods of time through fossilized organic remains, weathering of rocks, and volcanic activity. Human activities, including increased agricultural practices and the burning of fossil fuels, has greatly affected the balance of the natural carbon cycle.
45.3K
01:50Global Climate Change
29.3K
Throughout its ~4.5 billion year history, the Earth has experienced periods of warming and cooling. However, the current drastic increase in global temperatures is well outside of the Earth’s cyclic norms, and evidence for human-caused global climate change is compelling. Paleoclimatology, the study of ancient climate conditions, provides ample evidence for human-caused global climate change by comparing recent conditions with those in the past.
29.3K
01:43Sustainable Development
15.4K
As the human population continues to grow and use resources, we must be mindful of our planet’s natural limits. Sustainable development provides a pathway to maintain and improve human life now while also ensuring that future generations will have the resources that they need. The long-term success of sustainability efforts rests on understanding the interplay between human actions and ecological systems.
15.4K