Carbon dioxide emission, institutional quality, and economic growth: Empirical evidence in Malaysia
Carbon dioxide emission, institutional quality, and economic growth: Empirical evidence in Malaysia
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DOI：
10.1016/j.renene.2014.02.013
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发表时间：
2014-08
期刊：
影响因子：
8.7
通讯作者：
Lin-Sea Lau;C. Choong;Yoke‐Kee Eng
中科院分区：
文献类型：
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作者：
Lin-Sea Lau;C. Choong;Yoke‐Kee Eng
鉴于马来西亚作为一个快速增长的经济体和二氧化碳排放加速的现状，更好地了解经济增长和污染之间的关系对于政策制定者至关重要。因此，本文试图研究二氧化碳排放，制度质量，出口和经济增长之间的长期关系的存在，并进一步研究这些变量之间的因果关系在马来西亚1984-2008年期间。从边界测试，它被发现，一个长期运行的关系确实存在的变量之间，即使使用不同的条件信息集。二氧化碳排放与制度质量指标（法律与秩序）之间存在显著的正向交互作用，表明良好的制度质量对经济发展过程中控制二氧化碳排放具有重要意义。格兰杰因果关系检验的结果进一步证实了制度框架在减少二氧化碳排放方面的重要性，因为制度质量不仅直接影响经济增长，而且通过二氧化碳排放间接影响经济增长。这表明，健全的体制框架对于马来西亚在不牺牲环境的情况下实现高经济增长至关重要。
In view of Malaysia's status as a fast-growing economy with accelerating carbon dioxide emissions, a better understanding of the relationship between economic growth and pollution is vital to the policy makers. This paper, therefore, attempts to investigate the existence of long run relationship among carbon dioxide emission, institutional quality, exports, and economic growth and further examines the causal relationship among these variables in Malaysia for the period 1984–2008. From the bounds test, it is found that a long run relationship does exist among the variables, even using different conditioning information sets. A positive and significant interaction term between carbon dioxide emission and institutional quality indicator (i.e. law and order) implies that good institutional quality is important in controlling carbon dioxide emission in the process of economic development. The results for Granger causality tests further confirm the importance of institutional frameworks in reducing carbon dioxide emissions since institutional quality is found not only affects economic growth directly, but also indirectly via carbon dioxide emissions. This indicates that sound institutional frameworks are essential for Malaysia to achieve high economic growth without sacrificing its environment.