A dynamic analysis of output, energy consumption, and CO2 emissions in Malaysia
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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.
CO2 emissions , Causality , Energy-macroeconomy relations , Impulse-responses , Malaysia
Ibrahim, M. H. & Habibullah, M. S. (2016). A dynamic analysis of output, energy consumption, and CO2 emissions in Malaysia. Energy Sources, Part B: Economics, Planning, and Policy, 11 (5), pp. 450-457.
Taylor & Francis