Racing towards environmental sustainability
A synergy between economic complexity, political stability, and energy transition: policy insight from a bootstrap time varying causality approach
Bibliographic Data
| ID | 19500596 |
|---|---|
| Authors | Xuan Qing Sun (Xinxiang Vocational and Technical College), Abraham Ayobamiji Awosusi (0000-0002-3533-9181, Operational Research Center in Healthcare, Near East University, Nicosia, Turkey, corresponding author), Zhixuan Han (0000-0002-6183-8793, Guangxi Normal University), Berna Uzun (0000-0002-6828-2185, Operational Research Center in Healthcare, Near East University, Nicosia, Turkey), Erdem Öncü (0000-0002-3506-5803, Banking and Insurance, KYC School of Applied Sciences, Trakya University, Edirne, Turkey) |
| Year | 2024 |
| Volume | 31 |
| Issue | 2 |
| Pages | 206-221 |
| Publication date | 2024-02-17 |
| Open Access | No |
| Type | ARTICLE |
| Venue | International Journal of Sustainable Development & World Ecology (JOURNAL) |
| Journal identifiers | ISSN: 1350-4509 • E-ISSN: 1745-2627 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13504509.2023.2268573 |
| OpenAlex | W4387702409 |
| Language | EN |
| Citations received | 5 |
| References cited | 46 |
Malaysia’s commitment to ecological quality is evident in its agendas for achieving a sustainable environment by 2030. However, hindrances like challenges towards energy transition efforts, stable political institutions, unclean economic globalization practices, and transiting to a complex economy could potentially delay the nation’s attainment of its environmental goals. Against this backdrop, the current study focuses on examining the roles of political risk, economic globalization, energy transition, and economic complexity on ecological sustainability in Malaysia. In contrast to previous studies, this study innovatively incorporates a dummy variable to account for potential structural breaks that may occur during the study period. Furthermore, this study used an innovative environmental proxy which incorporates both the demand and supply aspect of the environment during computation. Using the time series data from 1984 to 2018 and employed the ARDL estimator method, the empirical results indicate that economic globalization is associated with ecological deterioration in Malaysia in the long run. On the other hand, economic complexity, political stability, and energy transition are shown to promote ecological sustainability in Malaysia in the long run. Moreover, the bootstrap time varying causality method demonstrates that each of the regressors has the capacity to predict the load capacity factor during distinct sub-periods
Economic globalization · Economic system · Economics · Environmental economics · Globalization · Market economy · Political science · Politics · Sustainability · Sustainable development · Computer Science · Economic and Technological Innovation · Energy, Environment, Economic Growth · Environmental Impact and Sustainability · Ecology
Spillover effects of economic complexity on load capacity factor in the EU
Governance, Innovation, and Complexity
Pathway towards decarbonization
Do renewable energy, economic globalization, and financial development foster green growth in France? Evidence from a wavelet-quantile approach
Analyzing the environmental role of resource efficiency, economic globalization, and biomass usage in Malaysia
Economic growth and energy consumption causal nexus viewed through a bootstrap rolling window
The impact of economic complexity on carbon emissions
Role of country risks and renewable energy consumption on environmental quality
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Linking economic globalization, economic growth, financial development, and ecological footprint
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| Citations per year | 2.5 |
|---|---|
| Citation span | 2024 - 2026 (3) |
| Highly cited | No |