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 Görüntüleme 56
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Gas Consumption As A Key For Low Carbon State and Its Impact On Economic Growth In Malaysia: Ardl Approach
2023
Dergi:  
International Journal of Energy Economics and Policy
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Abstract Natural gas consumption contributes the least to CO2 emissions than other non-renewable energy such as oil and coal. Thus, it is important to replace oil in generating economic activities and leading the country towards low carbon state. Despite the environmentally friendly energy, most previous studies did not study gas consumption. Therefore, this study investigates the effects of gas consumption and other selected macroeconomic determinants such as labour, capital, foreign direct investment, trade openness, and financial development on Malaysia's economic growth from 1980 to 2019. The Augmented Distributed Lag (ARDL) approach is employed, and the results show that gas consumption plays a vital role in boosting economic growth in the short and long run. Based on these findings, all economic sectors should consume more natural gas instead of oil, including industries and transportation. This move can conserve the environment and support clean energy for sustainable development. The remaining variables also increased economic growth except for financial development. Based on these outcomes, the country's policymakers can construct a suitable policy that can improve all the potential macroeconomic determinants besides the use of natural gas consumption in accelerating growth in Malaysia. Downloads Download data is not yet available. Author Biography Abdul Rahim Ridzuan, Faculty of Business and Management, Universiti Teknologi MARA, Melaka Campus, Malaysia; & Institute for Big Data Analytics and Artificial Intelligence, Universiti Teknologi MARA, Shah Alam Campus, Malaysia; & Centre for Economic Development and Policy, Universiti Malaysia Sabah, Malaysia; & Institute for Research on Socio Economic Policy, Universiti Teknologi MARA, Malaysia; & Accounting Research Institute, Universiti Teknologi MARA, Shah Alam Campus, Malaysia. Index Publication Coordinator & Head of Scholar and Research Unit, Universiti Teknologi MARA (UiTM) Downloads FULL TEXT Published 2023-05-17 How to Cite Majekodunmi, T. B., Shaari, M. S., Zainal, N. F., Harun, N. H., Ridzuan, A. R., Abidin, N. Z., & Rahman, N. H. A. (2023). Gas Consumption as a Key for Low Carbon State and its Impact on Economic Growth in Malaysia: ARDL Approach. International Journal of Energy Economics and Policy, 13(3), 469–477. https://doi.org/10.32479/ijeep.14134 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 3 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Mohd Shahidan Shaari, Noorazeela Zainol Abidin, Zulkefly Abdul Karim, The Impact of Renewable Energy Consumption and Economic Growth on CO2 Emissions: New Evidence using Panel ARDL Study of Selected Countries , International Journal of Energy Economics and Policy: Vol. 10 No. 6 (2020) Abdul Rahim Ridzuan, Shahsuzan Zakaria, Bayu Arie Fianto, Nora Yusma Mohamed Yusoff, Nor Fatimah Che Sulaiman, Mohamad Idham Md Razak, Siswantini Siswantini, Arsiyanti Lestari, Nexus between Financial Development and Income Inequality before Pandemic Covid-19: Does Financial Kuznets Curve Exist in Malaysia, Indonesia, Thailand and Philippines? , International Journal of Energy Economics and Policy: Vol. 11 No. 2 (2021) Mohd Shahidan Shaari, Noorazeela Zainol Abidin, Abdul Rahim Ridzuan, Muhammad Saeed Meo, The Impacts of Rural Population Growth, Energy use and Economic Growth on CO2 Emissions , International Journal of Energy Economics and Policy: Vol. 11 No. 5 (2021) Abdul Rahim Ridzuan, Aliashim Albani, Abdul Rais Abdul Latiff, Mohamad Idham Md Razak, Mohd Haziq Murshidi, The Impact of Energy Consumption based on Fossil Fuel and Hydroelectricity Generation towards Pollution in Malaysia, Indonesia and Thailand , International Journal of Energy Economics and Policy: Vol. 10 No. 1 (2020) Abdul Rahim Ridzuan, Mohd Shahidan Shaari, Anita Rosli, Abdul Rahim Md Jamil, Siswantini Siswantini, Arsiyanti Lestari, Shahsuzan Zakaria, The Nexus between Economic Growth and Natural Resource Abundance in Selected ASEAN countries before Pandemic Covid-19 , International Journal of Energy Economics and Policy: Vol. 11 No. 2 (2021) Ernie Hendrawaty, Mohd Shahidan Shaari, Fajrin Satria Dwi Kesumah, Abdul Rahim Ridzuan, Economic Growth, Financial Development, Energy Consumption and Life Expectancy: Fresh Evidence from ASEAN countries , International Journal of Energy Economics and Policy: Vol. 12 No. 2 (2022) Mohd Shahidan Shaari, Diana Nabila Chau Abdullah, Nur Salimah Alias, Nor Syamimi Mohamed Adnan, Positive and Negative Effects of Research and Development , International Journal of Energy Economics and Policy: Vol. 6 No. 4 (2016) Vikniswari Vija Kumaran, Abdul Rahim Ridzuan, Farman Ullah Khan, Hussin Abdullah, Zam Zuriyati Mohamad, An Empirical Analysis of Factors Affecting Renewable Energy Consumption in Association of Southeast Asian Nations-4 Countries , International Journal of Energy Economics and Policy: Vol. 10 No. 2 (2020) Abdul Rahim Ridzuan, Bayu Arie Fianto, Miguel Angel Esquivias, Vikniswari Vija Kumaran, Mohd Shahidan Shaari, Aliashim Albani, Do Financial Development and Trade Liberalization Influence Environmental Quality in Indonesia? Evidence-based on ARDL Model , International Journal of Energy Economics and Policy: Vol. 12 No. 5 (2022) Abdul Rahim Ridzuan, Vikniswari Vija Kumaran, Bayu Arie Fianto, Mohd Shahidan Shaari, Miguel Angel Esquivias, Aliashim Albani, Reinvestigating the Presence of Environmental Kuznets Curve in Malaysia: The Role of Foreign Direct Investment , International Journal of Energy Economics and Policy: Vol. 12 No. 5 (2022) 1  2  >  >>  Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

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International Journal of Energy Economics and Policy