Investigating the Impact of Monetary Progress on Ecological Excellence in Malaysia: Employing Financial Maturity, and Biological Variation

Wang, Long, Guo, Jin, Ahmad, Muneeb and Khan, Yousaf Ali (2022) Investigating the Impact of Monetary Progress on Ecological Excellence in Malaysia: Employing Financial Maturity, and Biological Variation. Frontiers in Environmental Science, 10. p. 852379. ISSN 2296-665X

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Official URL: https://doi.org/10.3389/fenvs.2022.852379

Abstract

This study investigates the consequences of financial development on environmental quality in Malaysia by using monetary access, profundity, and effectiveness as support components from 1990 to 2019. The level of affiliation between the components explored by using appropriate autoregressive lag technique. The variables appeared to have a long-term relationship during the investigation. Monetary events, population expansion, financial development, and energy consumption contribute to environmental degradation in the short and long-run. In contrast, squared fiscal growth boosts green value in the short and long term. As a result, Malaysia hosts the Ecological Carbon Kuznets Bend (ECKC) with a negative and measurable blunder revision phrase that supports the existence of a level connection between these variables. That is, any prior year’s 21.8% imbalance is rectified within a year. Monetary events, financial development, squared monetary development, energy use, and population all impact carbon dioxide flows.

Item Type: Article
Additional Information: Funding information: The authors acknowledge the financial support from the Philosophy and Social Science Fund of Tianjin City, China (Project No. TJYJ20-012).
Uncontrolled Keywords: Environmental Science, Malaysian fiscal progress, CO2 emissions, financial escalation, ecological value, ecological carbon Kuznets bend
Subjects: F800 Physical and Terrestrial Geographical and Environmental Sciences
Department: Faculties > Business and Law > Newcastle Business School
Depositing User: Rachel Branson
Date Deposited: 10 Mar 2022 15:10
Last Modified: 10 Mar 2022 15:15
URI: http://nrl.northumbria.ac.uk/id/eprint/48654

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