Modeling natural gas consumption, capital formation, globalization, CO2 emissions and economic growth nexus in Malaysia: Fresh evidence from combined cointegration and causality analysis

dc.authoridhttps://orcid.org/0000-0001-7722-1029en_US
dc.authoridhttps://orcid.org/0000-0003-4948-6905en_US
dc.authoridhttps://orcid.org/0000-0001-5035-5983en_US
dc.contributor.authorEtokakpan, Mfonobong Udom
dc.contributor.authorSolarin, Sakiru Adebola
dc.contributor.authorYorucu, Vedat
dc.contributor.authorBekun, Festus Victor
dc.contributor.authorSarkodie, Samuel Asumadu
dc.date.accessioned2023-09-22T07:53:09Z
dc.date.available2023-09-22T07:53:09Z
dc.date.issued2020en_US
dc.departmentİktisadi İdari ve Sosyal Bilimler Fakültesien_US
dc.description.abstractThe discovery of natural gas in the 20th century has increased aggregate energy consumption while spurring economic development. However, very little attention has been given in the energy economics literature, especially in Malaysia. As such, this paper primarily revisited the natural gas — economic growth nexus hypothesis in the case of Malaysia. The study was conducted with data from 1980 to 2014 in a multivariate framework with the inclusion of capital formation, globalization, and CO2 emissions to avoid omitted variable bias. We investigated the stationarity properties with a method that accommodates a single structural break. Subsequently, the novel combined co-integration test in conjunction with several techniques were used to assess the magnitude of the long-run equilibrium relationship. The empirical findings trace the long-run equilibrium relationship among the variables over the sampled period. The Granger causality test analysis confirmed the growth-energy driven hypothesis in Malaysia. The findings call for the adoption of cleaner and environmentally friendly energy sources in the Malaysian energy mix. We highlight the need for pragmatic strides from both private and public energy sector stakeholders to prioritize clean and accessible energy in line with the Sustainable Development Goals.en_US
dc.identifier.doi10.1016/j.esr.2020.100526en_US
dc.identifier.endpage11en_US
dc.identifier.issn2211-467X
dc.identifier.issn2211-4688
dc.identifier.scopus2-s2.0-85088629318en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage1en_US
dc.identifier.urihttps://hdl.handle.net/11363/5622
dc.identifier.urihttps://doi.org/
dc.identifier.volume31en_US
dc.identifier.wosWOS:000572977900006en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorBekun, Festus Victor
dc.language.isoenen_US
dc.publisherELSEVIER, RADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDSen_US
dc.relation.ispartofEnergy Strategy Reviewsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectNatural gas consumptionen_US
dc.subjectGlobalization indexen_US
dc.subjectEconomic outputen_US
dc.subjectCombined cointegrationen_US
dc.subjectMalaysiaen_US
dc.titleModeling natural gas consumption, capital formation, globalization, CO2 emissions and economic growth nexus in Malaysia: Fresh evidence from combined cointegration and causality analysisen_US
dc.typeArticleen_US

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