Xuan Qing Sun, Abraham Ayobamiji Awosusi, Zhixuan Han, Berna Uzun, Erdem Öncü
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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.KEYWORDS: Malaysiaeconomic complexitypolitical stabilitybootstrap time varying causalityenergy transition Disclosure statementWe can assert that there are no conflicts of interest concerning this research.Ethical ApprovalThe ethical standards and practices required were been observed in this research.Authors ContributionAll the authors contributed equally to the final manuscript.Availability of dataThe corresponding author can provide you with the data upon request.Additional informationFundingNo specific funding was granted for this study","PeriodicalId":50287,"journal":{"name":"International Journal of Sustainable Development and World Ecology","volume":null,"pages":null},"PeriodicalIF":6.5000,"publicationDate":"2023-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Racing towards environmental sustainability: a synergy between economic complexity, political stability, and energy transition: policy insight from a bootstrap time varying causality approach\",\"authors\":\"Xuan Qing Sun, Abraham Ayobamiji Awosusi, Zhixuan Han, Berna Uzun, Erdem Öncü\",\"doi\":\"10.1080/13504509.2023.2268573\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"ABSTRACTMalaysia’s commitment to ecological quality is evident in its agendas for achieving a sustainable environment by 2030. 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Racing towards environmental sustainability: a synergy between economic complexity, political stability, and energy transition: policy insight from a bootstrap time varying causality approach
ABSTRACTMalaysia’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.KEYWORDS: Malaysiaeconomic complexitypolitical stabilitybootstrap time varying causalityenergy transition Disclosure statementWe can assert that there are no conflicts of interest concerning this research.Ethical ApprovalThe ethical standards and practices required were been observed in this research.Authors ContributionAll the authors contributed equally to the final manuscript.Availability of dataThe corresponding author can provide you with the data upon request.Additional informationFundingNo specific funding was granted for this study
期刊介绍:
The International Journal of Sustainable Development and World Ecology is now over fifteen years old and has proved to be an exciting forum for understanding and advancing our knowledge and implementation of sustainable development.
Sustainable development is now of primary importance as the key to future use and management of finite world resources. It recognises the need for development opportunities while maintaining a balance between these and the environment. As stated by the UN Bruntland Commission in 1987, sustainable development should "meet the needs of the present generation without compromising the ability of future generations to meet their own needs."