Environmental Kuznets Curve and financial development in Turkey: evidence from augmented ARDL approach

Author(s):  
Hasim Akca
2021 ◽  
Vol 13 (22) ◽  
pp. 12507
Author(s):  
Farrah Dina Abd Razak ◽  
Norlin Khalid ◽  
Mohd Helmi Ali

This paper aims to discover the asymmetry impacts and co-integration between gross domestic product, financial development, energy use and environmental degradation by featuring institutional quality covering the Malaysia economy during the period from 1984 until 2017 using a nonlinear auto-regressive distributed lag model. The results confirm the existence of the Environmental Kuznets Curve hypothesis for both linear and nonlinear analyses, thus verifying the relevance of symmetric and asymmetric EKC hypotheses for Malaysia. Further, this study verifies the attributes of financial development and institutional quality that mitigates the concern on CO2 emissions, but contradicting results were produced on energy use. The implication of this finding provides new guidelines for Malaysia authorities to consider the asymmetries in formulating environment-related policies to maintain environmental quality and achieve their sustainable development goals.


2019 ◽  
Vol 26 (19) ◽  
pp. 19305-19319 ◽  
Author(s):  
Shujah-ur-Rahman ◽  
Songsheng Chen ◽  
Nyla Saleem ◽  
Muhammad Waseem Bari

2017 ◽  
Vol 41 (2) ◽  
pp. 119-127 ◽  
Author(s):  
Manuel A. Zambrano-Monserrate ◽  
Mario Andres Fernandez

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