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© The Author(s) 2024. This work is published under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

In Malaysia’s rapid economic growth and industrialization, environmental degradation and carbon emissions pose significant challenges. As urbanization continues to rise, there is a growing recognition of the imperative to tackle CO2 emissions. Trade openness and globalization drive economic activity but also heighten environmental pressures, including CO2 emissions from transportation and industry. Information communication technology (ICT) usage, shaped by infrastructure and regulations, can either improve energy efficiency or increase energy consumption. The study examines the impacts of economic growth (EG), trade openness (TON), technological innovation (TIN), and ICT on CO2 emissions in Malaysia, using both symmetric and asymmetric methods from 1985 to 2021. While many studies have explored environmental degradation, focusing on CO2 emissions and ecological footprint indicators, only a limited number have delved into the combined impact of sustainable EG, TON, ICT, and TIN on Malaysia’s CO2 emissions. Notably, these studies have often neglected the utilization of both symmetric and asymmetric methodologies. Hence, this study employed auto-regressive distributed lag (ARDL) and non-linear ARDL approaches to investigate the dynamic effects of the studied variables. The key findings from the symmetric analysis demonstrate that EG, TON, and ICT together take part in the increase of CO2 emissions in both the short and long run. Particularly, technological innovation plays a significant role in reducing CO2 emissions in the short term through the adoption of cleaner technologies. However, the results of the NARDL bound test reveal asymmetric long-term consequences of technological innovation, economic growth, and ICT on CO2 emissions. The study underscores the need for CO2 reduction policies in Malaysia, advocating for measures, such as incentivizing cleaner technologies and upgrading energy infrastructure. It also recommends implementing carbon pricing mechanisms for production and trade, alongside awareness campaigns to foster behavioral changes aimed at reducing emissions.

Details

Title
Navigating the nexus: unraveling technological innovation, economic growth, trade openness, ICT, and CO2 emissions through symmetric and asymmetric analysis
Author
Junsheng, Ha 1 ; Mu, Yuning 2 ; Masud, Muhammad Mehedi 3 ; Akhtar, Rulia 4 ; Saif, Abu Naser Mohammad 5   VIAFID ORCID Logo  ; Islam, K. M. Anwarul 6 ; Hafiz, Nusrat 7 

 Xi’an University of Posts and Telecommunications, School of Economics and Management, Xi’an, China (GRID:grid.464492.9) (ISNI:0000 0001 0158 6320); Universiti Sains Malaysia, Centre for Policy Research and International Studies (CenPris), Penang, Malaysia (GRID:grid.11875.3a) (ISNI:0000 0001 2294 3534) 
 Hohai University, School of Public Administration, Nanjing, China (GRID:grid.257065.3) (ISNI:0000 0004 1760 3465) 
 Universiti Malaya, Department of Politics, Administrative and Development Studies, Faculty of Business and Economics, Kuala Lumpur, Malaysia (GRID:grid.10347.31) (ISNI:0000 0001 2308 5949) 
 Universiti Malaya, Ungku Aziz Centre for Development Studies, Office of Deputy Vice Chancellor (Research & Innovation), Kuala Lumpur, Malaysia (GRID:grid.10347.31) (ISNI:0000 0001 2308 5949) 
 Universiti Putra Malaysia, School of Business and Economics, Serdang, Malaysia (GRID:grid.11142.37) (ISNI:0000 0001 2231 800X); University of Dhaka, Department of Management Information Systems, Faculty of Business Studies, Dhaka, Bangladesh (GRID:grid.8198.8) (ISNI:0000 0001 1498 6059) 
 The Millennium University, Department of Businesses Administration, Dhaka, Bangladesh (GRID:grid.443036.6) (ISNI:0000 0004 4683 6938) 
 BRAC University, BRAC Business School, Dhaka, Bangladesh (GRID:grid.52681.38) (ISNI:0000 0001 0746 8691) 
Pages
634
Publication year
2024
Publication date
Dec 2024
Publisher
Palgrave Macmillan
e-ISSN
2662-9992
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
3056072748
Copyright
© The Author(s) 2024. This work is published under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.