Mohd Shahidan Shaari
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Preferred name
Mohd Shahidan Shaari
Official Name
Mohd Shahidan , Shaari
Alternative Name
Shaari, Mohd Shahidan
Shaari, M. S.
Main Affiliation
Scopus Author ID
55561564200
Researcher ID
I-3397-2012

Research Output
Now showing 1 - 3 of 3
  • Publication
    An environmental assessment of the impacts of corruption, foreign investment inflow and trade liberalization in the rapidly emerging Malaysian Economy
    (Springer Nature, 2023)
    Bright Akwasi Gyamfi
    ;
    Stephen Taiwo Onifade
    ;
    Abdul Rahim Ridzuan
    ;
    Mohd Shahidan Shaari
    ;
    Pabitra Kumar Jena
    In the wake of various catastrophic consequences of climate change, Malaysia, a rapidly developing economy, is also inevitably experiencing environmental degradation that merits prompt and serious attention from policymakers and its government. Hence, this study simultaneously highlights the short and long-run dynamic connections between carbon emission in Malaysia and the trio of corruption levels, foreign investment inflow, and trade liberalization. The study also controls for a combination of other factors including energy use, GDP, and urbanization. A robust empirical analysis was conducted on time series observations for the country based on the recent Dynamic ARDL simulation. It was observed that Malaysia's per capita pollution levels significantly reduces based on the corruption perception levels during the sampling period while the economic expansion’s effect on emission levels is positive. Additionally, urbanization, trade levels and energy use all aggravate the emission levels. On the other hand, although FDI poses an insignificant environmental damage in the short run, its environmental sustainability enhancement roles were supported by its long-run negative impacts on carbon emission. Lastly, the EKC was established and as such, essential policy directions were provided for stakeholders in the rapidly emerging Malaysian economy.
  • Publication
    Determinants of foreign direct investment in ASEAN+3 countries: the role of environmental degradation
    (MDPI, 2023)
    Mohd Shahidan Shaari
    ;
    Muhamad Huzaifah Asbullah
    ;
    Noorazeela Zainol Abidin
    ;
    Zulkefly Abdul Karim
    ;
    Benjamin Nangle
    Foreign direct investment (FDI) can boost economic growth and provide job opportunities. FDI inflows in ASEAN+3 countries have dropped markedly, which may affect economic development in the region. Many previous studies have investigated a multitude of factors that can influence FDI, such as market size, inflation, trade openness, corruption, and inflation. Previous studies did not, however, consider environmental degradation as a potential factor. Besides corruption and inflation, imposing stringent environmental regulations, such as carbon pricing and taxes to reduce environmental degradation, might deter foreign investors from the country. This is due to heightened costs for foreign investors, which may cause FDI inflows to drop. To shed some light on the reality of this situation, this study examines whether environmental degradation can significantly affect foreign direct investment in the region. This study includes environmental degradation as a potential factor and employs the panel ARDL approach to analyse data from 1995 to 2019. Results show that environmental degradation, infrastructure, and corruption can affect the inflow of FDI in the long run. In the short run, inflation can affect FDI. The findings of this study can be utilized by policymakers in formulating the right policies to attract more investors. An increase in infrastructure facilities should be considered to attract more foreign investment. It is also vital for governments to reduce corruption and inflation to attract more FDI inflows. Environmental incentives should also be introduced to ensure that attempts to reduce environmental degradation do not affect FDI inflows.
      1  8
  • Publication
    The detrimental effects of dirty energy, foreign investment, and corruption on environmental quality: new evidence from Indonesia
    (Frontiers, 2023)
    Amin Pujiati
    ;
    Heri Yanto
    ;
    Bestari Dwi Handayani
    ;
    Abdul Rahim Ridzuan
    ;
    Halimahton Borhan
    ;
    Mohd Shahidan Shaari
    The alarming trend of CO2 emissions in Indonesia merits a reinvestigation into the determinants in a bid to conserve the environment. In the literature, in Indonesia, three potential determinants, namely, energy, foreign direct investment, and corruption, have been identified to harm the environment. However, their effects are still undetermined. Thus, this study aims to examine the relationships between corruption (COR), energy use (ENY), foreign direct investment (FDI), and CO2 emissions in Indonesia. The autoregressive distributed lag (ARDL) approach was used to analyse data for 36 years, from 1984 to 2020. The results reveal that corruption contributes to greater environmental degradation in the short run, while foreign direct investment does not. However, in the long run, corruption and energy use can positively affect environmental degradation, but foreign direct investment can reduce environmental degradation in Indonesia. This study also found two other factors, namely, economic growth and urbanisation, which can affect the environment with mixed findings. These findings are indispensable for policy formulation in Indonesia as Indonesia is a rapidly developing country that depends on good environmental quality to ensure future growth and sustainable development.
      1  5