Now showing 1 - 2 of 2
  • 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
    ;
    ;
    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
    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
    ;
    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.
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