Mohd Shahidan Shaari
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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

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  • Publication
    Green technology, exports, and COâ‚‚ emissions in Malaysia
    (Elsevier, 2023)
    Temitayo B. Majekodunmi
    ;
    Mohd Shahidan Shaari
    ;
    Abdul Rahim Ridzuan
    ;
    Noorazeela Zainol Abidin
    The pressing global effort to tackle COâ‚‚ emissions has brought about a strong emphasis on adopting green technology by economies striving for low-carbon development. Within this context, this research investigates the environmental significance of green technology and exports in Malaysia. By examining 30-year data from 1989 to 2019 and utilising the autoregressive distributed lag model (ARDL), this study explores these variables' long-run and short-run effects on Malaysia's environment. The outcomes reveal noteworthy insights: population growth and green technology negatively impact environmental degradation, whereas exports and economic expansion contribute to environmental depletion over the long term. However, the influences of a higher population and exports are inconsequential in the short term. Additionally, the study captures the influences of transient economic challenges, such as the COVID-19 outbreak. Consequently, the study emphasises crucial policy implications for the Malaysian government. Firstly, it strongly recommends increasing investment in sustainable technology, especially within the manufacturing sector, to mitigate the adverse environmental impact of exports. Furthermore, it suggests incentivizing companies to embrace green technology through subsidies for acquiring renewable energy and imposing higher taxes on non-renewable energy sources. Additionally, policymakers are urged to prioritise human capital development by raising public awareness about the dangers of heightened COâ‚‚ emissions. Malaysia can leverage its expertise to foster economic expansion without compromising the environment by engaging the working population in environmentally sustainable economic activities. These policy recommendations aim to expedite the shift towards a decarbonised economy, promote sustainable development, and safeguard Malaysia's natural resources.
  • Publication
    The environmental influence of national savings in D-8 countries: empirical evidence using an ARDL model
    (Springer, 2023)
    Temitayo Blessing Majekodunmi
    ;
    Mohd Shahidan Shaari
    ;
    Noorazeela Zainol Abidin
    ;
    Miguel Angel Esquivias
    Extensive theoretical and empirical evidence supports the crucial role of savings in driving a nation’s economic growth and development. However, previous studies have not considered their potential environmental implications. This study aims to explore the influence of savings and remittances on the Developing-8 countries (D-8) from 1989 to 2019, using the panel autoregressive distributed (ARDL) model. The findings reveal that national savings and remittances, in the long run, help mitigate environmental degradation in the D-8 countries but energy use and population growth stimulate carbon dioxide (CO2) emissions. In contrast, economic growth does not significantly affect these countries’ environmental quality in the long run. However, none of the explanatory variables have any significant relationship with CO2 emissions in the short run. Therefore, policymakers in the D-8 countries are strongly encouraged to prioritize the enhancement of national savings across the three economic agents to maximize the positive effects of savings on environmental quality. Government savings can be increased by reducing deficits and borrowings, while corporate savings can be encouraged by implementing investment tax credits and promoting research and development. Additionally, governments can embark on public enlightenment campaigns on financial education and provide incentives to encourage household savings.
  • Publication
    Gas consumption as a key for low carbon state and its impact on economic growth in Malaysia: ARDL approach
    (EconJournals, 2023)
    Temitayo B. Majekodunmi
    ;
    Mohd Shahidan Shaari
    ;
    Nor Fadzilah Zainal
    ;
    Nor Hidayah Harun
    ;
    Abdul Rahim Ridzuan
    ;
    Noorazeela Zainol Abidin
    ;
    Nur Hayati Abd Rahman
    Natural gas consumption contributes the least to CO2 emissions than other non-renewable energy such as oil and coal. Thus, it is important to replace oil in generating economic activities and leading the country towards low carbon state. Despite the environmentally friendly energy, most previous studies did not study gas consumption. Therefore, this study investigates the effects of gas consumption and other selected macroeconomic determinants such as labour, capital, foreign direct investment, trade openness, and financial development on Malaysia's economic growth from 1980 to 2019. The Augmented Distributed Lag (ARDL) approach is employed, and the results show that gas consumption plays a vital role in boosting economic growth in the short and long run. Based on these findings, all economic sectors should consume more natural gas instead of oil, including industries and transportation. This move can conserve the environment and support clean energy for sustainable development. The remaining variables also increased economic growth except for financial development. Based on these outcomes, the country's policymakers can construct a suitable policy that can improve all the potential macroeconomic determinants besides the use of natural gas consumption in accelerating growth in Malaysia.
  • Publication
    The effects of energy consumption and national output on COâ‚‚ emissions: new evidence from OIC countries using a panel ARDL analysis
    (MDPI, 2020)
    Mohd Shahidan Shaari
    ;
    Zulkefly Abdul Karim
    ;
    Noorazeela Zainol Abidin
    The issue of energy has been debated among policymakers and economists. Energy plays an important role in generating economic activities. On the other hand, it can have deleterious impacts on the environment as more carbon dioxide (CO₂) emissions will be released. Most previous studies focused on total energy rather than types of energy such as oil and gas in investigating the effects of energy consumption on CO₂ emissions. Therefore, this study investigates the effects of oil and gas consumption rather than total energy consumption on CO₂ emissions in 20 Organization of Islamic Cooperation (OIC) countries. The dynamic heterogeneous panel (panel autoregressive distributed lag model – panel ARDL) approach namely pooled mean group (PMG), mean group (MG), and dynamic fixed effect (DFE) were employed. The main results reveal that in the long run, overall national output contributes to higher environmental degradation. However, in the short run, overall national output does not affect CO₂ emissions. The results also suggest that the population can reduce CO₂ emissions in the short run but leaves no effect in the long run. Besides, gas consumption and oil consumption can have deleterious effects on the environment. The effect of oil consumption is greater than the effect of gas consumption on the environment. Therefore, it is important to consume more renewable energy such as solar, biodiesel, and hydro to replace non-renewable energy, particularly oil, in a bid to conserve the environment.