Shahbaz, Muhammad; Solarin, Sakiru Adebola; Mahmood, Haider - In: Economic Modelling 35 (2013) C, pp. 145-152
This study deals with the question whether financial development reduces CO2 emissions or not in case of Malaysia. For this purpose, we apply the bounds testing approach to cointegration between the variables. We establish the presence of significant long-run relationships between CO2 emissions,...