The Impact of Economic Indicators, Industrialization and Pollutant Emissions (CO2) on Economic Development in Malaysia

Authors

  • Saliza Sulaiman Faculty Business and Management, Universiti Teknologi MARA, Shah Alam, Selangor
  • Zuraidah Ismail Faculty Business and Management, Universiti Teknologi MARA, Shah Alam, Selangor
  • Zahariah Sahudin Faculty Business and Management, Universiti Teknologi MARA, Shah Alam, Selangor
  • Hazirah Azhar Faculty Business and Management, Universiti Teknologi MARA, Shah Alam, Selangor

DOI:

https://doi.org/10.24191/jibe.v3iSI.14420

Keywords:

Economic Development, Government Debt, Health Expenditure, Education Expenditure, Industry Growth Rate, CO2 Emission, Malaysia

Abstract

The main purpose of this research is to identify whether there is any relationship between economic indicators, industrialization and pollutant emissions (CO2) on economic development in Malaysia. Economic indicators consist of government debt, health and education expenditure. This paper used Ordinary Least Square (OLS) Method to test the factors affecting the economic development. The data collection for each variable are collected from year 1980 until 2014 for 35 years in Malaysia. The result of the study shows that industrialization and pollutant emission (CO2) have a significant relationship on economic development. Meanwhile, government debt, health and education expenditure do not have a significant relationship on economic development. These finding will help to understand the effect of independent variables towards the dependent variable (economic development).

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Published

28-12-2018

How to Cite

Sulaiman, S., Ismail, Z., Sahudin, Z., & Azhar, H. (2018). The Impact of Economic Indicators, Industrialization and Pollutant Emissions (CO2) on Economic Development in Malaysia. Journal of International Business, Economics and Entrepreneurship, 3(SI), 14. https://doi.org/10.24191/jibe.v3iSI.14420

Issue

Vol. 3 No. SI (2018): December Special Issue

Section

Articles

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