A review of climate economic models in Malaysia
climate change; economic conditions; environmental economics; environmental modeling; greenhouse gas; input-output analysis; modeling; spatiotemporal analysis; Malaysia
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MDPI AG
2023
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my.uniten.dspace-266042023-05-29T17:12:39Z A review of climate economic models in Malaysia Rao T. Mustapa S.I. 57221397247 36651549700 climate change; economic conditions; environmental economics; environmental modeling; greenhouse gas; input-output analysis; modeling; spatiotemporal analysis; Malaysia This paper presents a review of literature on the development of climate economy models in Malaysia from 1988 to 2020. The type of climate economic models used in Malaysia and their attributes were analyzed. The key attributes reviewed include functions, capability, the various approaches, types of Greenhouse gas (GHG) emissions, and various sectors included in the modelling. The review analysis revealed that climate economic modelling in Malaysia can be categorized into two groups namely Input-Output (I-O) table and Social Accounting Matrix (SAM) models as well as the Integrated Assessment Models (IAM). Both groups of climate economic models complement each other in functional capability to do top-down or bottom-up as well as short-term and longterm analysis. The key contribution of this review is in discovering three key gap clusters that exist in climate economic modelling in Malaysia. These gaps include the coverage on types of GHGs, disclosing the GHG sector�s coverage in the modelling, and the discovering of the exclusion of climate damage functions as well as the unavailability of customized functions to suit Malaysia�s climate and geography. These three key gaps need to be urgently addressed for effective policy interventions in Malaysia and to meet the global goals of the Paris Agreement. � 2020 by the authors. Licensee MDPI, Basel, Switzerland. Final 2023-05-29T09:12:39Z 2023-05-29T09:12:39Z 2021 Article 10.3390/su13010325 2-s2.0-85099059812 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85099059812&doi=10.3390%2fsu13010325&partnerID=40&md5=2502ec2db341ed7d12bc015a30bcb18a https://irepository.uniten.edu.my/handle/123456789/26604 13 1 325 1 20 All Open Access, Gold, Green MDPI AG Scopus |
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Universiti Tenaga Nasional |
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Malaysia |
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Universiti Tenaga Nasional |
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| description |
climate change; economic conditions; environmental economics; environmental modeling; greenhouse gas; input-output analysis; modeling; spatiotemporal analysis; Malaysia |
| author2 |
57221397247 |
| author_facet |
57221397247 Rao T. Mustapa S.I. |
| format |
Article |
| author |
Rao T. Mustapa S.I. |
| spellingShingle |
Rao T. Mustapa S.I. A review of climate economic models in Malaysia |
| author_sort |
Rao T. |
| title |
A review of climate economic models in Malaysia |
| title_short |
A review of climate economic models in Malaysia |
| title_full |
A review of climate economic models in Malaysia |
| title_fullStr |
A review of climate economic models in Malaysia |
| title_full_unstemmed |
A review of climate economic models in Malaysia |
| title_sort |
review of climate economic models in malaysia |
| publisher |
MDPI AG |
| publishDate |
2023 |
| _version_ |
1806426590869979136 |
| score |
13.214268 |