scholarly journals The Role of Renewable Energy, Public Health Expenditure, Logistics and Environmental Performance in Economic Growth: An Evidence from Structural Equation Modelling

Author(s):  
Syed Abdul Rehman Khan

We do this research to investigate the relationship between renewable energy, public health expenditure, logistics performance indices, and economic and environmental sustainability in the ASEAN member states, through the analysis of a panel data from 2007 to 2017. The study used secondary data, which is downloaded from the World Bank Website and employs SEM (Structural Equation Modelling) model for testing hypothesis. The results show that the usage of renewable energy in logistical operations would enhance the environmental and economic performance in terms of mitigating carbon emissions and greenhouse gas emissions. While, public health expenditure and environmental performance is negatively correlated, which confirms that greater environmental sustainability with lower carbon emissions and greenhouse gases will improve human health and economic growth. Moreover, greater public health expenditure and poor environmental performance has negative effect on economic growth, inefficiency and low productivity of labor slowdown to the economic activities. For another side, the usage of renewable energy and the adoption of green practices in international logistics will develop the environmental sustainability, establish better image of a country and attract foreign direct investment inflows, and also minimize carbon emissions and public health expenditure, spurring sustainable economic growth with better export opportunities in pro-environmental countries.

2021 ◽  
Vol 9 ◽  
Author(s):  
Kai He ◽  
Muhammad Ramzan ◽  
Abraham Ayobamiji Awosusi ◽  
Zahoor Ahmed ◽  
Mahmood Ahmad ◽  
...  

The association between economic complexity (sophisticated economic structure) and carbon emissions has major implications for environmental sustainability. In addition, globalization can be an important tool for attaining environmental sustainability and it may also moderate the association between economic complexity and carbon emissions. Thus, this research examines the effects of economic complexity, economic growth, renewable energy, and globalization on CO2 emissions in the top 10 energy transition economies where renewable energy and globalization have greatly increased over the last 3 decades. Furthermore, this study also evaluates the joint effect of globalization and economic complexity on carbon emissions. Keeping in view the presence of slope heterogeneity and cross-sectional dependence in the data, this research utilized second-generation unit root tests (CIPS and CADF), Westerlund cointegration approach, and CS-ARDL and CCEMG long-run estimators over the period of 1990–2018. The results affirmed the presence of cointegration among the considered variable. Long-run findings revealed that globalization, renewable energy, and economic complexity decrease carbon emissions. Conversely, economic growth increases carbon emissions. Moreover, the joint impact of economic complexity and globalization stimulates environmental sustainability. Based on these findings, the government of these groups of economies should continue to expand the usage of renewable energy. They should also promote interaction with the rest of the world by adopting the policy of opening up.


2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Mohammad Mafizur Rahman ◽  
Khosrul Alam

Abstract Background The importance of the status of female health should have research priority due to the unique medical needs of women. Hence this paper attempts to explore the nexus of access to electricity, female education, and public health expenditure with female health outcomes in the SAARC-ASEAN countries. Methods Using the data of 2002–2018, and applying the cross-sectional dependence test, Modified Wald test, Wooldridge test, the Panel corrected standard error (PCSE) model, the Feasible generalized least square (FGLS) model, and the pair-wise Granger causality test, the robust outcomes on female health are found. Results Access to electricity, female education rate, public health expenditure, economic growth, and immunization rate, all have a positive effect on female life expectancy at birth, and a negative effect on the female adult mortality rate. The urbanization rate has a significantly positive impact on female life expectancy at birth but an insignificant impact on female adult mortality rate. The one-way causal relationship between the variables are also revealed. Conclusions All the results are rational and have important milestone for the health sector. The health status of females should be improved and protected by formulating effective policies on access to electricity, female education, public health expenditure, immunization, economic growth, and urbanization.


2021 ◽  
Author(s):  
Taner Güney ◽  
Duygu Ince

Abstract Although research establishes that the impact of renewable energy on environmental sustainability is critical in the era of globalization, the individual impact of renewable energy on the environment is often ignored. Therefore, this article examines the long-term relationships and direction of these relationships between solar energy consumption, coal energy consumption, financial globalization, economic growth, and environmental pollution for the period from 2000 to 2019 for 26 countries. The study used a range of econometric techniques that account for the cross-sectional dependence and slope homogeneity observed in the panel. The results of the common correlated effects mean group (CCEMG) estimator showed that solar energy consumption has a negative and significant effect on the level of carbon emissions. In addition, economic growth and coal energy increase carbon emissions. Finally, the results of the panel causality test confirmed the existence of various causal relationships among the variables.


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