Relationship between health spending, life expectancy and renewable energy in China: A new evidence from the VECM approach

There has been a growing trend in health spending and renewable energy consumption in China over the past few decades, which has positive implications for health outcomes, such as life expectancy. Therefore, the main objective of this study is to empirically analyze the impact of health expenditures...

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Main Authors: Hui Liu, Kaiyang Zhong
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-10-01
Series:Frontiers in Public Health
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpubh.2022.993546/full
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author Hui Liu
Kaiyang Zhong
Kaiyang Zhong
author_facet Hui Liu
Kaiyang Zhong
Kaiyang Zhong
author_sort Hui Liu
collection DOAJ
description There has been a growing trend in health spending and renewable energy consumption in China over the past few decades, which has positive implications for health outcomes, such as life expectancy. Therefore, the main objective of this study is to empirically analyze the impact of health expenditures and renewable energy on life expectancy in China. We used the time series data from 2000Q1 to 2020Q4 and applied the VECM approach for the data analysis. The results of this study suggest a long run association between health spending, life expectancy and renewable energy. The increase in health spending improves life expectancy, while renewable energy consumption also positively affects life expectancy in China. Therefore, the government should allocate sufficient funding to the health sector in order to attain higher life expectancy in the country. In addition, the government should also provide incentives for the consumption and production of renewable energy, which could help to achieve the sustainable development goal and life expectancy.
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spelling doaj.art-50a0aa37d6074b04832c2f3759f240b92022-12-22T04:37:07ZengFrontiers Media S.A.Frontiers in Public Health2296-25652022-10-011010.3389/fpubh.2022.993546993546Relationship between health spending, life expectancy and renewable energy in China: A new evidence from the VECM approachHui Liu0Kaiyang Zhong1Kaiyang Zhong2School of Finance and Taxation, Shandong University of Finance and Economics, Jinan, ChinaSchool of Economics and Management, Binzhou University, Binzhou, ChinaSchool of Economic Information Engineering, Southwestern University of Finance and Economics, Chengdu, ChinaThere has been a growing trend in health spending and renewable energy consumption in China over the past few decades, which has positive implications for health outcomes, such as life expectancy. Therefore, the main objective of this study is to empirically analyze the impact of health expenditures and renewable energy on life expectancy in China. We used the time series data from 2000Q1 to 2020Q4 and applied the VECM approach for the data analysis. The results of this study suggest a long run association between health spending, life expectancy and renewable energy. The increase in health spending improves life expectancy, while renewable energy consumption also positively affects life expectancy in China. Therefore, the government should allocate sufficient funding to the health sector in order to attain higher life expectancy in the country. In addition, the government should also provide incentives for the consumption and production of renewable energy, which could help to achieve the sustainable development goal and life expectancy.https://www.frontiersin.org/articles/10.3389/fpubh.2022.993546/fullhealth spendingChinaVECM approachlife expectancyrenewable energy
spellingShingle Hui Liu
Kaiyang Zhong
Kaiyang Zhong
Relationship between health spending, life expectancy and renewable energy in China: A new evidence from the VECM approach
Frontiers in Public Health
health spending
China
VECM approach
life expectancy
renewable energy
title Relationship between health spending, life expectancy and renewable energy in China: A new evidence from the VECM approach
title_full Relationship between health spending, life expectancy and renewable energy in China: A new evidence from the VECM approach
title_fullStr Relationship between health spending, life expectancy and renewable energy in China: A new evidence from the VECM approach
title_full_unstemmed Relationship between health spending, life expectancy and renewable energy in China: A new evidence from the VECM approach
title_short Relationship between health spending, life expectancy and renewable energy in China: A new evidence from the VECM approach
title_sort relationship between health spending life expectancy and renewable energy in china a new evidence from the vecm approach
topic health spending
China
VECM approach
life expectancy
renewable energy
url https://www.frontiersin.org/articles/10.3389/fpubh.2022.993546/full
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AT kaiyangzhong relationshipbetweenhealthspendinglifeexpectancyandrenewableenergyinchinaanewevidencefromthevecmapproach
AT kaiyangzhong relationshipbetweenhealthspendinglifeexpectancyandrenewableenergyinchinaanewevidencefromthevecmapproach