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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Format: | Article |
Language: | English |
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Frontiers Media S.A.
2022-10-01
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Series: | Frontiers in Public Health |
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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. |
first_indexed | 2024-04-11T07:24:13Z |
format | Article |
id | doaj.art-50a0aa37d6074b04832c2f3759f240b9 |
institution | Directory Open Access Journal |
issn | 2296-2565 |
language | English |
last_indexed | 2024-04-11T07:24:13Z |
publishDate | 2022-10-01 |
publisher | Frontiers Media S.A. |
record_format | Article |
series | Frontiers in Public Health |
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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