Linear and Threshold Effect of CO2 Emissions, Economic Development, Clean Fuel and Technology on Health Expenditure in Central Asia

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F24%3A43908365" target="_blank" >RIV/60076658:12510/24:43908365 - isvavai.cz</a>

Výsledek na webu

<a href="http://10.32479/ijeep.15934" target="_blank" >http://10.32479/ijeep.15934</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.32479/ijeep.15934" target="_blank" >10.32479/ijeep.15934</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Linear and Threshold Effect of CO2 Emissions, Economic Development, Clean Fuel and Technology on Health Expenditure in Central Asia

Popis výsledku v původním jazyce

The investigation is a pioneer in examining the joint impact of CO2 emissions, economic development, access to clean fuel and technology, and threshold effect on health expenditure in Central Asia. For this purpose, the balanced panel dataset is built for 5 Central Asian countries, namely Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan, spanning 2000-2020 with annual data. The results of the Johansen cointegration test and error correction coefficients of vector error correction model and autoregressive distributed lag (ARDL) show a long-run association among the studied variables. Granger causality test shows the causal effect from independent variables to dependent variables, further validating model construction’s relevance. According to the ARDL model findings, CO2 emissions, economic development, access to clean fuel, and technology positively impact health expenditure. Threshold regression results reveal that the economic development stage (PGDP) should be between 2326.36 and 2345.87 USD to increase health expenditure that can rationally respond to environmental degradation. Policy actions like renewable energy transition and enhancing economic development levels are proposed.

Název v anglickém jazyce

Linear and Threshold Effect of CO2 Emissions, Economic Development, Clean Fuel and Technology on Health Expenditure in Central Asia

Popis výsledku anglicky

The investigation is a pioneer in examining the joint impact of CO2 emissions, economic development, access to clean fuel and technology, and threshold effect on health expenditure in Central Asia. For this purpose, the balanced panel dataset is built for 5 Central Asian countries, namely Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan, spanning 2000-2020 with annual data. The results of the Johansen cointegration test and error correction coefficients of vector error correction model and autoregressive distributed lag (ARDL) show a long-run association among the studied variables. Granger causality test shows the causal effect from independent variables to dependent variables, further validating model construction’s relevance. According to the ARDL model findings, CO2 emissions, economic development, access to clean fuel, and technology positively impact health expenditure. Threshold regression results reveal that the economic development stage (PGDP) should be between 2326.36 and 2345.87 USD to increase health expenditure that can rationally respond to environmental degradation. Policy actions like renewable energy transition and enhancing economic development levels are proposed.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

International Journal of Energy Economics and Policy

ISSN

2146-4553

e-ISSN

2146-4553

Svazek periodika

14

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

TR - Turecká republika

Počet stran výsledku

9

Strana od-do

"116 "- 124

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85199589443