The health and wellness of people through life expectancy, mortality rate improvement, and sustaining the productivity of labor contributes a lot to national income. Infrastructure development consumes energy and releases carbon dioxide at different stages of the construction process. The current study explores the nexus between CO2 emission, energy consumption, mortality, life expectancy, and GDP in the top five carbon-emitting countries by using time series data from 1975 to 2015. The study used a cointegration technique to find the long- and short-run relationships between study variables. The study also used a structural break test to identify the break time. The results of the correlation matrix show strong positive correlation between CO2 emissions and energy consumption. It also reflects a weak correlation with mortality and life expectancy in Japan and Russia. The results of the ADF test indicated that the series are stationary at first difference and provided evidence to use Johansen cointegration test for long- and short-run relationships between independent series. Vector error correction term and ECT method are used to find long-run relationships between cointegrated series and adjustment parameters. For the structural breaks of health indicators and energy consumption study, we used the Gregory Hanson structural break. Mortality rate and life expectancy rate of China, U.S., Russia, India, and Japan show relevant policy changes with economic policies of each country.
19 January 2022 in International Journal of Energy Economics and Policy
The purpose of this study is to investigate the impact of air pollutants including carbon dioxide emissions (CO2), Nitrogen oxides (NOx) and nitrous oxide (NO2) over the period 1975 to 2020 on ecological footprint, Forest area and cropland. The study used GDP and trade openness as control variable in establishing the long run and short relationship between air pollutants and ecological footprint and its sub-components. The study used Johannsson co-integration and error correction model co-integrating relationship and elasticities. The study found that there exist at least three cointegrating equations for ecological footprint and forest area while four cointegrating equation for cropland. The results shows that model CO2, NO2 and TOP reduces the pressure on EF in long run while NOx and GDP damage the EF by utilizing more natural resources during production of goods and services. However, CO2 concentration increases as forest area increases while NOx damage the cropland. The ECM shows that speed of adjustment is 90% for forest area and 50% and 40% for EF and cropland respectively. Carbon overdose is mainly caused by fossil fuel burning and forest destruction, which continuously accumulates as a result of industrialization. The study found that pollutants, such as CO2, NO2 and NOx also potential to damage ecosystems and only clean air is a desirable policy option for green economy.
12 April 2023 in Pertanika Journal of Social Sciences and Humanities