| Autor: |
Li J; School of Economics, Minzu University of China, Beijing 100081, China., Irfan M; Department of Economics, COMSATS University Islamabad (C.U.I.), Islamabad 44000, Pakistan., Samad S; Department of Business Administration, College of Business and Administration, Princess Nourah bint Abdulrahman University, Riyadh 11671, Saudi Arabia., Ali B; Department of Economics, COMSATS University Islamabad (C.U.I.), Islamabad 44000, Pakistan., Zhang Y; School of Management, Hebei Finance University, Baoding 071051, China., Badulescu D; Department of Economics and Business, Faculty of Economic Sciences, University of Oradea, 410087 Oradea, Romania., Badulescu A; Department of Economics and Business, Faculty of Economic Sciences, University of Oradea, 410087 Oradea, Romania. |
| Abstrakt: |
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 CO 2 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 CO 2 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. |
