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http://dx.doi.org/10.13106/jafeb.2021.vol8.no2.0801

The Relationships between CO2 Emissions, Economic Growth and Life Expectancy  

MURTHY, Uma (Faculty of Business, Social Sciences and Hospitality Management, SEGi University)
SHAARI, Mohd Shahidan (Faculty of Applied and Human Sciences, Universiti Malaysia Perlis)
MARIADAS, Paul Anthony (Faculty of Business, Social Sciences and Hospitality Management, SEGi University)
ABIDIN, Noorazeela Zainol (Faculty of Applied and Human Sciences, Universiti Malaysia Perlis)
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.2, 2021 , pp. 801-808 More about this Journal
Abstract
The issue of the relationship between environmental degradation and human health has been widely addressed by medical doctors. However, economists have sparsely debated it. The release of carbon dioxide (CO2) into the air can cause several environmental problems and, thus, it can affect human health. Therefore, it is imperative to examine the effect of CO2 emissions on life expectancy in the D-8 countries (Malaysia, Indonesia, Bangladesh, Nigeria, Egypt, Iran, Pakistan, and Turkey) from 1992 to 2017. The panel ARDL method is employed and, then, the PMG estimator is selected. The results show that economic growth, population growth and health expenditure can significantly and positively affect life expectancy, but CO2 emissions can have a significant and negative effect on life expectancy. Since, the major findings reveal that life expectancy can be explained by CO2 emissions. Hence, it is important to formulate policies on reducing CO2 emissions so that life expectancy will not be affected. Energy diversification policies should be formulated or improved in some countries. This is to ensure that the countries are not highly dependent on non-renewable energy that can harm the environment. The government should increase its expenditure on the health sector to save more lives by extend human lifespan.
Keywords
Life Expectancy; $CO_2$ Emissions; Economic Growth;
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