The impact of financial development, health expenditure, CO2 emissions, institutional quality, and energy Mix on life expectancy in Eastern Europe: CS-ARDL and quantile regression Approaches

Nica, Elvira; Poliakova, Adela; Popescu, Gheorghe H.; Valaskova, Katarina; Burcea, Stefan Gabriel; Constantin, Andreea-Ligia Drugau

doi:10.1016/j.heliyon.2023.e21084

Cited by 13 publications

(4 citation statements)

References 72 publications

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“…Co-integration analysis was conducted because it is inappropriate to estimate the elasticities of the predictors if the investigated series does not possess a co-integration association. Hence, the Westerlund and Edgerton (2007) test was engaged to examine the co-integration characteristics of the variables in line with the study by Nica et al (2023). This test was engaged because it is robust to CD and heterogeneity in panel units.…”

Section: Analytical Proceduresmentioning

confidence: 99%

Does industrialization promote the emission mitigation agenda of East Africa? a pathway toward environmental sustainability

Yu,

Zhao,

Musah

et al. 2024

Front. Environ. Sci.

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Africa’s economy continues to be characterized by increasing environmental pollution caused by anthropogenic activities. Despite the implications of environmental pollution in the continent, little attention has been paid to it, although almost all its countries are signatories to the Paris Agreement. One macroeconomic variable that has proven to be a major driver of environmental pollution in the region is industrialization. However, despite the numerous explorations on the connection between industrialization and environmental degradation, limited studies have examined the linkage amidst the series in East Africa. This study was, therefore, conducted to help fill that gap. In accomplishing this goal, econometric techniques that control cross-sectional correlations, heterogeneity, and endogeneity, among others, were employed for the analysis. From the results, the panel under consideration was heterogeneous and cross sectionally correlated. In addition, the studied series were first differenced stationary and co-integrated in the long run. The elasticities of the regressors were explored via the cross sectionally augmented autoregressive distributed lag (CS-ARDL) estimator, the cross sectionally augmented distributed lag (CS-DL) estimator, and the augmented mean group (AMG) estimator. According to the results, industrialization led to a reduction in the environmental quality in the region through high CO2 emissions. In addition, financial development, foreign direct investments, urbanization, and energy consumption were not environmentally friendly in the bloc. On the causal linkages amid the series, bidirectional causalities between industrialization and CO2 emissions, energy consumption and CO2 emissions, and foreign direct investments and CO2 emissions were detected. Finally, one-way causal movements from financial development and urbanization to CO2 emissions were unraveled. These findings are useful in helping stimulate the emission mitigation agenda of the region. Based on the findings, the study recommended, among others, that national policies that can promote energy conservation at the industrial level and can convert the industrial structure of the region to a low carbon-intensive one should be formulated.

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Section: Analytical Proceduresmentioning

confidence: 99%

Does industrialization promote the emission mitigation agenda of East Africa? a pathway toward environmental sustainability

Yu,

Zhao,

Musah

et al. 2024

Front. Environ. Sci.

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“…Therefore, taking into account these main findings, it is necessary to recommend a series of policy measures related to people's well-being in selected national contexts. Nica, Poliakova, Popescu, Valaskova, Burcea, and Constantin (2023) described the impact of financial development, institutional quality and CO2 emission on life expectancy for the period of 1990 to 2021. This study examined the association between financial development, institutional quality, CO2, and life expectancy using quintile regression and ARDL.…”

Section: Literature Reviewmentioning

confidence: 99%

Measuring the Impact of Economic and Environmental Drivers on Human Development: A Comparison between Developed and Less Developed Countries

Hashmat,

Ghouse,

Ahmad

2024

Pak. J. Humanit. Soc. Sci

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The world faces a variety of environmental problems that have a significant impact on human development. In light of this, this study examines how environmental degradation affects human development while accounting for factors such as gender, income, and educational disparities, unemployment, GDPPC, institutional quality, and urbanization. The comparison between developed and developing nations is done between 1996 and 2021. Using both ecological footprints and carbon dioxide (CO2) emissions figures to measure the environmental impact on developed and less developed countries provides a more comprehensive approach to checking the environmental damage’s impact on human development. Overall, the generalized moment’s analysis method approves robust relationships between the study variables. The GMM analysis mentioned that environmental quality affects human development in the selected countries by increasing the ecological footprint and carbon emissions. Likewise, inequality in income, education, and gender has a huge negative impact on human development, as unemployment also has the opposite effect on human development in the case of less developed countries instead of developed countries. On the other hand, it has been proven that GDP, quality of institutions and urbanization confirm human welfare. Therefore, taking into account these main findings, some broad policies are required to contribute to enhancing human welfare.

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“…For the purpose of our analysis, all used variables are transformed into their natural logarithm forms. The issue of nonlinearity, heteroscedasticity, outlier, and skewness in the data can be dealt by transforming into log (Nica et al 2023). There were instances where we had negative values for adjusted net savings and foreign direct investment.…”

Section: Datamentioning

confidence: 99%

Role of Remittance on Sustainable Economic Development in Developing and Emerging Economies: New Insights from Panel Cross-Sectional Augmented Autoregressive Distributed Lag Approach

Chand,

Singh

2024

JRFM

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In this study, we aim to investigate the effects of remittance on sustainable economic development in 52 developing and emerging economies from 1996 to 2021. The study uses other variables such as real GDP per capita, total natural resource rents, globalization, and foreign direct investment. To achieve the mentioned objective, we apply a series of second-generation panel estimation approaches. These include CIPS unit root, Westerlund cointegration, cross-sectional augmented autoregressive distributed lag (CS-ARDL), and robustness using augmented mean group (AMG) and common correlated mean group (CCEMG). These methods are useful provided they are robust towards cross-country dependencies, slope heterogeneity, endogeneity, and serial correlation, which are disregarded in the conventional panel estimations. The empirical findings indicate that remittance accelerates sustainable economic development. Additionally, real GDP per capita and globalization also positively contribute towards sustainable economic development. However, total resource rents deteriorate sustainable economic development. This study offers key policy implications based on the empirical findings for the developing and emerging economies.

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The impact of financial development, health expenditure, CO2 emissions, institutional quality, and energy Mix on life expectancy in Eastern Europe: CS-ARDL and quantile regression Approaches

Cited by 13 publications

References 72 publications

Does industrialization promote the emission mitigation agenda of East Africa? a pathway toward environmental sustainability

Does industrialization promote the emission mitigation agenda of East Africa? a pathway toward environmental sustainability

Measuring the Impact of Economic and Environmental Drivers on Human Development: A Comparison between Developed and Less Developed Countries

Role of Remittance on Sustainable Economic Development in Developing and Emerging Economies: New Insights from Panel Cross-Sectional Augmented Autoregressive Distributed Lag Approach

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