Original Research ARTICLE
Nexus Among Economic Growth, Education, Health and Environment: Dynamic Analysis of World-Level Data
- 1Finance and Economics, Jeddah University, Saudi Arabia
- 2School of Economics, Shandong University, China
- 3Jeddah University, Saudi Arabia
The aim of current study is to examine the nexus among economic growth, education, health issues and carbon emission for the panel of 161 countries. Education and health have confirmed insignificant coefficients for economic growth and carbon emission, mention that higher education and better health conditions are not useful for boosting economic development and for controlling environmental degradation process. Empirical estimations have reported that higher capital investment leads to increase the economic process and carbon emission. Higher educational standard and capital investment helps to control the health issues, in long-run and short-run. On contrary, higher carbon emission creates health issues. The given results can provide support to the economic, social and environmental policy makers during policy decisions. Such as, the study suggests green financing and low carbon economy concept; the government and industries have to increase the investment on latest, energy efficient and green technologies which are useful for economic development, as well as to control the environmental degradation process.
Keywords: Panel data, carbon emission, Health, Education, economic growth
Received: 27 Jun 2019;
Accepted: 07 Oct 2019.
Copyright: © 2019 Sarwar, Alsaggaf and Tingqiu. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
* Correspondence: Dr. Suleman Sarwar, Jeddah University, Finance and Economics, Jeddah, Saudi Arabia, email@example.com