The role of renewable energy on life expectancy: evidence from method of moments quantile regression based on G-7 countries data
International Journal of Energy Sector Management
ISSN: 1750-6220
Article publication date: 22 June 2023
Abstract
Purpose
While science has researched the impact of air pollution on human health, the economic dimension of it has been less researched so far. Renewable energy consumption is an important factor in determining the level of life expectancy and reducing health expenditure. Thus, this study aims to investigate the impact of renewable energy, carbon emissions, health expenditure and urbanization on life expectancy in G-7 countries over the period of 2000–2019.
Design/methodology/approach
This study has adopted a novel Method of Moments Quantile Regression (MMQR). Furthermore, as a robustness check for MMQR, the fully modified ordinary least square, dynamic ordinary least squares and fixed effect ordinary least square estimators have been used.
Findings
The results indicated that renewable energy consumption, health expenditure and urbanization lead to an increase in life expectancy across all quantiles (5th to 95th), whereas higher carbon dioxide emissions reduce life expectancy at birth across all the quantiles (5th to 95th).
Practical implications
The empirical findings conclude that governments should recognize their potential in renewable energy sources and devise policies such as tax-related regulations, or relevant incentives to encourage further investments in this field.
Originality/value
This paper in comparison to the other research studies used MMQR to investigate the impact of factors affecting life expectancy. Also, to the best of the authors’ knowledge, so far no study has investigated the impact of renewable energy on life expectancy in G-7 countries.
Keywords
Acknowledgements
Declarations:
Ethics approval and consent to participate: This paper does not contain any studies with human participants or animals performed by any of the authors.
Consent for publication: The authors affirm the informed consent for publication of the article.
Availability of data and materials: The data sets used and/or analyzed during the current study are available from the corresponding author on reasonable request.
Competing interests: The authors declare no competing interests.
Funding: No funds, grants or other support was received.
Citation
Karimi Alavijeh, N., Ahmadi Shadmehri, M.T., Dehdar, F., Zangoei, S. and Nazeer, N. (2023), "The role of renewable energy on life expectancy: evidence from method of moments quantile regression based on G-7 countries data", International Journal of Energy Sector Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJESM-11-2022-0001
Publisher
:Emerald Publishing Limited
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