4.7 Article

Measuring the impact of renewable energy, public health expenditure, logistics, and environmental performance on sustainable economic growth

Journal

SUSTAINABLE DEVELOPMENT
Volume 28, Issue 4, Pages 833-843

Publisher

WILEY
DOI: 10.1002/sd.2034

Keywords

environmental degradation; green logistics; public health expenditure; renewable energy; sustainable economic growth

Funding

  1. Beijing Key Laboratory of Megaregions Sustainable Development Modelling, Capital University of Economics and Business [MCR2019QN09]
  2. China Postdoctoral Science Foundation [2019 M660700]

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The study aims to examine the potential relationship between public health expenditures, logistics performance indices, renewable energy, and ecological sustainability in Association of Southeast Asian Nations member countries. The study used secondary data, which downloaded from the World Bank website and tested for hypotheses using the structural equation modeling. The results show that the use of renewable energy in logistics operations will improve environmental and economic performance to reduce emissions, whereas environmental performance is negatively correlated with public health expenditures, indicating that greater environmental sustainability can improve human health and economic growth. The results also show that increased public health spending and poor environmental performance undermine economic growth in low efficiency and low labor productivity, thus reducing the speed of economic activity. On the other hand, the use of renewable energy in logistics cannot only improve the sustainability of the environment but also create a better national image and provide better export opportunities in environmentally friendly countries to promote sustainable economic growth. The outcomes of this study will help the policy/decision makers to make the proper planning to their investments for achieving sustainable economic growth.

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