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

Syed Abdul Rehman KhanSchool of Economics and Management Tsinghua University Beijing ChinaZhang YuSchool of Economics and Management Chang'an University Xi'an ChinaAnil KumarCentre for Supply Chain Improvement The University of Derby Derby UKEdmundas Kazimieras ZavadskasInstitute of Sustainable Construction, Faculty of Civil Engineering Vilnius Gediminas Technical University Vilnius LithuaniaDalia ŠtreimikienėInstitute of Social Sciences and Applied Informatics, Kaunas Faculty Vilnius University Kaunas Lithuania
2020en
ABI

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Abstract 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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