Impact of banking sector development and environment on population health: evidence from EU transition countries

Yilmaz Bayar, Marius Dan Gavriletea, James Estes and Mirela Oana Pintea

Economic Research-Ekonomska Istraživanja, 2023, vol. 36, issue 1, 2076140

Abstract: This study explores the short and long-run effects of banking sector development and the environment on population health in EU member transition states through second-generation panel cointegration and causality analyses. The causality analysis revealed a significant causality between banking sector development and population health, but the causality direction varied depending on the indicator of banking sector development. Also, a one-way causality from greenhouse gas emissions per capita to population health was revealed. Furthermore, the cointegration analysis revealed that banking sector development had a very weak positive influence on population health in Bulgaria, Croatia, Estonia, Romania, Slovakia, and Slovenia, but had a very weak negative influence on population health in Hungary, Latvia, Lithuania, Poland. On the other hand, greenhouse gas emissions per capita had a negative effect on population health in Bulgaria, Croatia, Lithuania, and Romania. Lastly, real GDP per capita had a very weak positive influence on population health in Czech Republic, Hungary, Latvia, Lithuania, and Slovenia. Measures against environmental degradation need to be adopted to improve population health. Since the consumption of fossil fuels is the primary source of CO2 emissions, policymakers should find proper policy tools for reducing emissions by finding the right balance between costs and benefits.

Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/1331677X.2022.2076140 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:reroxx:v:36:y:2023:i:1:p:2076140

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rero20

DOI: 10.1080/1331677X.2022.2076140

Access Statistics for this article

Economic Research-Ekonomska Istraživanja is currently edited by Marinko Skare

More articles in Economic Research-Ekonomska Istraživanja from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().