IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2023-02-53.html
   My bibliography  Save this article

Analysis and Modeling Gross Domestic Product, Carbon Dioxide Emission, Population Growth, and Life Expectancy at Birth: Case Study in Qatar

Author

Listed:
  • Sri Hasnawati

    (Department of Management, Faculty of Economic and Business, Universitas Lampung, Indonesia,)

  • Mustofa Usman

    (Department of Mathematics, Faculty of Mathematics and Natural Sciences, Universitas Lampung, Indonesia,)

  • Ahmad Faisol

    (Department of Management, Faculty of Economic and Business, Universitas Lampung, Indonesia,)

  • Faiz A. M. Elfaki

    (Department of Mathematics, Statistics and Physics, College of Arts and Sciences, Qatar University, Qatar.)

Abstract

Studies on Life Expectancy at Birth (LEB) and Population Growth (PG) with several economic variables for cases in Qatar have not been carried out much. The study of the relationship between Life expectancy at Birth(LEB), Carbon Dioxide(CO2)emission, Population growth(PG), and Gross Domestic Product(GDP)for the case of Qatar is interesting because it is a developed country based on oil and gas. The aims of this study is to build a dynamic model for vector time series that describes the relationship between the variables discussed. From the analysis results based on Criterion Information, Akaike's Information Criterion Correction (AICC), and Cointegration Rank, the best model obtained is the Vector Error Correction Model with order 4 (VECM (4)) and with Cointegration Rank r=4. Based on this dynamic model, Granger-Causality analysis, Impulse Response Function (IRF), and Forecasting will be discussed.

Suggested Citation

  • Sri Hasnawati & Mustofa Usman & Ahmad Faisol & Faiz A. M. Elfaki, 2023. "Analysis and Modeling Gross Domestic Product, Carbon Dioxide Emission, Population Growth, and Life Expectancy at Birth: Case Study in Qatar," International Journal of Energy Economics and Policy, Econjournals, vol. 13(2), pages 467-483, March.
  • Handle: RePEc:eco:journ2:2023-02-53
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/14069/7234
    Download Restriction: no

    File URL: https://www.econjournals.com/index.php/ijeep/article/view/14069
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vladimir M. Shkolnikov & Dmitri A. Jdanov & Evgeny M. Andreev & James W. Vaupel, 2011. "Steep Increase in Best‐Practice Cohort Life Expectancy," Population and Development Review, The Population Council, Inc., vol. 37(3), pages 419-434, September.
    2. Daquan Huang & Shuimiao Yang & Tao Liu, 2020. "Life Expectancy in Chinese Cities: Spatially Varied Role of Socioeconomic Development, Population Structure, and Natural Conditions," IJERPH, MDPI, vol. 17(18), pages 1-24, September.
    3. Helmut Lütkepohl, 2005. "New Introduction to Multiple Time Series Analysis," Springer Books, Springer, number 978-3-540-27752-1, September.
    4. Kuhn, Michael & Prettner, Klaus, 2016. "Growth and welfare effects of health care in knowledge-based economies," Journal of Health Economics, Elsevier, vol. 46(C), pages 100-119.
    5. Charles I. Jones & Peter J. Klenow, 2016. "Beyond GDP? Welfare across Countries and Time," American Economic Review, American Economic Association, vol. 106(9), pages 2426-2457, September.
    6. Rajesh Sharma, 2018. "Health and economic growth: Evidence from dynamic panel data of 143 years," PLOS ONE, Public Library of Science, vol. 13(10), pages 1-20, October.
    7. repec:onl:scimod:2017:p:19-36 is not listed on IDEAS
    8. Wolfgang Lutz & Endale Kebede, 2018. "Education and Health: Redrawing the Preston Curve," Population and Development Review, The Population Council, Inc., vol. 44(2), pages 343-361, June.
    9. Kim, Sei-wan & Lee, Kihoon & Nam, Kiseok, 2010. "The relationship between CO2 emissions and economic growth: The case of Korea with nonlinear evidence," Energy Policy, Elsevier, vol. 38(10), pages 5938-5946, October.
    10. Chigozie Nelson Nkalu & Richardson Kojo Edeme, 2019. "Environmental Hazards and Life Expectancy in Africa: Evidence From GARCH Model," SAGE Open, , vol. 9(1), pages 21582440198, February.
    11. Warsono Warsono & Edwin Russel & Wamiliana Wamiliana & Widiarti Widiarti & Mustofa Usman, 2019. "Modeling and Forecasting by the Vector Autoregressive Moving Average Model for Export of Coal and Oil Data (Case Study from Indonesia over the Years 2002-2017)," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 240-247.
    12. Wang, Zhaohua & Asghar, Muhammad Mansoor & Zaidi, Syed Anees Haider & Nawaz, Kishwar & Wang, Bo & Zhao, Wehui & Xu, Fengxing, 2020. "The dynamic relationship between economic growth and life expectancy: Contradictory role of energy consumption and financial development in Pakistan," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 257-266.
    13. Acaravci, Ali & Ozturk, Ilhan, 2010. "On the relationship between energy consumption, CO2 emissions and economic growth in Europe," Energy, Elsevier, vol. 35(12), pages 5412-5420.
    14. David N. Weil, 2015. "A Review of Angus Deaton's The Great Escape: Health, Wealth, and the Origins of Inequality," Journal of Economic Literature, American Economic Association, vol. 53(1), pages 102-114, March.
    15. Luo, Weixiang & Xie, Yu, 2020. "Economic growth, income inequality and life expectancy in China," Social Science & Medicine, Elsevier, vol. 256(C).
    16. Bryan Jones & Brian C. O’Neill & Larry McDaniel & Seth McGinnis & Linda O. Mearns & Claudia Tebaldi, 2015. "Future population exposure to US heat extremes," Nature Climate Change, Nature, vol. 5(7), pages 652-655, July.
    17. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    18. Komang Adi Kurniawan Saputra & Daniel T. H. Manurung & Lia Rachmawati & Eka Siskawati & Franklin Kharisma Genta, 2021. "Combining the Concept of Green Accounting with the Regulation of Prohibition of Disposable Plastic Use," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 84-90.
    19. Sanni Eneji Ademoh, 2017. "Population Growth and Life Expectancy: Predicting the Relationship," Scientific Modelling and Research, Online Science Publishing, vol. 2(1), pages 19-36.
    20. Salvi Asefi-Najafabady & Karen L Vandecar & Anton Seimon & Peter Lawrence & Deborah Lawrence, 2018. "Climate change, population, and poverty: vulnerability and exposure to heat stress in countries bordering the Great Lakes of Africa," Climatic Change, Springer, vol. 148(4), pages 561-573, June.
    21. Jarque, Carlos M. & Bera, Anil K., 1980. "Efficient tests for normality, homoscedasticity and serial independence of regression residuals," Economics Letters, Elsevier, vol. 6(3), pages 255-259.
    22. Warsono Warsono & Edwin Russels & Wamiliana Wamiliana & Widiarti Widiarti & Mustofa Usman, 2019. "Vector Autoregressive with Exogenous Variable Model and its Application in Modeling and Forecasting Energy Data: Case Study of PTBA and HRUM Energy," International Journal of Energy Economics and Policy, Econjournals, vol. 9(2), pages 390-398.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mustofa Usman & Luvita Loves & Edwin Russel & Muslim Ansori & Warsono Warsono & Widiarti Widiarti & Wamiliana Wamiliana, 2022. "Analysis of Some Energy and Economics Variables by Using VECMX Model in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 91-102, March.
    2. Bloom, David E. & Kuhn, Michael & Prettner, Klaus, 2018. "Health and Economic Growth," IZA Discussion Papers 11939, Institute of Labor Economics (IZA).
    3. Al Mamun, Md. & Sohag, Kazi & Hannan Mia, Md. Abdul & Salah Uddin, Gazi & Ozturk, Ilhan, 2014. "Regional differences in the dynamic linkage between CO2 emissions, sectoral output and economic growth," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 1-11.
    4. Pao, Hsiao-Tien & Fu, Hsin-Chia, 2013. "Renewable energy, non-renewable energy and economic growth in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 381-392.
    5. Phrakhruopatnontakitti & Busakorn Watthanabut & Kittisak Jermsittiparsert, 2020. "Energy Consumption, Economic Growth and Environmental Degradation in 4 Asian Countries: Malaysia, Myanmar, Vietnam and Thailand," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 529-539.
    6. Mustofa Usman & M. Komarudin & Nurhanurawati Nurhanurawati & Edwin Russel & Ahmad Sidiq & Warsono Warsono & F. A.M Elfaki, 2023. "Dynamic Modeling and Analysis of Some Energy Companies of Indonesia Over the Year 2018 to 2022 By Using VAR(p)-CCC GARCH(r,s) Model: -," International Journal of Energy Economics and Policy, Econjournals, vol. 13(4), pages 542-554, July.
    7. Tajul Masron & Mduduzi Biyase & Talent Zwane & Thomas Udimal & Frederich Kirsten, 2023. "Ecological footprint and population health outcomes: an analysis of E7 countries," Economics Working Papers edwrg-07-2023, College of Business and Economics, University of Johannesburg, South Africa, revised 2023.
    8. Jacobson, Tor & Ohlsson, Henry, 1994. "Long-Run Relations between Private and Public Sector Wages in Sweden," Empirical Economics, Springer, vol. 19(3), pages 343-360.
    9. Pao, Hsiao-Tien & Fu, Hsin-Chia, 2013. "The causal relationship between energy resources and economic growth in Brazil," Energy Policy, Elsevier, vol. 61(C), pages 793-801.
    10. Hamit-Haggar, Mahamat, 2012. "Greenhouse gas emissions, energy consumption and economic growth: A panel cointegration analysis from Canadian industrial sector perspective," Energy Economics, Elsevier, vol. 34(1), pages 358-364.
    11. Yang, Sharon S. & Wang, Chou-Wen, 2013. "Pricing and securitization of multi-country longevity risk with mortality dependence," Insurance: Mathematics and Economics, Elsevier, vol. 52(2), pages 157-169.
    12. Kühl, Michael, 2007. "Cointegration in the foreign exchange market and market efficiency since the introduction of the Euro: Evidence based on bivariate cointegration analyses," University of Göttingen Working Papers in Economics 68, University of Goettingen, Department of Economics.
    13. Al-Mulali, Usama & Ozturk, Ilhan, 2016. "The investigation of environmental Kuznets curve hypothesis in the advanced economies: The role of energy prices," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 1622-1631.
    14. Abdul Qayyum, 2000. "Demand for Real Money Balances by the Business Sector: An Econometric Investigation," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 39(4), pages 857-873.
    15. Helmut Lütkepohl, 2013. "Vector autoregressive models," Chapters, in: Nigar Hashimzade & Michael A. Thornton (ed.), Handbook of Research Methods and Applications in Empirical Macroeconomics, chapter 6, pages 139-164, Edward Elgar Publishing.
    16. Magazzino, Cosimo & Drago, Carlo & Schneider, Nicolas, 2023. "Evidence of supply security and sustainability challenges in Nigeria’s power sector," Utilities Policy, Elsevier, vol. 82(C).
    17. Kornelius Kraft, 1998. "An evaluation of active and passive labour market policy," Applied Economics, Taylor & Francis Journals, vol. 30(6), pages 783-793.
    18. Karaaslan, Abdulkerim & Çamkaya, Serhat, 2022. "The relationship between CO2 emissions, economic growth, health expenditure, and renewable and non-renewable energy consumption: Empirical evidence from Turkey," Renewable Energy, Elsevier, vol. 190(C), pages 457-466.
    19. Ericsson, Neil R., 1992. "Parameter constancy, mean square forecast errors, and measuring forecast performance: An exposition, extensions, and illustration," Journal of Policy Modeling, Elsevier, vol. 14(4), pages 465-495, August.
    20. Shamim Ahmed & M. Golam Mortaza, 2010. "Inflation and Economic Growth in Bangladesh: 1981-2005," Working Papers id:3033, eSocialSciences.

    More about this item

    Keywords

    Life Expectancy at Birth; Population Growth; CO2; Gross Domestic Product; VECM(p); Cointegration;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2023-02-53. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.