International Journal of Social Science Research (IJSSR)

The Perspective of Carbon Emission: Evident from Asymmetric of Health Expenditure, Economic Growth and Energy Consumption in India

Carbon emission is one of the important variables that influence human health and the environment. Similarly, economic growth is influencing the health expenditure of the people. Literacy rate is an important variable that enhances economic growth and diminishes health expenditure. Recent studies on health expenditure, GDP, and CO₂ have been conducted with symmetric results that apply to a combined country representation. There is a lack of literature available on assessing Gross Domestic Product (GDP), Energy consumption on Co2. In addition, empirical studies relating to asymmetric relationships are scarce in the Indian Context. The purpose of the study is to measures the asymmetric relationship between Health Expenditure (HE), Carbon Di-oxide (CO₂), economic growth (EC), and energy consumption in India. This study collects the data from world bank database. Annual data is used in the study. The period analysed covers the years 2000 and 2022. The data relating to Health Expenditure (HE), Carbon Di-oxide (CO2), Energy Consumption (EC), literacy rate, and economic growth variables obtains from World development Bank. The results derived from the variables give insights to the public health officials and policy makers to develop a strategy that can control carbon emissions in the country.