Under the different sectors: the relationship between low-carbon economic development, health and GDP

Abstract

Developing a modern low-carbon economy while protecting health is not only a current trend but also an urgent problem that needs to be solved. The growth of the national low-carbon economy is closely related to various sectors; however, it remains unclear how the development of low-carbon economies in these sectors impacts the national economy and the health of residents. Using panel data on carbon emissions and resident health in 28 province-level regions in China, this study employs unit root tests, co-integration tests, and regression analysis to empirically examine the relationship between carbon emissions, low-carbon economic development, health, and GDP in industry, construction, and transportation. The results show that: First, China's carbon emissions can promote economic development. Second, low-carbon economic development can enhance resident health while improving GDP. Third, low-carbon economic development has a significant positive effect on GDP and resident health in the industrial and transportation sector, but not in the construction sector, and the level of industrial development and carbon emission sources are significant factors contributing to the inconsistency. Our findings complement existing insights into the coupling effect of carbon emissions and economic development across sectors. They can assist policymakers in tailoring low-carbon policies to specific sectors, formulating strategies to optimize energy consumption structures, improving green technology levels, and aiding enterprises in gradually reducing carbon emissions without sacrificing economic benefits, thus achieving low-carbon economic development.

Keywords: carbon neutrality; economic growth; greenhouse gases; health; industry low-carbon economy.