Renewable energy consumption and health care expenditure in the Arab countries Does institutional quality matter?
Keywords:
renewable energy consumption, health care expenditure, institutional quality, Arab countries, panel FGLS.Abstract
The main aim of this study is to investigate the nature of relationship among renewable energy consumption, health care expenditure and institutional quality in a sample of Arab countries during the period 2002-2020. In order to achieve its objective, the study utilized panel FGLS method. The main findings of the study indicated a positive impact of renewable energy consumption on health care expenditure in the Arab countries. However, this impact became negative when the rental nature of the economy has been controlled for. In addition, the study results showed that institutional quality is an important factor for decreasing the positive impact of renewable energy consumption on health care expenditure in those countries.
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