Analyzing the Impact of Renewable Energy Investment on Reducing Healthcare Costs in Low-, Middle-, and High-Income Countries in the Middle East

Authors

    Ashkan Khoz Department of Economics, SR.C., Islamic Azad University, Tehran, Iran
    Afshin Baghfalaki * Department of Economics, Ker.C., Islamic Azad University, Tehran, Iran Afshin.Baghfalaki@iau.ac.ir
    Kambiz Peykarjou Department of Economics, SR.C., Islamic Azad University, Tehran, Iran
    Abbas Memarnejad Department of Economics, SR.C., Islamic Azad University, Tehran, Iran

Keywords:

foreign direct investment, renewable energy, healthcare costs, Middle Eastern countries

Abstract

This study examines the impact of investment in renewable energy on reducing healthcare costs in Middle Eastern countries, taking into account their income levels (low, middle, and high). Air pollution, as one of the main causes of cardiovascular, respiratory, and chronic diseases, imposes heavy annual burdens on healthcare systems. In this research, data related to investments in renewable energy, healthcare expenditures, and economic indicators were collected from reputable international sources and analyzed using multivariate regression models. The results indicated that increased investment in renewable energy significantly contributes to reducing healthcare costs. This effect is more evident in high-income countries due to greater access to financial resources and more advanced infrastructure. Additionally, the Middle East’s substantial potential for harnessing solar and wind energy presents a significant opportunity to reduce dependence on fossil fuels and improve public health. However, low-income countries, due to financial and structural constraints, require international support and appropriate policy interventions. This study emphasizes the importance of adopting incentive policies for the development of renewable energy and fostering regional cooperation in the Middle East. It also provides recommendations for strengthening infrastructure and addressing economic disparities. The findings of this study can assist policymakers in designing sustainable strategies to reduce healthcare costs and enhance quality of life.

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Published

2025-09-01

Submitted

2025-01-18

Revised

2025-06-28

Accepted

2025-07-03

Issue

Section

Articles

How to Cite

Khoz, A. ., Baghfalaki, A., Peykarjou , K. ., & Memarnejad , A. (2025). Analyzing the Impact of Renewable Energy Investment on Reducing Healthcare Costs in Low-, Middle-, and High-Income Countries in the Middle East. Management Strategies and Engineering Sciences, 1-11. http://193.36.85.187:8092/index.php/mses/article/view/245

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