Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries

This research aims to examine the relationship between economic development and environmental degradation in European Union over the period 2000-2019 using a Panel ARDL/PMG model. In this respect, I have used GDP per capita expressed in PPS to catch the economic development and greenhouse gas emission per capita as a proxy for environmental degradation. The study confirms a positive impact of greenhouse gas emissions (per capita) on GDP (per capita) on short-run, but also a negative effect on long-run - the long-run effect being present in 24 EU Member States.

MoreLess

Year of publication:	2022
Authors:	Jianu, Ionut
Published in:	Journal of Financial Studies. - Bucharest : Institute of Financial Studies, ISSN 2559-1347. - Vol. 7.2022, 13, p. 120-131
Publisher:	Bucharest : Institute of Financial Studies
Subject:	economic development \| environment \| greenhouse gas emissions \| GDP \| Panel ARDL / PMG model

More details

Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	hdl:10419/266039 [Handle] RePEc:zbw:espost:266039 [RePEc]
Classification:	C33 - Models with Panel Data ; Q53 - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste ; O11 - Macroeconomic Analyses of Economic Development ; Q56 - Environment and Development; Environment and Trade; Sustainability; Environmental Accounting
Source:	EconStor

Persistent link: https://www.econbiz.de/10013429073