Economic recovery and resilience in post-pandemic Europe: evidence from eleven European Union economies

Evans Yeboah (), Dastan Bamwesigye and Jitka Fialova
Additional contact information
Evans Yeboah: Mendel University in Brno
Dastan Bamwesigye: Mendel University in Brno
Jitka Fialova: Mendel University in Brno

Quality & Quantity: International Journal of Methodology, 2025, vol. 59, issue 6, No 4, 4979-5019

Abstract: Abstract This study examines the economic recovery and resilience of eleven European Union member states after the COVID-19 pandemic, using annual data from 1990 to 2022. It applies a multi-method approach, combining the Pooled Mean Group (PMG) estimator, Nonlinear Autoregressive Distributed Lag (NARDL) model, and Common Correlated Effects Estimator to analyze long- and short-run relationships. The findings show that, in the long run, inflation and mobile cellular subscriptions slow growth, while greenhouse gas emissions have a positive effect. Youth unemployment, labor force participation, trade openness, population growth, and foreign direct investment (FDI) do not show significant effects. In the short run, inflation and mobile subscriptions remain negative, while emissions continue to support growth. PMG results confirm that labor force participation, inflation, and mobile subscriptions reduce long-term growth, whereas population growth, trade openness, and emissions contribute positively. The NARDL model finds uneven effects of FDI, inflation, population growth, and trade openness, with short-run imbalances in inflation and trade openness. Causality analysis shows two-way links between inflation, trade openness, youth unemployment, and GDP growth, while one-way effects are observed for greenhouse gas emissions, population growth, and mobile subscriptions. These results help shape post-pandemic economic policies, emphasizing the importance of managing inflation and improving mobile connectivity to support long-term growth.

Keywords: GDP growth; Recovery; Resilient; European Union; Trade openness (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s11135-025-02194-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:qualqt:v:59:y:2025:i:6:d:10.1007_s11135-025-02194-8

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11135

DOI: 10.1007/s11135-025-02194-8

Access Statistics for this article

Quality & Quantity: International Journal of Methodology is currently edited by Vittorio Capecchi

More articles in Quality & Quantity: International Journal of Methodology from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().