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

Ionut Jianu

Journal of Financial Studies, 2022, vol. 13, issue 7, 120-131

Abstract: 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.

Keywords: economic development; environment; GDP; greenhouse gas emissions; Panel ARDL/PMG model. (search for similar items in EconPapers)
JEL-codes: C33 O11 Q53 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://revista.isfin.ro/wp-content/uploads/2022/11/9.-Jianu-Ionut.pdf (application/pdf)
https://revista.isfin.ro/2022/11/07/economic-devel ... for-eu-27-countries/ (text/html)

Related works:
Journal Article: Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries (2022)
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:fst:rfsisf:v:13:y:2022:i:7:p:120-131

DOI: 10.55654/JFS.2022.7.13.09

Access Statistics for this article

Journal of Financial Studies is currently edited by Raluca Ladaru

More articles in Journal of Financial Studies from Institute of Financial Studies Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu ().