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

Ionut Jianu

EconStor Open Access Articles and Book Chapters, 2022, vol. 7, issue 13, 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; greenhouse gas emissions; GDP; Panel ARDL / PMG model (search for similar items in EconPapers)
JEL-codes: C33 O11 Q53 Q56 (search for similar items in EconPapers)
Date: 2022
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Journal Article: Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:266039

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