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

Dezvoltarea economică și degradarea mediului: un model de tip panel ARDL/PMG la nivelul țărilor UE-27
Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries

Author(s): Ionuț Jianu
Subject(s): Economy, Energy and Environmental Studies, Economic development, Environmental interactions, Socio-Economic Research
Published by: Editura Mustang
Keywords: economic development; environment; GDP; greenhouse gas emissions; Panel ARDL/PMG model;

Summary/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.

  • Issue Year: 7/2022
  • Issue No: 13
  • Page Range: 120-131
  • Page Count: 12
  • Language: English