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 emissi...
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| Format: | Article |
| Language: | English |
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Institutul de Studii Financiare
2022-11-01
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| Series: | Revista de Studii Financiare |
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| Online Access: | https://revista.isfin.ro/2022/11/07/economic-development-and-environmental-degradation-a-panel-ardl-pmg-model-for-eu-27-countries/ |
| _version_ | 1798017613687685120 |
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| author | Ionuț Jianu |
| author_facet | Ionuț Jianu |
| author_sort | Ionuț Jianu |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-04-11T16:10:10Z |
| format | Article |
| id | doaj.art-deaaa05454c04df9a9200dec1b035462 |
| institution | Directory Open Access Journal |
| issn | 2537-3714 2559-1347 |
| language | English |
| last_indexed | 2024-04-11T16:10:10Z |
| publishDate | 2022-11-01 |
| publisher | Institutul de Studii Financiare |
| record_format | Article |
| series | Revista de Studii Financiare |
| spelling | doaj.art-deaaa05454c04df9a9200dec1b0354622022-12-22T04:14:44ZengInstitutul de Studii FinanciareRevista de Studii Financiare2537-37142559-13472022-11-0171312013110.55654/JFS.2022.7.13.09Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countriesIonuț Jianu0The Bucharest University of Economic Studies, BucharestThis 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.https://revista.isfin.ro/2022/11/07/economic-development-and-environmental-degradation-a-panel-ardl-pmg-model-for-eu-27-countries/economic developmentenvironmentgdpgreenhouse gas emissionspanel ardl / pmg model |
| spellingShingle | Ionuț Jianu Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries Revista de Studii Financiare economic development environment gdp greenhouse gas emissions panel ardl / pmg model |
| title | Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries |
| title_full | Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries |
| title_fullStr | Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries |
| title_full_unstemmed | Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries |
| title_short | Economic development and environmental degradation: A panel ARDL/PMG model for EU-27 countries |
| title_sort | economic development and environmental degradation a panel ardl pmg model for eu 27 countries |
| topic | economic development environment gdp greenhouse gas emissions panel ardl / pmg model |
| url | https://revista.isfin.ro/2022/11/07/economic-development-and-environmental-degradation-a-panel-ardl-pmg-model-for-eu-27-countries/ |
| work_keys_str_mv | AT ionutjianu economicdevelopmentandenvironmentaldegradationapanelardlpmgmodelforeu27countries |