The effect of climate change on economic growth in European countries: an empirical evidence from Panel ARDL approach.

Autor: Khoualfia A; Faculty of Economic Sciences and Gestion of Sfax, University of Sfax, Sfax, Tunisia., Bardi W; Higher Institute of Management of Gabes, University of Gabes, Gabes, Tunisia. wajdibardi@gmail.com.; Laboratory of Economics and Industrial Management, Polytechnic School of Tunisia, University of Carthage, Tunis, Tunisia. wajdibardi@gmail.com.
Jazyk: angličtina
Zdroj: Environmental science and pollution research international [Environ Sci Pollut Res Int] 2024 Dec 19. Date of Electronic Publication: 2024 Dec 19.
DOI: 10.1007/s11356-024-35788-0
Abstrakt: This paper examined the impact of climate change on economic growth using panel data from 20 European countries during the period 1990-2020 and the estimation techniques of cointegration and the ARDL model. The empirical results reveal that precipitation; labour force and CO 2 emissions have a positive effect on long-term economic growth in sample countries. However, temperature, foreign direct investment, and urbanization have a negative effect on growth over the same period. Therefore, our study highlights the complex links between climate, demographic, and economic developments in European countries over the past three decades. Urbanizations, as a driver of urban development, and FDI, indicators of economic attractiveness, influence not only economic dynamics but also environmental impacts, exacerbating the challenges of CO₂ emissions and climate change.
Competing Interests: Declarations. Ethics approval: Not applicable approval and consent to participate. Consent to participate: The authors agree. Consent for publication: All authors have read and approved the manuscript to publish with this journal. Competing interests: The authors declare no competing interests.
(© 2024. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.)
Databáze: MEDLINE
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