Table 2 C-D and S-H tests.

From: The impact of digital economic growth and financial expansion on CO2 mitigation strategies in leading emitting countries

Tests

Values

Prob

Pesaran- CD

2.4407*

0.0001

Pesaran- LM

62.3408*

0.0003

B-Pagan LM

1425.777*

0.0001

S-H

Stat

Prob

\(\:\varvec{\Delta\:}\)

9.637*

0.0001

\(\:{\stackrel{\sim}{\varvec{\Delta\:}}}_{\varvec{a}\varvec{j}\varvec{d}}\)

13.007*

0.0000

  1. Note * denotes 1% significance.