Table 5 Driscoll-Kraay test.

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

 

Pooled OLS

 

GLS (Random-effects)

 

Factors

Coeff.

Std.Err

Coeff.

Std.Err

LEG

0.4846*

0.0282

0.1060***

0.1055

LDE

0.2571***

0.0843

1.0234*

0.1073

LFINE

-0.3753*

0.0457

-0.1060***

0.0054

LPD

0.1302*

0.0074

-0.1120*

0.0112

LEGxDE

-0.0282

0.0120

-0.1024*

0.0176

Cons

-2.2480*

0.2865

0.7608

1.0070

F-stat

14444.13[0.001]

 

4411.16 [0 00]

 

R-Sq

0.5863

 

0.5307

 
  1. Note: *** and * show 10% and 1% significance.