Table 6 Panel test for unit root status.
From: Delving into the green growth dilemma and ESG investing in Southeast Asia
Variable | CIPS test | CADF test | ||
|---|---|---|---|---|
Level | 1st level | Level | 1st level | |
Green growth index | −1.264 | −4.307 | −0.446 | −3.796 |
Environmental Investment | −1.563 | −5.480 | −2.351 | −10.304 |
GDP growth | −1.675 | −6.125 | −0.669 | −3.889 |
Population size | −2.546 | −8.697 | 1.694 | 5.410 |
Number of registered vehicles | −1.045 | −5.406 | −1.989 | −7.239 |
Internet Connection Speed | −1.785 | −6.507 | −0.794 | −4.005 |
