Table 9 Robustness examination.

From: Delving into the green growth dilemma and ESG investing in Southeast Asia

Variable

Fully Modified OLS

CUP-BC

Coefficient

Prob.

Coefficient

Prob.

Environmental Investment

0.242

0.012

0.342

0.064

GDP growth

−0.106

0.056

−0.143

0.073

Population size

−0.146

0.005

−0.187

0.023

Number of registered vehicles

−0.436

0.072

−0.378

0.049

Internet Connection Speed

0.106

0.339

0.158

0.036

  1. Source: Researcher.