Table 2 ADF test unit root results.
From: Determinants of green energy investment—financial drivers and equitable transition
Variable name | At level | At 1st difference | ||
---|---|---|---|---|
t-statistic | Prob. | t-statistic | Prob. | |
Green energy investment | 0.243 | 0.994 | −5.639 | 0.024 |
Issued green bonds | 0.547 | 0.854 | −7.104 | 0.002 |
Private participation | −1.394 | 0.913 | −8.395 | 0.000 |
Market capitalization as a percentage of GDP | 0.443 | 0.932 | −4.897 | 0.010 |
Misery index | −2.011 | 0.999 | −8.129 | 0.001 |
Income level | −0.973 | 1.000 | −5.400 | 0.002 |