Table 4 CADF test.

From: Does natural resource rent and financial inclusion curb carbon emissions? Empirical evidence from E7 and G7 economies

Categories	Test statistic
Emerging economies
CO₂	−0.276
ΔCO₂	−2.762***
NRR	0.167
ΔNRR	−2.270***
FI	−0.319
ΔFI	−2.898***
FDI	−0.869
ΔFDI	−4.817***
VA	−0.143
ΔVA	−1.279*
PS	0.478
ΔPS	−1.174*
GE	3.279
ΔGE	−0.964*
RQ	0.059
ΔRQ	−3.107***
RL	2.956
ΔRL	−1.799**
CC	1.467
ΔCC	−3.669***
Developed economies
CO₂	−2.263
ΔCO₂	−5.886***
NRR	1.855
ΔNRR	−3.848***
FI	−1.263
ΔFI	−5.144***
FDI	−2.639
ΔFDI	−5.246***
VA	1.176
ΔVA	−2.793***
PS	0.695
ΔPS	−3.469***
GE	−2.848
ΔGE	−7.183***
RQ	0.023
ΔRQ	−2.642***
RL	−0.954
ΔRL	−6.331***
CC	−1.049
ΔCC	−2.800***
All economies
CO₂	−0.938
ΔCO₂	−6.194***
NRR	−0.295
ΔNRR	−3.122***
FI	−1.192
ΔFI	−5.041***
FDI	−2.756
ΔFDI	−6.694***
VA	1.203
ΔVA	−1.564**
PS	−1.339
ΔPS	−3.847***
GE	2.453
ΔGE	−4.658***
RQ	0.703
ΔRQ	−2.084**
RL	2.010
ΔRL	−3.805***
CC	0.335
ΔCC	−4.921***

***,**,* denote significance at 1%, 5%, and 10% respectively.

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