Table 6 FMOLS and DOLS estimation.

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

Categories

FMOLS

DOLS

Emerging economies

 NRR

0.003***

0.001

 FI

−0.018

−0.024**

 FDI

0.016

0.010

 VA

0.208***

0.217***

 PS

−0.075

−0.095***

 GE

−0.151

−0.111**

 RQ

0.239

0.202***

 RL

−0.129*

−0.129*

 CC

−0.016

−0.001

Developed economies

 NRR

0.035***

0.025**

 FI

−0.007

−0.007

 FDI

0.001

0.001

 VA

0.206***

0.219**

 PS

0.036

0.034

 GE

0.033

0.078

 RQ

0.020

0.004

 RL

0.129*

0.084

 CC

−0.009

0.018

All economies

 NRR

0.015***

0.012***

 FI

−0.007

−0.011*

 FDI

0.006*

0.003

 VA

0.210***

0.230***

 PS

−0.026

−0.048**

 GE

−0.044

−0.057

 RQ

0.069*

0.077*

 RL

0.005

−0.015

 CC

−0.012

0.001

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