Table 12 Panel generalized method of moments results.

From: Nexus between renewable-disaggregated non-renewable energy consumption and economic growth in GCC countries: a Cobb-Douglas production function analysis

Variable

Coefficient

Std. error

t-statistic

Prob.

lnCC

−0.9187

1.4368

−0.6394

0.5238

lnOC

0.3398***

0.0472

7.1938

0.0000

lnNGC

0.4013***

0.0518

7.7434

0.0000

lnRE

0.7589***

0.2454

3.0927

0.0025

lnK

−0.1202**

0.0669

−1.7969

0.0748

lnL

0.1621***

0.0559

2.8982

0.0045

lnTO

0.0017*

0.0918

0.0185

0.9852

C

23.7758***

0.9142

26.0069

0.0000

Obs N = 130

groups N = 5

Time = 26

R-squared = 0.972988

Adjusted R-square = 0.971439

Sum squared resid = 2.910753

Durbin-Watson stat = 0.161334

  1. ***, **, and * denotes the significance levels at 1%, 5%, and 10%, respectively.
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