Table 2 Variable definition.

From: Geopolitical risks and carbon emissions: the mediating effect of industrial structure upgrading

Type of variable

Name

Symbol

Meaning

Explained variable

Carbon dioxide emission

CO2

Regional per capita carbon dioxide emissions.logarithmically treated

Explanatory variable

Geopolitical risk

GPR

Monthly average data were calculated from Caldara and normalized.

Threshold variable

Industrial structural upgrading

IDS

Industrial added value / GDP, inversion process.

Control variable

GDP per capita

GDP

GDP per capita is gross domestic product divided by midyear population.

 

Trade openness

TRA

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

 

Natural resources rent

NA

The total of the following rents: oil, natural gas, coal (both hard and soft), mineral, and forest. These rents made up the percentage of GDP.