Table 10 Results of CS-ARDL Estimations for all sample and sub-samples.
From: Achieving sustainable development goals: do governance and foreign direct investment matter?
Independent variables | Dependent Variable: overall SDGs | ||
|---|---|---|---|
All Sample | SSA sample | MENA sample | |
Long run | |||
GOV | 0.397** (0.175) | 0.998** (0.415) | 0.870* (0.471) |
FDI | 0.042** (0.019) | 0.035* (0.019) | 0.038** (0.014) |
GI | 0.036** (0.018) | 0.019* (0.072) | 0.100 (0.090) |
GS | −0.154** (0.05) | −0.021 (0.162) | −1.768* (1.027) |
GDP | 0.495*** (0.075) | 0.458*** (0.081) | 0.432*** (0.065) |
POP | −0.374 (2.779) | −4.689 (6.931) | −5.889 (5.838) |
Short run | |||
ECT | −0.778*** (0.074) | −0.627*** (0.053) | −0.755*** (0.0897) |
Δ GOV | 0.260** (0.101) | 0.359* (0.178) | 0.250 (0.220) |
Δ FDI | 0.012 (0.014) | 0.046 (0.031) | −0.063 (0.041) |
Δ GI | 0.025* (0.015) | 0.007 (0.035) | 0.036 (0.043) |
Δ GS | −0.090* (0.03) | −0.067 (0.057) | −0.737 (0.574) |
Δ GDP | 0.103 (0.15) | −0.061 (0.194) | 0.494 (0.535) |
Δ POP | −0.057 (1.75) | −1.552 (2.72) | −6.588 (4.66) |
