Table 7 Panel regression results.
Dependent variable: CO2 | Random effects model | Fixed effects model | ||||
|---|---|---|---|---|---|---|
Coefficients | DK-Std. error | t-values | Coefficients | DK-Std. error | t-values | |
ENGU | 0.003*** | 0.000 | 8.51 | 0.002*** | 0.001 | 4.53 |
PCGDP | 310.154* | 162.390 | 1.91 | 429.030** | 181.651 | 2.36 |
PCGDP2 | − 0.065** | 0.025 | − 2.60 | − 0.075*** | 0.026 | − 2.87 |
POPD | 0.001*** | 0.000 | 5.83 | 0.000 | 0.000 | 0.57 |
HCI | − 0.227*** | 0.071 | − 3.22 | − 0.162* | 0.090 | − 1.80 |
Constant | − 0.534*** | 0.135 | − 3.96 | − 0.334 | 0.097 | − 3.44 |
Diagnostic checks | ||||||
 Adjusted r-squared | 0.842 |  |  | 0.911 |  |  |
 F-statistics | 437.627*** | 0.000 |  | 46.456*** | 0.000 |  |
 Normality (JQ) | 1.6026 | 0.325 |  | 4.057 | 0.131 |  |