Table 7 Robustness FMOLS estimator.
Variable | \(\:{GDP}_{t}=F\left({L}_{t,i},\:{K}_{t,i},\:{CO}_{2t,i},\:{EE}_{t,i},\:{RE}_{t,i},{\mu\:}_{t,i}\:\right)\) | \(\:{CO}_{2t}=F\left({L}_{t,i},\:{K}_{t,i},\:{GDP}_{t,i},\:{EE}_{t,i},\:{RE}_{t,i}\right)\) | ||
|---|---|---|---|---|
Coefficient | t-statistic | Coefficient | t-statistic | |
L | − 0.162342 | − 0.923935 | − 0.368066a | − 3.890830 |
K | 0.175616c | 1.631082 | 0.070866 | 1.109882 |
CO2 | 0.526975a | 2.590593 | ||
GDP | 0.166343b | 2.381561 | ||
EE | 0.709013a | 4.004722 | 0.630744a | 7.220662 |
RE | 0.112624a | 3.131687 | − 0.037807c | − 1.687120 |
Adjusted R2 | 0.995 | 0.998 | ||
