Table 7 PMG-ARDL.

From: Unveiling the drivers of environmental performance by investigating the Nexus of energy, economic complexity and institutional quality in G7 nations

Variable

Coefficient

Std. Error

t-Statistic

Prob.*

Long Run Equation

 ECX

− 0.156776

0.024444

− 6.413760***

0.0000

 FEC

1.368088

0.186329

7.342329***

0.0000

 GLB

2.715571

0.270582

10.03603***

0.0000

 ITQ

1.081271

0.163573

6.610339***

0.0000

 RNE

0.183155

0.035165

5.208515***

0.0000

Short Run Equation

 ECT

− 0.824355

0.260513

− 3.164358***

0.0028

 ECX

0.273500

0.203158

1.346244

0.1851

 FEC

− 0.744577

1.136206

− 0.655318

0.5157

 GLB

0.359576

1.280641

0.280778

0.7802

 ITQ

− 0.449853

0.378424

− 1.188753

0.2409

 RNE

− 0.165719

0.074581

− 2.221988**

0.0315

  1. *** denotes 1% level of significance while ** denotes 5% level of significance.
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