Table 2 Discussion on expected signs of regressors.
From: Role of collaborative governance in unlocking private investment in sustainable projects
Independent variable | Expected sign | Major reason |
|---|---|---|
Good governance index | Positive | Indicates a stable and transparent regulatory environment, attracting investors to environmentally friendly initiatives |
Economic uncertainty index | Negative | Higher uncertainty deters investment, especially in longer-term and environmentally sensitive projects |
GDP | Positive | A growing GDP signifies increased economic activity and more financial resources available for investments, including green projects |
SMEs number | Positive | SMEs are more agile and innovative in adopting eco-friendly practices, contributing positively to green projects |
Total loans provided by banks | Positive | Increased lending for sustainable initiatives stimulates private investment in the green sector by providing necessary capital and resources |
