Table 5 CADF and CIPS findings about the unit root status.
From: Role of collaborative governance in unlocking private investment in sustainable projects
Variable | CADF (level) | CADF (first level) | CIPS (level) | CIPS (first level) |
|---|---|---|---|---|
Private investment in green projects | −1.56 (0.16) | −7.68 (0.00) | −0.99 (1.00) | −3.50 (0.00) |
Good governance index | −5.54 (0.05) | −17.59 (0.00) | −3.58 (0.03) | −8.59 (0.00) |
Economic uncertainty index | −1.24 (0.42) | −7.65 (0.00) | −1.66 (0.84) | −4.76 (0.00) |
GDP | −1.98 (0.58) | −8.02 (0.00) | −2.43 (0.90) | −9.42 (0.00) |
SMEs number | −3.78 (0.6) | −12.33 (0.00) | −5.49 (0.03) | −16.42 (0.00) |
Total loans provided by banks | −0.96 (1.00) | −5.04 (0.00) | −1.12 (0.89) | −5.40 (0.00) |
