Table 3 Moran’s I index of financial concentration levels and CO2 emissions from 2006 to 2019.
From: Dynamic spatial spillover effects of financial agglomeration on CO2 emissions: the case of China
Test statistic | 0–1 Adjacent space weight matrix (W1) | Economic distance space weight matrix (W2) | ||
|---|---|---|---|---|
Statistic | P value | Statistic | P value | |
Moran’s I | 2.453 | 0.014 | 101.648 | 0.000 |
LM-lag | 90.640 | 0.000 | 10.764 | 0.001 |
R-LM-lag | 80.443 | 0.000 | 9.345 | 0.002 |
LM-error | 21.186 | 0.000 | 7.388 | 0.007 |
R-LM-error | 10.989 | 0.001 | 5.969 | 0.015 |
LR test for SLM | 36.430 | 0.000 | 28.760 | 0.000 |
LR test for SEM | 34.640 | 0.000 | 28.070 | 0.000 |
Hausman test | 113.260 | 0.000 | 44.690 | 0.000 |
