Table 1 Description of variables.

From: How do financial development and institutional quality influence greenhouse gases in the Next-11 economies?

Variables

Description

Units

Sources

Dependent variables

 LnCO2

Carbon dioxide emissions

Kilotons

WDI

 LnN2O

Nitrous oxide emissions

Metric tons

WDI

 LnCH4

Methane emissions

Metric tons

WDI

Main variables

 LnFD

Domestic credit to private sector

% of GDP

WDI

 IQ

Economic Freedom Index

0–100 Index

HF

Control variables

 LnGDPC

Gross domestic product per capita

constant 2015 US$

WDI

 LnKOFGI

KOF Globalization Index

0–100 Index

KOF SEI

 LnGDS

Gross domestic savings

% of GDP

WDI