Table 1 Variables specification.
Sign | Variables | Measures | Sources |
|---|---|---|---|
GGDP | Green Growth | Green Growth Index | (Sarkodie et al., 2023) |
EDU | Education | Human capital index, based on year of schooling and return to education | PWT 11.0 (Penn World Table Version 11)(https://www.rug.nl/ggdc/productivity/pwt/?lang=en) |
CAP | Capital | Gross Fixed Capital Formation | World Bank, (2023) |
EMP | Labor | Employment Ratio | World Bank, (2023) |
TRD | Trade | Trade as Percentage of GDP | World Bank, (2023) |
FDI | Foreign Direct Investment | Net Inflows (Percent of GDP) | World Bank, (2023) |