Table 10 Westerlund panel cointegration test result.

From: The impact of renewable energy on CO2 emissions in Middle Eastern and BRICS economies

 

Middle Eastern

BRICS

Statistics

Value

P-value

Value

P-value

LnRE

−1.4470

0.0000

−0.6216

0.0000

LnEC

0.0372

0.8822

0.0474

0.7881

LnFDI

1.2009

0.0042

0.1371

0.0820

LnTO

0.1212

0.4937

0.7848

0.0000