Endogenous variable: the CO2 emissions | ||||
| Coefficients | Std error | t-Value | Probability |
Institutional quality index | −0.387* | 0.206 | −1.87 | 0.061 |
Population growth | −0.387* | 0.293 | −1.87 | 0.000 |
Gross fixed capital formation | 0.003 | 0.004 | 0.71 | 0.479 |
Agricultural value added | −0.050* | 0.028 | −1.78 | 0.075 |
Energy consumption per capita | 0.255*** | 0.095 | 2.66 | 0.008 |
Lead =; lag = 1; R2 = 0.90; Wald-chi2 = 48.20 (0.000); i = 6; t = 23 |