| Test equation | lnGDP(CO2) | |
| Statistic | Prob. | |
| Pedroni Panel v-Stat. | −0.47323 | 0.682 |
| Pedroni Panel rho-Stat. | 0.464736 | 0.6789 |
| Pedroni Panel PP-Stat. | −0.95957 | 0.1686 |
| Pedroni Panel ADF-Stat. | −2.02675 | 0.0213 |
| Pedroni Group rho-Stat. | 1.397932 | 0.9189 |
| Pedroni Group PP-Stat. | −1.233 | 0.1088 |
| Pedroni Group ADF-Stat. | −1.98645 | 0.0235 |
| Kao Residual Cointegration Test | −2.25787 | 0.012 |