One Way Fixed―Panel EGLS (Cross-section weights)

Variable

Coefficient

Std. Error

t-Statistic

Prob.

C

−10.1641

1.149888

−8.83921

0.0000

ΔlnGDP(-1)

−0.13045

0.126381

−1.03221

0.3057

ΔlnCO₂(-1)

−0.04227

0.076618

−0.55172

0.583

ΔlnREC

0.014209

0.038231

0.371658

0.7113

ΔlnGFCE

0.80061

0.062238

12.8636

0.0000

ΔlnREO

0.012318

0.035217

0.349762

0.7276

lnZ(-1)

0.284994

0.121478

2.346059

0.022

Effects Specification

Cross-section fixed (dummy variables)

Weighted Statistics

R-squared

0.999473

Mean dependent var

12.64313

Adjusted R-squared

0.999361

S.D. dependent var

7.28753

S.E. of regression

0.043192

Sum squared resid

0.123124

F-statistic

8941.463

Durbin-Watson stat

0.94291

Prob (F-statistic)

0.0000

Unweighted Statistics

R-squared

0.999301

Mean dependent var

9.189422

Sum squared resid

0.140656

Durbin-Watson stat

0.817963

Test cross-section fixed effects

Effects Test

Statistic

d.f.

Prob.

Cross-section F

33.17649

(8.66)

0.0000

Normality Test of Residuals

Statistic

Prob

Jarque-Bera

2.278811

0.320009