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