Dependent variable: Energy consumption (lnENR)

FMOLS

DOLS

lnPIB

5.87***

(0.00)

3.70***

(0.000)

lnIDE

−9.15***

(0.00)

−6.24***

(0.00)

lnCO2

16.52***

(0.00)

14.70***

(0.00)

lnPOP

2.08**

(0.00)

0.84

(0.4)

lnINTE

−5.47***

(0.00)

−4.27***

(0.00)

R2

0.83

0.88

Ajusted R2

0.77

0.81