Table 3.
ARDL test outcomes.
| Factors | Value | T stats | P value |
|---|---|---|---|
| OPVt | −0.348* | −0.655 | 0.048 |
| GDPt | 0.502**** | 0.448 | 0.000 |
| NRt | −0.190 *** | −1.219 | 0.000 |
| REt | 1.671 *** | 3.1113 | 0.000 |
| CO2t | 3.885 *** | 3.03 | 0.000 |
| GFt | −0.677 *** | −1.018 | 0.000 |
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