Table 7.
Best ML model with interactions.
| Variables | Coeff | t-value |
|---|---|---|
| TORE2 | 1.2714*** | 4.08 |
| TORE3 | −1.6263*** | −3.57 |
| TORE4 | 0.0930 | 0.46 |
| PL2 | 1.7695*** | 6.05 |
| PL3 | 3.1312*** | 6.86 |
| GHG2 | 0.2323*** | 2.72 |
| GHG3 | 1.1420*** | 4.95 |
| RE FUND | −0.1885*** | −2.63 |
| TORE4_RE | −1.4523** | −2.50 |
| TORE4_TOR | 0.7142*** | 3.42 |
| TORE2_SUB | −0.1379*** | −3.46 |
| TORE3_SUB | −0.1274*** | −3.10 |
| TORE4_SUB | −0.1047*** | −2.58 |
| TORE2_KWT | −0.8488*** | −3.04 |
| TORE3_KWT | 1.7973*** | 4.19 |
| PL2_KWT | −1.5674*** | −5.27 |
| PL3_KWT | −2.8368*** | −6.25 |
| GHG3_KWT | −0.9540*** | −4.02 |
| Summary Statistics | ||
| No. of Observations | 1600 | |
| Log-likelihood | −1669.1282 | |
| Pseudo R2 | 0.0350 | |
| Adjusted Pseudo R2 | 0.0268 | |
Note: (*) 10% level, (**) 5% level, (***) 1% level.